FITSPA Holds the 9th Annual General Meeting (AGM)

On Friday, December 12, 2025, FITSPA convened its 9th Annual General Meeting (AGM) at the Protea Hotel, Kololo, a key gathering that brought together the members, Secretariat, and Board of Directors of Uganda’s fintech ecosystem. The AGM provided a critical platform to reflect on the year’s achievements, deliberate on governance matters, and reinforce the shared commitment to advancing Uganda’s fintech industry.

Advancing Governance and Transparency

The AGM featured presentations of reports from the Secretariat and auditors, the appointment of new Board Directors, and discussions on key organizational decisions. For the FITSPA community, the AGM is a vital forum to review annual performance, hold the Board accountable, and ensure transparency in financial reporting, all while strengthening trust, legal compliance, and the organization’s future direction.

FITSPA remains committed to Environmental, Social, and Governance (ESG) principles, with a focus on good governance, sustainability, and responsible industry growth. As the year closes, the organization looks forward to strengthening collaboration, driving innovation, and advancing financial inclusion across Uganda.

Leadership Highlights

In his remarks, Mr. Vincent Tumwijukye, Chairperson of the Board of Directors and CEO of FutureLink Technologies, expressed appreciation for all members who contributed to the growth of Uganda’s fintech ecosystem in 2025. He highlighted several milestones, including:

• The launch of the Industry Code of Conduct on Responsible Digital Lending, in partnership with the United Nations Capital Development Fund (UNCDF), aimed at strengthening customer protection and promoting responsible self-regulation.

• Ongoing initiatives to map tax policy constraints affecting fintechs, and reform dialogues with the Uganda Revenue Authority (URA) and the Ministry of Finance, Planning, and Economic Development.

• Strategic partnerships and events organized by the Secretariat that provided funding and investment opportunities for fintechs.

Mr. Tumwijukye reaffirmed FITSPA’s commitment to continued improvements, stronger advocacy, and sustained lobbying for a resilient and inclusive fintech ecosystem.

Recognizing Outstanding Members and Directors

The AGM also celebrated the dedication of FITSPA members and directors:

• Outstanding Members: Trade Lance Limited, Fintech-Group, Yo Uganda LTD, and 4G Capital received accolades for their exceptional commitment and collaboration.

• Outstanding Directors: Benoni Okwenje, Rashmi Pillai, and Kenneth Kwesiga were recognized for their leadership and service in advancing the fintech ecosystem.

• New Board Appointments: Michael Mukasa, CEO of Liquid Intelligent Technologies Uganda, and Herbert Olowo, Regional Head of Technology and Operations at Interswitch East Africa, were warmly welcomed to the Board.

These recognitions reflect FITSPA’s dedication to fostering active engagement, collaboration, and excellence across the fintech industry.

Celebrating Together

The AGM concluded with a lively networking and cocktail reception, where members celebrated the year’s achievements and connected with fellow fintech leaders. The atmosphere was one of collaboration, innovation, and forward-looking energy, setting the stage for an impactful 2026.

Looking Ahead

As we close 2025, we continue to focus on:

• Strengthening partnerships and collaboration within the fintech ecosystem

• Driving sustainable industry growth through good governance and ESG principles

• Advocating for policies and reforms that support fintech innovation and financial inclusion

The 9th AGM was not just a meeting, it was a celebration of progress, a platform for accountability, and a launchpad for a brighter, more inclusive fintech future in Uganda.