Enhancing the financial resilience of Africa’s low middle income earners
FutureLink Technologies (FLT) is Africa’s fast growing digital marketplace for affordable financial services. Licensed by the Central Bank of Uganda as a Payment System Operator, FLT works To create Financial freedom for all in Africa through a community driven market place for financial services so that all may thrive.
People Served
Annual Transaction Value
Digital Consumers
Annual Digital Transactions
Annual Digital Transactions
Branch Network of Credit Unions
Aggregate Savings Value
Aggregate Loan Value
Our Why
Enhancing the Financial Resilience of Africa's Low & Middle Income Earners
Licensed by the Central Bank of Uganda as a Payment System Operator, FLT works to enhance the financial resilience of Africa’s low and middle income earners, through a community-driven digital marketplace for affordable financial services. Unlike many Fintechs which offer expensive credit to consumers, FLT leverages the relevance and outreach of Credit Unions and MFIs in Africa, to enable low and middle income earners grow personal savings, access affordable credit and make payments using secure and reliable digital channels. We believe that an equitable and sustainable economy is only possible if it is inclusive.
Our envisioned Future
To be the Technology Champion of the social-economic prosperity of the people in the developing world.
What we do
Building Africa’s Community-driven marketplace for affordable financial services
We enable end consumers access appropriate and affordable financial products provided by our large network of ecosystem partners in Africa including Credit Unions and MFIs. Through our consumer-facing MSACCO multi-channel payment gateway, we enable consumers grow personal savings, access affordable credit and insurance, and make payments.
Additionally, through our business-facing Savings Plus Banking As a Service platform, we enable Credit Unions and MFIs acquire and retain more customers, mobilise community savings and grow transaction revenues at a fraction of 10% the ordinary cost.
Products and Services
Our way of Work
Our mission to enhance the financial resilience of Africa’s low and middle income earners, requires a team passionate about people, committed to this cause and enduring values. Below is our position.
Integrity
FLT is committed to being true, following the truth to where ever it leads. We are a place where personal and institutional accountability is nurtured and cherished. We believe in fair play as a key ingredient for sustainable shared Value in business.
Innovation
We exist to enable rural Africa work through a combination of Technological inventions and sustainable business models.
Value for People
We are an Impact driven company, that seeks not just a return on investment, but also the lives transformed by our work.
Customer focus
We are a Data-Driven company that takes interest in the customer’s preferences and pains. We believe that what a man can do, he can do better. We are therefore agile enough to adapt to the ever changing needs of the customer.
MSACCO – Your Financial Freedom in Your Hands
This is the Consumer-facing part of the platform. For Africa’s low and middle income earners, MSACCO is the gateway to a variety of community-responsive and affordable financial services provided by a growing network of Credit Unions and MFIs. Through reliable and secure digital channels, end consumers are able to grow personal savings, access affordable credit and make payments. By empowering the subscribers to make informed choices, we enhance their freedom to determine their financial destiny.
Savings Plus
Savings Plus is the Business-facing part of the platform. For Africa’s Credit Unions and MFIs, Savings Plus is the Banking as a Service platform that enables them to acquire more customers, mobilise savings, grow transaction revenues, and geographically scale at 10% the ordinary cost. The 90% operational cost saving is leading to unprecedented growth in profitability, thereby providing a decent return to shareholders. It is a combination of a hosted Core Banking system, managed network and call centre to support end consumers.
Services
ICT Solutions
We give bang for buck Technologies to corporate organizations in Uganda by timely and exclusively supplying genuine ICT products and services with Manufacturer’s warranties and after-sales support. FLT is a Preferred Partner for major IT companies such as HP, Microsoft, DELL, CISCO, and Bitrix. Our clients include non-governmental organizations (NGOs), banks, government agencies, and corporations.
Our Why
Enhancing the Financial Resilience of Africa's Low & Middle Income Earners
Licensed by the Central Bank of Uganda as a Payment System Operator, FLT works to enhance the financial resilience of Africa’s low and middle income earners, through a community-driven digital marketplace for affordable financial services. Unlike many Fintechs which offer expensive credit to consumers, FLT leverages the relevance and outreach of Credit Unions and MFIs in Africa, to enable low and middle income earners grow personal savings, access affordable credit and make payments using secure and reliable digital channels. We believe that an equitable and sustainable economy is only possible if it is inclusive.
Our Envisioned Future
To be the Technology Champion of the social-economic prosperity of the people in the developing world.
What we do
Building Africa’s Community-driven marketplace for affordable financial services
We enable end consumers access appropriate and affordable financial products provided by our large network of ecosystem partners in Africa including Credit Unions and MFIs. Through our consumer-facing MSACCO multi-channel payment gateway, we enable consumers grow personal savings, access affordable credit and insurance, and make payments.
Additionally, through our business-facing Savings Plus Banking As a Service platform, we enable Credit Unions and MFIs acquire and retain more customers, mobilise community savings and grow transaction revenues at a fraction of 10% the ordinary cost.
Our way of Work
Our mission to create Financial freedom for all in Africa through a community driven market place for financial services so that all may thrive. Below is our position.
MSACCO – Your Financial Freedom in Your Hands
This is the Consumer-facing part of the platform. For Africa’s low and middle income earners, MSACCO is the gateway to a variety of community-responsive and affordable financial services provided by a growing network of Credit Unions and MFIs. Through reliable and secure digital channels, end consumers are able to grow personal savings, access affordable credit and make payments. By empowering the subscribers to make informed choices, we enhance their freedom to determine their financial destiny.
Savings Plus
Savings Plus is the Business-facing part of the platform. For Africa’s Credit Unions and MFIs, Savings Plus is the Banking as a Service platform that enables them to acquire more customers, mobilise savings, grow transaction revenues, and geographically scale at 10% the ordinary cost. The 90% operational cost saving is leading to unprecedented growth in profitability, thereby providing a decent return to shareholders. It is a combination of a hosted Core Banking system, managed network and call centre to support end consumers.
Our Story
In the quest to change the financial destiny of Africa, Vincent Tumwijukye, Byron Nicco Osiro, Richard Asiimwe and Nassir Katuramu came together to found what would later become Africa’s fast growing Community-driven marketplace for affordable financial services. The journey started with just USD 300 in a garage space in Kampala Uganda.
In the News
FutureLink Technologies awarded Responsible Digital Innovator of the Year
Awarded the Responsible Digital Innovator of the Year Mention by the Global SME Forum in conjunction with the IFC
Future Link Technologies wins the Global Inclusive FINTECH 50 Position
The Inclusive Fintech 50 initiative is run by the Center for Financial Inclusion at Accion,…..
Future Link Technologies wins the Impact Story Competition
On 18th October 2021, Future Link Technologies LTD ‘s 3 videos were announced the winners, with one being 1st, another 2nd and another being 3rd.
Our Financial Inclusion Partners
Get a Quote
Are you a financial service provider in Uganda or Zambia, passionate about the thriving of Africa’s low and middle income earners? Join our network of financial service providers as we build a financially resilient Africa.
Incorporated
As a Software Development Company with $300 in a garage space.
In 2005Birth of Savings Plus
Launched our web-based Savings Plus Core Banking system for SACCOs & MFIs in Uganda
In 2008Ranked 37th
Among Top 100 Mid-Sized Companies in Uganda.
In 2015Launched Banking as a Service Platform.
Reduced SACCOs monthly infrastructure cost to 10%.
In 2016Winner of the Mastercard Foundation Rolling Competition
USD 979,062 Grant to scale BaaS.
In 2018Listed among Inclusive Fintech 50
In 2021Launched Africa's Community-driven Marketplace for Affordable Financial Services.
In 2022Awarded Platinum Product Innovation of the Year
- by IFC World Bank and the SME Finance Forum
PCI- DSS Certification
- Integrations with CRB & National Data-base
