eTranzact Platform Limited is a licensed financial technology company operating in Uganda, offering a range of digital payment and mobile banking solutions. The company commenced operations in Uganda in 2023 after obtaining two licenses from the Bank of Uganda under the National Payment Systems Act, 2020:
Payment Systems Operator (PSO) – for small funds transfer, clearing systems, or switches
Payment Service Provider (PSP) Class A – as a small electronic money issuer
These licenses enable eTranzact to provide services such as mobile money transfers, digital banking, payroll solutions, and cross-border remittances. Their flagship product, the XCEL App, facilitates instant salary payments, global money transfers, and fee-free school payments.
Name: eTranzact Platform Limited Uganda
Founded: 2023
Industry: Financial Technology (FinTech)
Company Size: 51–200 employees
Licensing Authority: Bank of Uganda
Managing Director: Evode Rusagara
Email: r*****e@etranzact.com.ug
Phone: +256---5177
Website: https://www.etranzact.com.ug
X (formerly Twitter): @EtranzactL