Equity Bank Uganda Collaborates with SafeBoda to Celebrate 10th Anniversary

Equity Bank Uganda has announced its partnership with SafeBoda, a leading ride-hailing and on-demand services platform, marking a significant step towards expanding digital financial services in the country.

This collaboration coincides with SafeBoda’s commemoration of 10 years of service in Uganda.

The partnership is highlighted by Equity Bank’s proud sponsorship of SafeBoda’s 10th-annanniversary celebration, as confirmed through recent social media posts.

A key feature of this collaboration is the integration of direct bank transfers within the SafeBoda application. The updated SafeBoda app now facilitates seamless money transfers from SafeBoda wallets to bank accounts, including Equity Bank accounts.

While the immediate focus is on this direct transfer capability and the anniversary sponsorship, the partnership aligns with Equity Bank Uganda’s overarching mission of driving social and economic transformation through innovative digital financial services.

This strategic alliance suggests a broader collaboration aimed at expanding financial service access and convenience for users of both platforms.

Furthermore, this move by Equity Bank is consistent with its stated strategy of seeking agents and merchants to expand its reach across Uganda, demonstrating a clear willingness to collaborate with entities like SafeBoda to further its digital banking and financial inclusion goals.