AMCUL

UBA’s WILBROD OWOR: gnuGrid CRB’s Mobile Credit Score to de-risk bottom-of-the-pyramid lending

by CEO East Africa MagazineCompany NewsFinanceApril 25, 2024April 25, 2024

The recently launched Mobile Credit Score by gnuGridCRB and Airtel Mobile Commerce Uganda Limited (AMCUL) promises to further unlock access to credit for the vast majority of Ugandans in the…

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gnuGrid CRB’s Mobile Credit Score to revolutionise lending to unserved and underserved populations⏤ Ministry of Finance  

by Muhereza KyamuteteraCompany NewsFintechsNews & AnalysisApril 9, 2024April 16, 2024

Moses Ogwapus, the Commissioner of Financial Services, Ministry Of Finance, Planning And Economic Development has hailed gnuGrid and Airtel Mobile Commerce Uganda Limited’s Mobile Credit Score as an “innovative mobile…

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Meet David Opio, a Ugandan technopreneur de-risking digital lending to the financially unserved and underserved

by CEO East Africa MagazineFintechsThe Big StoryApril 3, 2024April 9, 2024

To reduce poverty and promote economic growth through affordable and quality financial services, the government of Uganda through the Uganda National Financial Inclusion Strategy (NFIS) II (2023 – 2028), seeks…

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BIG SIZE: Who are the big banks financing Airtel Uganda? 

by Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 16, 2024March 16, 2024

It was the famous personal finance guru, Robert Kiyosaki, of the “Rich Dad Poor Dad,” book fame, that coined the “Other People’s Money (OPM)” mantra, advancing that, to turbocharge growth,…

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Airtel Uganda’s 2023 profits fell UGX160 bn short of IPO promises⏤ Did MTN Uganda’s resurgence cut short Airtel’s much-hyped growth trajectory? 

by Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryMarch 16, 2024March 16, 2024

Airtel Uganda, the second largest telco, on March 4th, released its very first post-listing results, showing that for the first time in five years since 2019, it made an 8.8%…

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STAKEHOLDERS: GnuGrid CRB and Airtel’s new Mobile Credit Scoring system to herald a new dawn in digital lending and financial inclusion

by CEO East Africa MagazineThe Big StoryJanuary 29, 2024January 29, 2024

Public and private sector stakeholders as well as development partners, in Uganda’s financial services ecosystem, have welcomed GnuGrid CRB and Airtel Mobile Commerce’s Mobile Credit Score as a significant milestone…

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GnuGrid CRB and Airtel Mobile Commerce Launch Uganda’s First-Ever Mobile Credit Scoring System

by CEO East Africa MagazineCompany NewsNews & AnalysisJanuary 29, 2024January 29, 2024

GnuGrid CRB, Uganda’s first and only indigenous credit reference bureau to be licensed by the Bank of Uganda and Airtel Mobile Commerce Uganda Limited, a provider of affordable and secure…

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Airtel Money maintains its up-to-95% cut on money-sending fees to other networks, East Africa and the world

by CEO ReporterCompany NewsFintechsMarch 18, 2023March 18, 2023

Airtel Mobile Commerce Uganda Limited (AMCUL) will continue to send money to other networks in Uganda, East Africa and the world, for as low as UGX100, following the fintech’s decision…

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IT and cybersecurity experts poke holes into Airtel Money’s security system; saying it is static, inadequate and still vulnerable to hackers and fraudsters

by The CEO Magazine TeamCompany NewsFintechsNews & AnalysisDecember 14, 2022May 4, 2023

Airtel Mobile Commerce Uganda Limited (AMCUL) the mobile money and digital payments arm of Airtel Africa Plc needs to overhaul its outdated mobile money system to a more dynamic and…

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How the Airtel Money fraud happened: Chief Executive Officer speaks out on the brazen hack

by Muhereza KyamuteteraCompany NewsFintechsIndustry & AnalysisThe Big StoryDecember 14, 2022May 4, 2023

After the 27th October 2022, digital fraud incident in which a number of banks lost several billions of shillings from their Airtel Money Wallets (OVAs) held at Airtel Mobile Commerce…

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