DOB Equity and FCA Investments have invested in Laboremus Uganda to enhance its fintech platform aimed at improving credit access for African financial institutions.

Target Information

Laboremus Uganda is a B2B fintech company recognized for its innovative solutions that streamline customer onboarding processes for financial institutions in Uganda and surrounding markets. By offering a comprehensive platform, Laboremus enables banks and fintechs to efficiently verify customer identities, thus addressing a crucial barrier to accessing credit for consumers in Sub-Saharan Africa. Through its advanced software-as-a-service (SaaS) model, the company combines various essential services into a single solution, significantly enhancing the client acquisition process.

Current partnerships include notable financial institutions such as Standard Chartered, a.o. Equity Bank, dfcu Bank, and pan-African fintech Wave, showcasing Laboremus' credibility and effectiveness within the industry.

Industry Overview

The financial services industry in Uganda is experiencing transformative growth, with a focus on digital solutions aimed at enhancing financial inclusion. Despite the promising developments, there remains a significant gap in access t