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Vaulit

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Wallet-enabled remittance solution offering prepaid cards and budgeting app.

Overview

Vaulit operates as a wallet-enabled remittance solution in Uganda, offering a prepaid card and a mobile application designed to facilitate financial transactions. The Vaulit card can be topped up through various methods, and the app includes features such as budgeting, utility payments, and transaction savings. The company targets individuals looking for a financial solution for both online and offline shopping. Vaulit collaborates with partners including Visa, Stanbic Bank, MTN Mobile Money, and Airtel Money to enhance its service offerings. The company addresses the challenge of wallet top-ups and aims to provide secure transactions, positioning itself as a financial management tool for its users.

Key facts

Founded
2020
Headquarters
Kampala, Uganda
Sector
Payments

Business model

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About Vaulit

What does Vaulit do?

Vaulit operates as a wallet-enabled remittance solution in Uganda, offering a prepaid card and a mobile application designed to facilitate financial transactions.

Where is Vaulit headquartered?

Vaulit is headquartered in Kampala, Uganda.

When was Vaulit founded?

Vaulit was founded in 2020.

Which sector is Vaulit in?

Vaulit operates in Payments, part of Financial Technology.

Who are Vaulit's competitors?

Companies similar to Vaulit include DiDi, UfitPay, and Abela.