Skip to main content

Ugandan fintech HiPipo ranked among the world’s Top 20 companies escalating innovation


HiPipo, a leading Ugandan fintech firm, has been listed among the world’s top 20 companies escalating innovation in the digital financial services market by the Global Business Leaders Magazine.

Reports say Hipipo was the only African company to make the American Magazine’s list, and the firm was recognised for championing digital innovation and financial inclusion across Africa under its Include Everyone program.

With a keen interest in women empowerment, HiPipo’s events help reduce the barriers perpetuating the gender gap by providing women with technical and business skills in digital financial services. It enables sustainable and inclusive growth and drives financial inclusion by advocating for reducing widespread interoperability issues leading to the exclusion of poor and vulnerable groups in the financial system,” the Magazine said.

Innocent Kawooya, HiPipo CEO

Commenting on the news, HiPipo CEO, Innocent Kawooya noted that the recognition is a testament to HiPipo’s 18-year journey of championing inclusion for everyone.

“It is always refreshing to see our work appreciated by reputable organisations such as the Global Business Leaders Magazine. These are indeed fruits of a dedicated team determined to change people’s lives, especially those found at the bottom of the pyramid,” Kawooya said.

Founded in 2005, HiPipo spearheads financial inclusion advocacy in Africa under the Include Everyone Program. The company is known for organising all-inclusive initiatives such as; 40 Days 40 FinTechs, the FinTech Landscape Exhibition, Women In FinTech Hackathon, Women In FinTech Summit, HiPipo Music Awards, Digital Impact Awards Africa and the Digital and Financial Inclusion Summit with generous support from the Gates Foundation and other partners.

Other companies that made the Global Business Leaders Magazine’s list include Naborforce, Helpware, Proximity Space, Gulf Data Hub, SMT Energy, and Motus Inc., among others.

The rankings were based on companies at the forefront of digital innovations across the world, with special emphasis on inclusion.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of