Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
503-670-7772
Menu
Search

In The News

Home > BSA/AML & Consumer Protection > Uganda: More Ugandans Turn to Mobile Money
Jun10 - 20

Uganda: More Ugandans Turn to Mobile Money

Uganda’s mobile financial services continued to register steady growth with the quarter ending December 2019 realising 700,000 new mobile money accounts.

However, some high value Ugandans shifted from using money services to agency banking.

According to the latest Uganda Communications Commission report net additions in registered mobile money accounts between December 2018 and December 2019 stood at 2.6 million.

The quarter ended with 27.1 million registered mobile money accounts, up from 26.4 million in September 2019. Read the complete article HERE.

Categories

Archives

Events

January 12, 2022

An overview of current cryptocurrency legislation with leading experts from McDermott Will & Emery and Bates Group.  Join us for a discussion on the current…

February 16, 2022

FinTechs and cryptocurrencies have received credit for reinventing global financial services. These advancements have raised many questions for compliance professionals and how we operate in…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.

Call Now Button