SafeBoda Officially Launches its Mobile Money Services to the Public

SafeBoda Officially Launches its Mobile Money Services to the Public

SafeBoda Mobile Money Launch Uganda’s biggest ride-hailing company SafeBoda officially launched its payment service in an event that was held at Lazio’s bar and restaurant in Kololo. The launch was attended by a wide range of Uganda’s tech, government and finance community with the chief guest being the head of the Bank of Uganda National Payments (NPS) Systems Mr Mackay Aomu. It should be remembered that the company acquired its NPS license from the Bank of Uganda at the beginning of the year.

Speaking at the event Mr Mackay commended the tremendous effort that SafeBoda has taken in their journey as a Ugandan tech start-up which first revolutionized the informal sector of boda bodas making sure that boda boda servicemen and women get digitized.

‘We were excited when we saw the SafeBoda app. It has been long overdue. As Bank of Uganda we hope to extend digitization to Agricultural and social services, this is the new industrial revolution and no one should be left behind.’ Mackay Aomu, the Director National Payments Systems at Bank of Uganda said.

SafeBoda as a company was launched over 7 years ago starting out with a mission to change the way people were consuming boda boda transport services. During that time there was hardly any company or boda boda service/group that was offering a helmet for the safety of their passengers. The entry of SafeBoda into the motorcycle taxi business brought a new horizon in the industry because for the first time people were able to see disciplined riders who would stop at the traffic lights and ride with care.

“Our ambition is to help Ugandans be able to receive better travel and payment services with safety, affordability and convenience as our key value propositions. Now on the SafeBoda app, a customer will be able to order affordable safe rides, pay their bills for so little, buy airtime and receive a cashback of 10% to mention but a few. Our mobile payments service is now open for all customers to use and enjoy the convenience and affordability that comes with it.” Said Ricky Rapa Thomson, Co-Founder and Director of Ops at SafeBoda

Towards the end of last year, SafeBoda was the company that received funding from Google’s $50 million Africa Investment Fund which was to help the company scale its activities in both Uganda and Lagos. Part of the objectives of the fund was to see the company launch […]

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