FinanceFintechsThe Big Story

Pegasus Technologies becomes the first indigenous Ugandan fintech to get BoU license for mobile payments.

by Muhereza Kyamutetera
Ronald Azairwe, the Managing Director, Pegasus Technologies, says the license is an important milestone in the 14-year history of the business as well as proof of the company’s consistent commitment to creating fast, secure and simple payment solutions.
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Pegasus Technologies Limited, an indigenous Ugandan company, has become the fifth, company to receive a license from the Bank of Uganda to operate as a Payment Service Operator (PSO), having fulfilled the rigorous requirements of the National Payments Act, 2020 (NPS Act 2020) and the National Payments Regulations, 2021. Pegasus is however the very first indigenous fintech to get the prized lice

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.