Tuesday
May 25
2021

Ugandan Fintech, Ensibuuko Raises $1 Million Funding to Drive International Expansion

By Adenike Adebowale

Ugandan fintech startup, Ensibuuko has announced a funding of 1 million dollars from an impact investor, FCA Investments.

Ensibuuko was founded by Gerald Otim and Opio David in 2012 to offer a better way of delivering financial services to microfinance entities. These entities and savings communities make use of the startup’s software called Mobis to automate their data, processes and payments.

Photo courtesy of Pexels.

Source: TechNext (link opens in a new window)

Categories
Investing
Tags
financial inclusion, fintech, impact investing, microfinance