Overview

  • Founded Date January 1, 1900
  • Sectors Technology
  • Posted Jobs 3
  • Viewed 1

Company Description

FutureLink Technologies (FLT) is a leading Ugandan financial technology (FinTech) company that specializes in providing digital banking and payment solutions for Savings and Credit Cooperative Organizations (SACCOs) and Microfinance Institutions (MFIs). Founded with the goal of driving financial inclusion, the company serves as a technical bridge that allows small, community-based financial entities to offer modern services like mobile banking, ATM access, and real-time fund transfers. Their headquarters are located in Kampala, where they manage a robust digital infrastructure that connects hundreds of thousands of individual savers across the country.
The company’s flagship product is the Core Banking System (CBS), which is specifically designed to handle the unique accounting and membership needs of Ugandan cooperatives. By moving SACCOs away from manual, paper-based record-keeping to a centralized digital platform, FutureLink helps these institutions improve transparency, reduce operational errors, and enhance the security of members’ funds. Additionally, they have integrated their systems with major mobile money networks and the national switch, enabling SACCO members to deposit and withdraw money from their accounts using their mobile phones, regardless of their location.
Beyond software development, FutureLink Technologies is a key player in the “financial Switch” landscape of East Africa. They operate a shared platform that allows different financial institutions to interact with one another, promoting a more integrated and efficient financial ecosystem. The firm is licensed and regulated by the Bank of Uganda under the National Payment Systems Act, ensuring that their technology adheres to strict national security and data privacy standards. Through its focus on “banking the unbanked,” the company continues to play a vital role in the digital transformation of Uganda’s rural and peri-urban economies.
  • Core Banking Solutions: Providing specialized cloud-based software for SACCOs to manage member records, loan portfolios, and financial reporting.
  • Mobile Banking (USSD & Apps): Enabling members of small financial institutions to access their balance, transfer funds, and pay bills via their mobile devices.
  • MSACCO Platform: A dedicated mobile channel that links SACCO accounts directly to mobile money services for seamless deposits and withdrawals.
  • Interoperability Services: Facilitating the connection between MFIs, commercial banks, and payment aggregators to allow for cross-platform transactions.
  • Technical Support and Training: Offering 24/7 system monitoring and hands-on ICT training for SACCO staff to ensure smooth digital transitions.

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