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PostBank, MTN MoMo Partner to Usher More Ugandans into the Money Economy Through the XtraCash Product

by Paul Murungi
PostBank Uganda, Managing Director, Julius Kakeeto (2nd L) PostBank Uganda Executive Director, Andrew Kabeera (L), joined by Richard Yego (C), Chief Executive Officer of MTN MoMo and other officials during the launch of Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers financed by PostBank Uganda. The launch was held today, 27th September 2024 at Kingdom Kampala at Wendi by PostBank Uganda Offices.

PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital micro lending solution that is positioned to extend short term facilities to…

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About the Author

Paul Murungi is a Ugandan Business Journalist with extensive financial journalism training from institutions in South Africa, London (UK), Ghana, Tanzania, and Uganda. His coverage focuses on groundbreaking stories across the East African region with a focus on ICT, Energy, Oil and Gas, Mining, Companies, Capital and Financial markets, and the General Economy.

His body of work has contributed to policy change in private and public companies.

Paul has so far won five continental awards at the Sanlam Group Awards for Excellence in Financial Journalism in Johannesburg, South Africa, and several Uganda national journalism awards for his articles on business and technology at the ACME Awards.

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