Financial Companies

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. With the onset of the COVID-19 pandemic, Xente pivoted its focus from consumer payments to business-to-business (B2B) transactions, a move that has significantly shaped its post-pandemic growth. In this discussion, Allan shares how the company has adapted to a more regulated fintech environment, the strategic partnerships they’ve formed, and the exciting product innovations that have emerged, particularly in cross-border payments. He also provides his perspective on the future of fintech in Uganda and East Africa, touching on the challenges and opportunities in the sector, as well as the promising role of emerging technologies like AI and regulated cryptocurrencies. Through this conversation, Allan highlights Xente’s ambition to become a key player in building a cohesive African fintech market, and his vision for the future of digital financial services on the continent.