Uganda S Ensibuuko Raises 1M To Scale Rapidly In Uganda Across Africa
With the new raise, Ensibuuko expects to build out its operations in Uganda and as well expand its proprietary microfinance platform to reach more credit unions (SACCOs) and savings groups across Africa. According to Ensibuuko’s Founder & CEO, Gerald Otim, “With this latest investment, Ensibuuko ups its competitive stance in Africa’s fintech space. The investment will allow Ensibuuko to scale rapidly in Uganda and to expand to other markets. Ensibuuko also intends to make major improvements to its newer digital loan and microinsurance products, which target rural customers....