🌍 Coming Home to Make a Difference 🌍 We're thrilled to share that Zimba Technologies was recently featured by Hippo during their renowned 40 Days of Fintech! This interview is more than just a spotlight on our innovative core banking software—it’s a testament to our journey and mission. Our story is deeply personal. After losing his parents and being adopted from Uganda, Isaac Were, our CEO, went on to study at West Point Military Academy, where he gained invaluable experience. He then made the bold decision to return home to Uganda with a vision: to create a fintech solution that bridges the gap between financial institutions and the underserved, empowering SACCOs and MFIs to transform communities and drive financial inclusion. In the interview, we delve into how Zimba Technologies is turning this vision into reality, helping to build a stronger, more resilient financial ecosystem in Africa. We are incredibly grateful to the Hippo team for providing us with this platform to share our mission and impact. 📽️ Watch the full interview here: https://lnkd.in/dBF_fwNM #Fintech #Innovation #FinancialInclusion #ZimbaTechnologies #Uganda #SACCOs #MFIs #TechForGood #ReturningHome #40DaysofFintech
Zimba Technologies is building financial systems for last-mile Financial Inclusion. #40Days40FinTechs Season 5, Day 16. Savings and Credit Cooperative Organisations (SACCOs) and Microfinance Institutions are at the heart of last-mile financial institutions as these serve the unserved and underserved. However, many of these continue to depend on paper and cash-based systems that are prone to misuse, time-wasting, and thus inconvenience all the parties involved. But technology is addressing most of these issues with innovators developing solutions that enable such institutions to transition from traditional to digital systems. Among the platforms that are leading the digitization of SACCOs and microfinance institutions is Zimba Technologies. Zimba Technologies is a platform that builds core banking solutions and systems for financial institutions with a primary focus on SACCOs and microfinance institutions. “I can’t explain the origins of Zimba without telling my personal story. I come from Eastern Uganda, just outside Mbale. When I was young, my family had so many struggles. I lost both my parents by the age of seven and my uncle was responsible for providing for my siblings and myself. He was unable to access capital to expand our family farm. Fortunately, things worked out and we were adopted by American missionaries, and that is how I ended up in the USA,” explained Isaac Were, Zimba Technologies Founder and CEO, adding; “But I never forgot those experiences as a child. So, when I came back to visit for the first time, after twelve years, I hoped to start a business but the same problem – limited access to capital – was still persistent. So, when I decided that I wanted to come back to settle in Uganda, I said I would start a business to address the problem of capital and access to finance. I knew that Saccos and microfinances play an important role for the people at the bottom of the pyramid as they enable them access to capital. But I believe that they can do better with the help of technology. That is how Zimba technologies came about.” Mr. Were highlighted that before launching Zimba Technologies, they did comprehensive research and found the gaps in the market and thus started to design solutions to address those specific problems. LEARN MORE: https://lnkd.in/dkFey_kn #LevelOneProject #IncludeEveryone || Bill & Melinda Gates Foundation Mojaloop Foundation INFITX Crosslake Technologies Ideation Corner Innocent Kawooya Nicholas Kalungi John Mark Ssebunnya Neeza Charlotte Joseph Kimbowa Kasakya George NG FILMS . Doreen Nanfuka