Agent Banking Company

Banking-as-a-Service Platformagentbanking.co.ug

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

Agent banking platform
White-label fintech
Mobile banking infrastructure
Digital payments platform
Banking-as-a-service

Where Agent Banking Company is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers13 records

Segments5 records

Ideal customer profiles3 records

Agent Banking Company technology and API

Technology

Technology 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 signal

Partnerships

17 partnerships are on record, tiered core and flagship.

Absa Bank UgandacoreTechnology or IntegrationBanking partner using ABC's platform for agent banking and digital financial services delivery.
Centenary BankcoreTechnology or IntegrationBanking partner using ABC's platform for agent banking and digital financial services delivery.
Equity Bank UgandacoreTechnology or IntegrationBanking partner using ABC's platform for agent banking and digital financial services delivery.
Stanbic Bank UgandacoreTechnology or IntegrationBanking partner using ABC's platform for agent banking and digital financial services delivery.
DFCU BankcoreTechnology or IntegrationBanking partner using ABC's platform for agent banking and digital financial services delivery.
Bank of UgandaflagshipStrategic or Co-development PartnerRegulatory partner and central bank of Uganda providing oversight and regulatory framework for agent banking operations.
UNCDFcoreStrategic or Co-development PartnerDevelopment partner supporting financial inclusion initiatives through technical assistance and funding for agent banking expansion in Uganda.
GIZcoreStrategic or Co-development PartnerGerman development organization supporting financial inclusion projects in Uganda through partnership with ABC.
FSD UgandacoreStrategic or Co-development PartnerFinancial Sector Deepening Uganda - partner supporting financial inclusion through agent banking development.
Uganda Bankers AssociationcoreStrategic or Co-development PartnerIndustry association representing banks in Uganda, supporting standards and collaboration for agent banking.
Airtel MoneycoreTechnology or IntegrationMobile money partner integrated with ABC's platform for interoperable financial transactions.
MTN UgandacoreTechnology or IntegrationMobile money partner integrated with ABC's platform for interoperable financial transactions.
OnafriqcoreTechnology or IntegrationPan-African fintech partner enabling cross-border payments and financial services integration.
InterswitchcoreTechnology or IntegrationAfrican fintech partner providing payment technology infrastructure and integration services.
UGAFODE MicrofinancecoreTechnology or IntegrationMDI partner using ABC's platform for digital microfinance services.
Finca UgandacoreTechnology or IntegrationMDI partner using ABC's platform for digital microfinance services.
BRAC UgandacoreTechnology or IntegrationMDI partner using ABC's platform for digital microfinance services.

Scale indicators3 records

Agent Banking Company competitors and assessment

Company assessment

Direct 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 financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Agent Banking Company leadership team

Management profile

Number of profiles

Agent Banking Company funding detail

Funding detail

Funding 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 investment

M&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?

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.