Pezesha is now fully licensed to operate in Uganda market

Benson Odhiambo · 1 minute read

Pezesha is now fully licensed to operate in Uganda market

Pezesha is thrilled to announce that we have successfully secured full licensing to operate in the Uganda market, which will allow us to expand our reach and positively impact a greater number of Micro, Small, and Medium Enterprises (MSMEs) by offering more accessible and affordable financial services. The granting of the Mobile Lending License by the Uganda Microfinance Regulatory Authority (UMRA) and the e-transactions License by the National Information Technology Authority-Uganda (NITA) marks a significant milestone for Pezesha and will enable the deepening of our embedded finance partnerships in the country.

This licensing accomplishment is a testament to Pezesha's commitment to providing reliable and trustworthy financial services to MSMEs in Uganda and underscores Pezesha’s dedication to adhering to the highest standards of regulatory compliance. With these licenses in hand, Pezesha is poised to make a greater impact on the financial landscape of Uganda and contribute to the growth and prosperity of the country's MSMEs. By providing access to affordable financial services and helping to address the funding gap faced by these critical drivers of economic growth, Pezesha is playing a crucial role in catalyzing development and creating opportunities for communities across the country.

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SMEsEmbedded financingRegional expansioncompliance