SmartMoney Uganda Limited

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SmartMoney Uganda Limited

SmartMoney is a mobile money company with experience developing mobile money solutions in Uganda and Tanzania.  It is based on three business pillars: (1) free-of-charge P2P payments and savings, (2) free-of-charge rural merchant payments, and (3) agricultural value chain bulk payments

Project summary

E-Village is a holistic mobile finance system for rural communities, which will be supported by research, marketing and training support for users.

Key innovations

This project pilots a cash lite approach for rural communities.  It will test the willingness of rural smallholders to move away from cash to digital financial services through integrated payments.

Project partners

  • Mountains of the Moon University
  • Uganda Ministry of Trade, Industry and Commerce


Mr. Michael Spencer

Mr. Michael Spencer, Chief Executive Officer

Development impact*

  • Drive rural financial inclusion for a million unbanked rural Ugandans
  • Comprehensively reduce transaction costs across rural economies
  • Enable agriculture companies to transition from cash to e-payments
  • Support the integration of smallholder farmers into commercial agricultural value chains.