Agent Banking Company
Agent Banking Company is a Uganda-based fintech providing a white-label digital financial services platform-as-a-service to banks, MDIs, MFIs, SACCOs, and fintechs, distributing services through a nationwide network of over 22,000 agents.
- Company typePrivate
- Founded2018
- HeadquartersKampala, Uganda
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Agent Banking Company firmographics
Firmographics- Name
- Agent Banking Company
- Legal name
- Agent Banking Company
- Website
- https://agentbanking.co.ug
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Agent Banking Company is a Uganda-based fintech providing a white-label digital financial services platform-as-a-service to banks, MDIs, MFIs, SACCOs, and fintechs, distributing services through a nationwide network of over 22,000 agents.
- Ownership category
- akta.pro rank
Agent Banking Company industry classification
Industry- Product category
- Banking-as-a-Service Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)
- akta.pro secondary industries
- Embedded Card Issuing & Card-as-a-Service (FSAGALAC), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)
Keywords
Where Agent Banking Company is headquartered
LocationHeadquarters
- HQ city
- Kampala
- HQ country
- Uganda
- HQ region
- Africa
Offices1 record
Markets served
Agent Banking Company business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Platform Licensing/White-label: ABC provides white-label platforms to financial institutions enabling them to offer digital financial services under their own brands. Institutions avoid costly CAPEX by leveraging shared infrastructure on a pay-as-you-go model.
- Transaction Processing: Revenue generated from processing financial transactions including cash-in/cash-out, bill payments, school fees, taxes, merchant payments, credit disbursements, and remittances through the agent and digital platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-as-you-go model with shared infrastructure |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Agent Banking Company product offering
Product offeringCore offering
Agent Banking Company (ABC) provides a white-label, modular financial technology platform that enables banks, microfinance deposit-taking institutions (MDIs), microfinance institutions (MFIs), SACCOs, and fintechs in Uganda to roll out digital financial services under their own brands. The platform spans mobile banking, agent banking, merchant payments, online payments, card issuing/acquiring, and open APIs, delivered as a shared infrastructure so institutions do not need to build technology stacks from scratch.
Differentiator
Problem solved
Functional benefit
Products and services
- Mobile Platform
Quantifiable outcome
- 22,000+ agents enabling cash-in and cash-out services nationwide
- +2 more outcomes
Companies that use Agent Banking Company
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles3 records
Agent Banking Company technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
Feature6 records
Agent Banking Company partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and flagship.
- Absa Bank UgandacoreBanking partner using ABC's platform for agent banking and digital financial services delivery.
- Centenary BankcoreBanking partner using ABC's platform for agent banking and digital financial services delivery.
- Equity Bank UgandacoreBanking partner using ABC's platform for agent banking and digital financial services delivery.
- Stanbic Bank UgandacoreBanking partner using ABC's platform for agent banking and digital financial services delivery.
- DFCU BankcoreBanking partner using ABC's platform for agent banking and digital financial services delivery.
- Bank of UgandaflagshipRegulatory partner and central bank of Uganda providing oversight and regulatory framework for agent banking operations.
- UNCDFcoreDevelopment partner supporting financial inclusion initiatives through technical assistance and funding for agent banking expansion in Uganda.
- GIZcoreGerman development organization supporting financial inclusion projects in Uganda through partnership with ABC.
- FSD UgandacoreFinancial Sector Deepening Uganda - partner supporting financial inclusion through agent banking development.
- Uganda Bankers AssociationcoreIndustry association representing banks in Uganda, supporting standards and collaboration for agent banking.
- Airtel MoneycoreMobile money partner integrated with ABC's platform for interoperable financial transactions.
- MTN UgandacoreMobile money partner integrated with ABC's platform for interoperable financial transactions.
- OnafriqcorePan-African fintech partner enabling cross-border payments and financial services integration.
- InterswitchcoreAfrican fintech partner providing payment technology infrastructure and integration services.
- UGAFODE MicrofinancecoreMDI partner using ABC's platform for digital microfinance services.
- Finca UgandacoreMDI partner using ABC's platform for digital microfinance services.
- BRAC UgandacoreMDI partner using ABC's platform for digital microfinance services.
Scale indicators3 records
Agent Banking Company competitors and assessment
Company assessmentDirect peers
- TeamApt: Nigerian fintech providing white-label banking-as-a-service, agent banking, and payment infrastructure for banks and fintechs. Direct comparable in offering modular PaaS to financial institutions across Africa.
- Onafriq (formerly MFS Africa): Pan-African mobile money and cross-border payments network. Both partner and competitor — integrated with ABC for cross-border remittances, but also operates its own hub connecting mobile money operators across Africa.
- Flutterwave: Pan-African payment infrastructure provider offering APIs, merchant acquiring, and cross-border payments. Competes in the payment orchestration and white-label space, with comparable enterprise B2B GTM targeting financial institutions and fintechs.
- Moniepoint: Nigerian agent banking platform serving banks and OFIs with white-label agent network management, POS, and digital banking. Comparable product suite (agent platform, merchant acquiring) targeting a similar institutional customer base in Africa.
- Pesapal: East African payment gateway and merchant acquiring platform. Both partner and competitor — integrates with ABC, but also offers merchant payments, POS, and online payment services to similar banking and fintech customers.
- Cellulant: Pan-African fintech providing payment infrastructure (Tingg) and white-label digital banking platforms across multiple African markets. Direct competitor to ABC in offering agent banking and merchant payment infrastructure to banks, with broader geographic reach.
Broad incumbents
- Interswitch: Largest African payment processor with Quickteller, agent banking, and card issuing/acquiring across multiple countries. Operates broader portfolio than ABC but overlaps in agent banking infrastructure and card platform capabilities; also a current partner/integrator of ABC.
- Network International: Middle East and Africa payment processor providing merchant acquiring, card issuing, and processing infrastructure. Comparable in offering white-label card issuing/acquiring and payment processing for banks, though with broader regional focus.
Emerging players
- M-Kopa: Kenya-based fintech using an agent and pay-as-you-go distribution network to deliver financial services (credit, savings) to underbanked customers. Comparable in leveraging physical agent networks to scale financial inclusion, though focused on asset financing.
Regional players
- Pegasus Technologies: Ugandan fintech providing mobile money, agency banking, and payment processing solutions. Direct local competitor in the Ugandan market, with overlapping offerings for SACCOs, MDIs, and banks.
Market position
Customer concentration
Agent Banking Company social profiles
Digital presenceAgent Banking Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agent Banking Company leadership team
Management profileNumber of profiles
Agent Banking Company funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agent Banking Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agent Banking Company
What does Agent Banking Company do?
Agent Banking Company (ABC) provides a white-label, modular financial technology platform that enables banks, microfinance deposit-taking institutions (MDIs), microfinance institutions (MFIs), SACCOs, and fintechs in Uganda to roll out digital financial services under their own brands. The platform spans mobile banking, agent banking, merchant payments, online payments, card issuing/acquiring, and open APIs, delivered as a shared infrastructure so institutions do not need to build technology stacks from scratch.
Is Agent Banking Company a public or private company?
Agent Banking Company is a private company. It is classified as venture growth investor backed and is currently operating.
When was Agent Banking Company founded?
Agent Banking Company was founded in 2018. It employs 11 to 50 people.
Where is Agent Banking Company based?
Agent Banking Company is headquartered in Kampala, Uganda, in the Africa region.
How does Agent Banking Company make money?
Two revenue lines are on record. Platform Licensing/White-label is the primary driver. The others are transaction Processing.
Who are Agent Banking Company's main competitors?
Direct peers on record are TeamApt, Onafriq (formerly MFS Africa), Flutterwave, Moniepoint, Pesapal and Cellulant. Broad incumbents are Interswitch and Network International. M-Kopa is listed as an emerging player. Pegasus Technologies is listed as a regional player.
Does Agent Banking Company have an API?
Yes. ABC's Open APIs enable financial institutions, fintechs, and other partners to embed digital payment services into their platforms. The APIs support plug-and-play integration with simple, RESTful APIs. Prebuilt modules are available for fast go-live. Services accessible via API include digital onboarding (KYC with ID and mobile number verification), payments (bills, school fees, taxes, NSSF), merchant payments, credit services (loan origination, disbursement, collections), and remittances (to bank accounts, mobile money, or fintech platforms). Sandbox and developer support are available. Developer documentation is at Not specified.
What industry is Agent Banking Company in?
Agent Banking Company's product category is Banking-as-a-Service Platform. Its primary akta.pro industry code is FSAGALAA, BaaS Platforms & Sponsor Bank Enablement, with a secondary code of FSAGALAC, Embedded Card Issuing & Card-as-a-Service. Its NAICS code is 522320 and its SIC code is 6199.