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Bank of Uganda issues Xente Tech with Central Bank Payment Systems Operator license

by Alphred Rhyman Agaba
Xente Tech, CEO & Founder Allan Rwakatungu (Left) poses for a photo with COO & Co-Founder of Xente Tech, Francis Nkurunungi (Right). Rwakatungu explained that acquisition of this license is a commitment to Xente customers, partners and other stakeholders that they are offered with a safe and compliant service.
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Bank of Uganda has issued Xente Tech Ltd, a financial technology platform that simplifies payments and finance for businesses, with a Payment Systems Operator (PSO) license. The development opens up more opportunities for Xente to provide better financial services to businesses in Uganda. “I am very happy to announce that we have acquired the Payment Systems Operator (PSO) license under th

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About the Author

Rhyman Alphred Agaba is a journalist, editor and radio/TV producer and entrepreneur based in Kampala.