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Ensibuuko

Financial Services
+256 414 694498
Kampala, Central Region, Uganda, Kampala, Central Region
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About Ensibuuko

Ensibuuko is a fintech company based in Kampala, Uganda, dedicated to enhancing financial inclusion across Africa. Founded in 2014, the company focuses on providing digital financial services to rural communities by automating data, processes, and payments for microfinance institutions[1][3]. Here are some key points about Ensibuuko: - Mission and Impact: Ensibuuko aims to bridge the gap in financial services for underserved populations, particularly in rural areas with limited telecom infrastructure. It helps community-based microfinance institutions deliver financial services more efficiently[1][3]. - Technology and Partnerships: The company developed Mobis, a microfinance software that enables local savings cooperatives (SACCOs) and savings groups to automate their operations. This platform is used in several African countries, including Uganda, Zambia, Tanzania, and Nigeria[3]. - Financial Performance: Ensibuuko has reported an annual revenue of $3 million and employs approximately 45 people[5]. - Founding and Leadership: The company was founded by individuals who experienced firsthand the challenges of inadequate banking systems in rural Uganda. Gerald Otim is noted as a key figure in the company's inception, although specific leadership roles are not detailed in the search results[1][3]. - Support and Mentorship: Ensibuuko has received support from organizations like Outbox, a Google for Startups partner, which helped the company enhance its technical capabilities and business model[1].

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