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Ensibuuko Raises UGX3.5Bn Seed Investment From FCA Investments
Ensibuuko Raises UGX3.5Bn Seed Investment From FCA Investments
Ugandan-based fintech startup, Ensibuuko has raised USD$1 million (approx. UGX3.5 billion) that it will use to scale its operations rapidly in Uganda and to expand to other markets in Africa.
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Ensibuuko Founder and CEO, Gerald Otim (right) at the announcement of acquiring the seed investments from FCA Investments. (COURTESY PHOTO)
Global impact investor, FCA Investments has announced a commitment of USD$1 million (approx. UGX3.5 billion) to Ensibuuko; a fintech startup providing digital financial services to over 200,000 rural customers across Uganda. The firm’s Founder and Chief Executive; Gerald Otim says, the investment will be used to scale rapidly in Uganda and to expand to other markets in Africa. ....

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