Uganda’s education financing gap is drawing increased attention from fintech players, as new partnerships seek to ease the burden of school fees on households. Denis Musinguzi, the team lead at Furaha Finserve Uganda, an indigenous tech firm, says the growth in digital payments is attracting more financial institutions into the education finance space. Diamond Trust Bank and Cairo Bank Uganda, for instance, have partnered with the payments platform SurePay to introduce embedded school-fee loans at an interest rate of 5 percent. Officials add that this provides parents with access to credit at the point of payment, ensures that funds are paid directly to schools, and helps mitigate existing risks.