Ugandan Shilling

Airtel Money is Kenya's second-largest mobile money provider, holding approximately 6.6% market share as of 2024 (up from 2.8%). It operates similarly to M-Pesa and enables money transfers, bill payments, and merchant payments via USSD and the Airtel Money app.

Wendi is PostBank Uganda's mobile money wallet, integrated with Western Union for international money transfers in late 2024. It provides banking services through an agent network to underbanked Ugandans.

MTN MoMo is the leading mobile money service in Eswatini, offering P2P transfers, merchant payments, bill payments, airtime top-up, and savings products. It is the primary digital financial tool for the unbanked population and is widely used even by banked consumers for everyday payments. MTN Eswatini has the largest mobile subscriber base in the country.

JumiaPay is the embedded wallet and checkout solution for the Jumia marketplace and bill payments across several African markets. Operator: Jumia Technologies AG. Est. users: ~5.4M Jumia active customers (2024).

Tingg is Cellulant's consumer payments app and checkout that aggregates mobile money, cards and bank rails across eight African markets. Operator: Cellulant Corporation. Est. users: Large pan-African user base (2024).

Chipper Cash is a pan-African wallet for free cross-border transfers, bill pay, virtual cards and online payments across seven markets. Operator: Chipper Technologies Inc. Est. users: 7M+ users (2024).

Equity Bank is Kenya's largest bank by customer base (over 20 million), offering retail, SME, and corporate banking with operations across East Africa.

KCB (Kenya Commercial Bank) Group is East Africa's largest bank by total assets, with operations in 7 East African countries.

Stanbic Bank Uganda is the country's largest bank by assets, a subsidiary of Standard Bank Group.

Aggregate of remaining banks in Uganda, collectively ~75.0% of domestic banking assets.