Algosys

Core banking and lending management software for SACCOs, microfinance institutions and lenders in Uganda and East Africa.

Updated Source: SLA Startup IndexHow we verify →

About Algosys

Algosys (Algosys Limited) is a Kampala, Uganda-based software company founded in 2024 by Innocent Bigega and Simon Tayebwa. It provides core banking and lending management software for SACCOs, microfinance institutions and lenders, covering loan origination, portfolio management, savings and deposits, financial and regulatory reporting, credit checks, and mobile/USSD access. At acquisition it reported serving 22 financial institutions in Uganda and facilitating more than 10,000 SACCO loans. Nigerian credit-infrastructure company CreditChek announced the acquisition of Algosys on 9 September 2026; Algosys operates as a CreditChek subsidiary.

Algosys founders & team

More FinTech startups in Uganda

  • Level Africa

    Level Africa is a digital investment platform that helps users access the best investment opportunities and information to grow their wealth. · Uganda

  • Beyonic

    Beyonic is a Ugandan mobile payment FinTech. · Uganda

  • Credify Africa

    Credify Africa empowers African SMEs with trade finance, payments, and logistics solutions. · Uganda

  • AkademikIT

    Digitizing Schools · Uganda

  • OneRamp

    OneRamp is leading crypto payment gateway enabling seamless stablecoin transactions to mobile money & bank accounts. · Uganda

  • MUDA

    Muda is a B2B fintech company providing cross-border payments and stablecoin liquidity solutions for enterprises. · Uganda

All 16 FinTech startups in Uganda

Frequently asked about Algosys

Where is Algosys based and when was it founded?
Algosys is headquartered in Kampala, Uganda and was founded in 2024.
Who founded Algosys?
Algosys was founded by Innocent Bigega (Founder) and Simon Tayebwa (Co-Founder).
What sector is Algosys in?
Algosys operates in FinTech, SaaS and Lending.