True African (U) Limited

True African (U) Ltd is a privately held Ugandan company specializing in financial technology (FinTech) and value-added IT services. Established in 2001, it operates as a mobile and online financial services hub, providing tailored software solutions and digital payment platforms to clients across Uganda and the broader East African region.

📍 Company Overview

• Founded: May 28, 2001

• Headquarters: Plot 3–5, Level 5, Block A, Nakawa Business Park, Kampala, Uganda

• Employees: 11–50

• Website: trueafrican.com

• Contact: +256 393 230 380 | info@trueafrican.com

💼 Core Services

True African offers a comprehensive suite of digital financial services, including:

• Mastercard QR: Facilitates secure, cashless payments via mobile devices.

• Mobile Banking & USSD Aggregation: Provides mobile banking solutions and USSD code services for banks and telecoms.

• Merchant Collections & Bulk Payments: Enables businesses to receive and disburse mobile money efficiently.

• Software Development: Delivers custom software tailored to specific business needs.

• VSLA Imara Platform: Supports Village Savings and Loan Associations (VSLAs) with digital tools for savings and loan management.

• TA Credit: Offers micro-lending solutions to small and medium enterprises (SMEs).

🌍 Regional Impact

Operating in both Uganda and Kenya, True African has established itself as a key player in the region’s digital financial landscape. The company has been recognized for its contributions to financial inclusion and innovation, participating in initiatives like the “40 Days 40 FinTechs” campaign.

🤝 Clientele & Partnerships

True African’s diverse client base includes:

• Financial Institutions: Standard Chartered Bank, GTBank

• Utilities: National Water and Sewerage Corporation (NWSC)

• Insurance: Sanlam

• Automotive: Toyota Uganda

These partnerships underscore the company’s versatility in delivering digital solutions across various sectors.

🚀 Recent Developments

In late 2024, True African launched Miint Africa, a platform designed to enhance business operations with services such as SMS communication, collections management, Know Your Customer (KYC) validation, airtime solutions, and USSD shortcode rentals.