// STARTUP AUTOPSIES · COUNTRY

Startup Failures in Uganda

8 startup autopsies from Uganda. Each includes the exact cause of failure, verified financial data, and the documented failure pattern.

8 autopsies · newest deaths first

Asaak

fintechUganda2023

Uganda's boda-boda lender fled to the Philippines when fuel costs tanked rider incomes.

Market Exit

KangaCash

fintechUganda2023

Uganda capped digital lending rates at 6% — KangaCash was charging 20% and had no path to compliance.

Regulatory Kill

Beyonic

fintechUganda2021

Mobile money API pioneer acqui-hired away as telecoms commoditized its core infrastructure.

Acqui-hire

CashPot Uganda

fintechUganda2020

Serving boda-boda drivers was noble — ignoring AML compliance was fatal.

Regulatory Kill

Numida Uganda Retrenchment

fintechUganda

Ugandan micro-business credit platform found collections impossible as economy contracted

Slow Death

Tugende

fintechUganda

Uganda motorcycle-taxi asset financing startup backed by IFC that raised $18M to help boda-boda drivers own their bikes through lease-to-own before defaults and COVID destroyed the model.

Slow Death

SafeBoda

mobilityUganda

Uber for boda-boda motorcycle taxis in Kampala that exited Uganda under pressure from Bolt.

Slow Death

UgandaFin

fintechUganda

Uganda's SME lender built on telco rails that the telcos eventually needed for themselves

Market Exit

// IS YOUR STARTUP HERE?

If your startup is already in the dataset, use the "Claim this autopsy" link at the bottom of its page to add first-hand context. If it's not, submit it.

SUBMIT YOURS →

Startup Failures in Uganda

// BY SECTOR

// BY CAUSE