Beyond Payments: How Allan Rwakatungu is Steering Xente Toward a Fintech Revolution

In this insightful interview, we speak with Allan Rwakatungu, CEO of Xente, a fintech company that has been making waves in Uganda’s rapidly evolving digital payments landscape.

“There is poor market adoption in Uganda. You could look at East Africa as a block, but Uganda is still very siloed. Africa has many problems, especially around our politics and underdevelopment, things that sometimes pull us behind. And our governments have a big role in making sure that this potential becomes real. We do not want to be here three, four, five years down the road still talking about potential. This technology thing is real. Fintech is real, and it has the ability to create something special. The beauty about building in this market is you are starting from a clean slate. There is no legacy. For example, for many businesses, you will find that you are their first bank account, so our policymakers have a very big role in making sure that we make this thing real” says Allan Rwakatungu .