Fintech partnership set to transform Uganda’s education sector through purpose-driven lending
A pioneering partnership between Ugandan financial technology business Furaha, Opportunity Bank, and MTN Mobile Money is set to revolutionize education financing in Uganda. The innovative collaboration, announced on Wednesday, will enable Ugandans to access loans from Opportunity Bank via MTN Mobile Money, facilitating seamless payment of school fees.
Furaha, Opportunity Bank, MTN partner to offer education financing
Furaha, a financial technology business has entered into partnership with Opportunity Bank and MTN mobile money to offer education financing to Ugandans. The partnership announced on Wednesday will see Furaha enable Ugandans acquire loans from Opportunity Bank through MTN mobile money.
Furaha partners with School Pay to ease education financing
Financial technology platform Furaha has entered into partnership with Service Cops, the owners of School Pay to help revolutionalise education financing. Through this partnership, parents will be able to acquire loans to finance education and pay later.
Furaha partners with School Pay to ease education financing
Service Cops, Furaha Finserve Partner to Revolutionise School Fees Financing in Uganda
In a bold step towards financial inclusion and accessible education, Service Cops Limited and Furaha Finserve Uganda Limited have announced a strategic partnership to revolutionise school fees financing in Uganda.
SC Ventures, Yabx invest $10mn in DIFC-headquartered Furaha to drive education financing in Africa
The platform is to commence its operations with education finance, and will start with Uganda as its first market.
SC Ventures and Yabx, a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa
Furaha combines SC Ventures’ global expertise and risk management capability with Yabx’s future-ready tech and alternate lending platform.
SC Ventures, Yabx Invest $10M in Furaha to Accelerate Purpose-driven Financing in Africa
SC Ventures has invested $ 7 million, while Yabx BV has contributed through technology transfer, resulting in a combined investment of $10 million in Furaha
SC Ventures and Yabx Invests $10M in Furaha to Transform Education Financing in Africa
SC Ventures and Yabx Technologies have jointly invested $10 million in Furaha, a lending platform focused on education financing in sub-Saharan Africa. SC Ventures contributed $7 million, while Yabx provided technology transfer to support this purpose-driven initiative.
SC Ventures and Yabx, a Tech Mahindra Group company, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa
Furaha combines SC Ventures’ global expertise and risk management capability with Yabx’s future-ready tech and alternate lending platform Furaha offers purpose-driven loans centred around education, gender and other responsible lending pillars for African markets SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V.