UBA RDC

What UBA RDC does

UBA RDC provides banking services to individuals, businesses, and public institutions as part of United Bank for Africa Group. The bank offers current and savings accounts, loans and payments, FX Mart foreign exchange services, and trade and treasury products such as bank acceptances, treasury bills, bonds, money market deposits, and commercial papers. UBA RDC delivers card services including debit, prepaid, cobranded, and MOSOLO local currency cards, as well as UBA Money agency banking for cash deposits, withdrawals, and salary payments. The bank also provides digital channels such as internet banking, USSD, and mobile applications, plus a 24/7 customer help center and ATM and branch network support across its service area.

Name

UBA RDC

Legal name

United Bank for Africa RDC SA

Website

https://ubardc.com

Company type

Private

Founded year

2011

Operating status

Operating

Short description

UBA RDC offers retail, corporate, digital banking, cards, FX, and trade finance services as a subsidiary of United Bank for Africa Group.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

akta.pro secondary industry

Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)

Keywords

• Retail banking services
• Corporate banking solutions
• Digital banking platform
• Cross-border money transfers
• SME financing products

Headquarters

HQ city

Kinshasa

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Revenue from lending activities including personal loans, commercial loans, vehicle financing, and working capital loans with interest rates such as 1.16% per month for vehicle loans
2. Transaction Fees: Fees from money transfers including Africash, MoneyGram, UBA Connect cross-border services, and domestic transfers
3. Account and Card Services: Revenue from savings accounts, current accounts, debit cards, prepaid cards, and cobranded cards (Visa)
4. Trade and Treasury Services: Foreign exchange services through FX Mart, Bureau de Change, treasury bills, bonds, commercial papers, and bankers acceptances
5. Corporate Banking Services: Cash management, POS terminals, U-Collect education portal, branch collection services, and merchant services for businesses

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels5 records

Core offering

UBA RDC is a commercial bank incorporated in the Democratic Republic of Congo that provides retail banking (savings and current accounts, personal and vehicle loans, debit, prepaid and co-branded cards), corporate and SME banking (working capital, asset financing, trade finance, treasury products, cash management, POS, merchant services, U-Collect education portal), digital banking channels (LEO AI chatbot, mobile app, internet banking, UBA Secure Pass, instant bill pay, magic banking), money transfer services (Africash, MoneyGram, UBA Connect), FX bureau (FX Mart), and proximity banking (UBA Money).

Differentiator

Problem solved

Functional benefit

Brands

• LEO: Virtual banker chatbot powered by artificial intelligence, capable of processing cross-border payment transactions and various banking services including money transfers, airtime purchases, and balance inquiries.
• UBA Secure Pass
• U-Collect
• Africash
• UBA Connect
• UBA Remit
• UBA Mobile
• UBA Money
• U-Care Compte Epargne
• UBA Ado Compte Epargne
• UBA NextGen
• Carte MOSOLO
• FX Mart

Products and services

• Personal Savings Accounts (U-Care Compte Epargne) Adult savings account product offered by UBA RDC for individual retail customers.
• UBA Ado Compte Epargne Adolescent savings account product designed for teenage retail customers.
• UBA NextGen Compte Epargne Next-generation savings account product for young retail customers.
• Compte Epargne Adulte Adult savings account product for individual retail customers.
• Compte Courant (Current Account) Current/checking account product for individual retail customers.
• Debit Cards (Cartes de débit) Visa debit card product for retail customers to make payments and withdraw cash.
• Prepaid Cards (Cartes Prépayées) Prepaid Visa card product, including Carte MOSOLO, allowing customers to load funds and make payments.
• Co-branded Cards (Cartes Cobrandées) Visa co-branded personalized card products issued in partnership with other brands for retail customers.
• LEO Virtual Banker AI-powered virtual banking chatbot enabling cross-border payments, money transfers, airtime purchases and account balance inquiries 24/7.
• UBA Mobile Banking App Mobile banking application for checking balances, paying bills, opening accounts, deposits, loans, and customer support via chat.
• Internet Banking Online banking platform for retail and corporate customers to manage accounts and transactions.
• Instant Bills Pay Bill payment service allowing customers to pay utility and other bills instantly through digital banking channels.
• Personal Loans (Prêts Personnels) Personal lending product for individual retail customers for personal financing needs.
• Commercial Loans (Prêts Commerciaux) Commercial lending product for businesses, including working capital loans and asset financing up to $150,000 for SMEs.
• Vehicle Loans Vehicle financing product up to $50,000 at 1.16% monthly interest with up to 60 monthly installments, in partnership with DAON Motors and Congo Motors.
• Africash Money Transfer Money messaging and financial transfer service for sending money domestically and internationally across Africa.
• MoneyGram International Money Transfer International money transfer service operated through a sub-agent network including Heraly Corporation, Massa Shop, and Eliam Business.
• UBA Money Proximity Banking Proximity banking service bringing banking services to local communities through agents.
• FX Mart (Foreign Exchange Bureau) Foreign exchange bureau service for currency exchange and FX transactions.
• U-Collect Education Portal Collection service for educational institutions and businesses enabling tuition and fee collection through bank channels.
• POS Terminals (TPE) and Branch Collection Point of Sale terminals and branch collection service enabling merchants and businesses to accept card payments and deposit collections.
• Trade and Treasury Products Treasury and trade finance products for corporate clients including FX spots, bonds, treasury bills, money market deposits, commercial papers, and bankers acceptance.
• Merchant Services Merchant banking services for businesses including acceptance, settlement, and merchant payment solutions.

Quantifiable outcome

• 369 entrepreneurs supported in DRC with $5,000 non-reimbursable seed capital through Tony Elumelu Foundation
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered minor, core and flagship.

• Université Méthodiste John WesleyminorStrategic or Co-development Partner · 28 August 2025Environmental training partnership - certified Environmental and Social Impact Assessment (EIES) training for 50 participants sponsored by Ecogénie and UBA RDC.
• TRANSFORMEminorStrategic or Co-development Partner · 18 August 2024Partnership to strengthen SME access to financing in DRC through environmental and social impact training programs.
• African Guarantee Fund (AGF)coreStrategic or Co-development Partner · 12 March 2024$100 million financing commitment for SMEs across Africa through risk-sharing and guarantee mechanisms to improve SME access to finance.
• Ministry of Health RDC and ANICNScoreStrategic or Co-development Partner · 1 March 2024Partnership with Ministry of Health Public and National Agency for Clinical Engineering and Digital Health (ANICNS) to launch first National Health Insurance Card (CNAM) in partnership with VISA.
• Saudi Export-Import Bank (Saudi EXIM)coreStrategic or Co-development Partner · 9 November 2023Partnership to boost trade relations between Africa and Middle East through export of goods and services, co-financing opportunities, and exchange of expertise in export credit policies. Signed in Riyadh during Saudi-African summits.
• Tony Elumelu Foundation, UNICEF Generation Unlimited, IKEA FoundationflagshipStrategic or Co-development Partner · 19 September 2023BeGreen Africa program - Green entrepreneurship initiative to train 1,600+ youth in green entrepreneurship, provide $1M+ in startup funding to 225 entrepreneurs, and create 8,000 jobs. Targets climate change, biodiversity loss, and resource scarcity challenges.
• AfCFTA/ZLECAF (African Continental Free Trade Area)coreStrategic or Co-development Partner · 20 June 2023$6 billion partnership to support SME development across Africa through financing and technical solutions in four key sectors: agro-processing, automotive, pharmaceuticals, and transport/logistics. Signed at Afreximbank's 30th Annual Meeting in Accra, Ghana.
• Meta BoostcoreImplementation/ SI/ Consulting Partner · 29 May 2023Digital marketing training partnership providing certified Meta Boost trainers to educate SME clients on Facebook, Instagram, and WhatsApp Business for improved online sales and brand presence.
• VISAcoreChannel Partner/ Reseller/ Distributor · 27 April 2023Long-standing partnership for card services, financial education, and financial inclusion initiatives including MARVEL financial literacy comics distribution to youth.
• MoneyGramcoreChannel Partner/ Reseller/ Distributor · 17 February 2023International money transfer services through sub-agent network including top performers like Heraly Corporation, Massa Shop, and Eliam Business.
• DAON Motors and Congo MotorsminorChannel Partner/ Reseller/ Distributor · 1 October 2021Vehicle financing partnership offering new car loans up to $50,000 at 1.16% monthly interest with terms up to 60 months for employees with CDI contracts.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Rawbank: Rawbank is the largest commercial bank in the Democratic Republic of Congo, offering retail, corporate, and digital banking across multiple DRC cities. It is the most direct competitor to UBA RDC in the local market and is also a notable prior employer of UBA RDC's new Director General.
• Ecobank: Ecobank is a pan-African banking group with a presence in DRC and many of the same West/Central African markets as UBA Group. Like UBA RDC, it serves retail, corporate, and SME clients with cross-border payment capabilities across the continent.
• Banque Commerciale du Congo (BCDC): BCDC is one of the oldest commercial banks in the DRC, providing retail, corporate, and trade finance services in Kinshasa and other major cities. It competes with UBA RDC for corporate banking, FX, and government-related business in DRC.
• Equity Bank: Equity Bank is a leading African bank with growing DRC operations focused on financial inclusion, SME lending, and digital banking. It competes with UBA RDC in retail deposits, micro/SME credit, and mobile-based account services in DRC.
• Orabank: Orabank is a West/Central African banking group with presence in DRC offering retail, corporate, and SME banking. It competes with UBA RDC across Francophone African markets and offers comparable cross-border and trade services.

Broad incumbents

• Standard Bank: Standard Bank is Africa's largest banking group by assets with pan-African and DRC corporate banking operations. It overlaps with UBA RDC in corporate, FX, and trade finance, especially for mining and large-enterprise clients in the DRC copper belt.
• Citibank Congo: Citibank Congo provides corporate, transaction banking, and FX services to multinational and large local corporates in DRC. It is comparable to UBA RDC's corporate banking franchise and is a former employer of UBA RDC's new Director General.
• Standard Chartered Bank: Standard Chartered operates in several African markets with a strong emerging-markets transaction banking franchise. It is comparable to UBA RDC in corporate banking, FX, trade finance, and serving mining/multinational clients.
• Access Bank: Access Bank is a large Nigerian banking group with pan-African expansion, including presence in several African markets. It is comparable to UBA RDC's parent UBA Plc in retail banking, digital channels, and SME financing strategies across Africa.

Regional players

• Afriland First Bank: Afriland First Bank is a Cameroonian-headquartered banking group with subsidiaries across Central and West Africa including DRC. It is comparable to UBA RDC as a regional player serving Francophone African SMEs, corporates, and remittance corridors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ubardc
• YouTubeyoutube.com/@ubardc8060
• Facebookfacebook.com/UBARDC
• LinkedInlinkedin.com/company/ubardc
• Instagraminstagram.com/ubadrc

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UBA RDC