Blog

02/10/2019

Milestone: 500,000 consumers served

It is a pleasure for us to announce that as of today, awamo® 360 serves more than 500,000 consumers in Uganda and Kenya. Those 500k consumers are the clients of 400+ local microfinance institutions and SACCOs. To date, awamo® 360 has facilitated transactions worth more than EUR 55m in total. All of this goes with…

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12/04/2019

Customer experiences

We’re proud to finally release awamo’s customer experiences video! Watch how awamo helps its customers to better serve their clients, save time & money, and have their data securely stored in the cloud. If you want to stay in touch, sign up to awamo’s newsletter!

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20/09/2018

awamo raises seven-figure investment from FinLab AG

FinLab AG has invested a seven-figure EUR amount into Frankfurt-based FinTech company awamo GmbH. awamo is the leading provider of cloud-based core banking systems for small-to-medium sized microfinance institutions in Uganda. Besides FinLab, also awamo’s current shareholders and additional sector experts have joined the funding round. awamo will use the proceeds to further develop the…

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02/08/2018

awamo now serves 70,000 clients in 60 institutions

We’re proud to announce that awamo has reached the next milestone in its business development. At the end of July 2018, awamo served 60 microfinance institutions and SACCOs in Uganda, whose combined client base is beyond the mark of 70,000. Last month, more than 40,000 transactions were being processed, which moved more than EUR 1,000,000…

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18/06/2018

awamo wins FintechGermany Award 2018

We’re very proud to announce that awamo has won the 2018 FinTechGermany Award in the “Seed / Early Stage” category. The range of contenders over the years has been impressive, which makes it a apecial honor for us to line up with our predecessors. The winners in other categories have been: ELEMENT (InsurTech), Exporo (PropTech), N26 (Growth Stage), OptioPay (Later…

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