“Can a Uganda-based payment aggregator become the dominant neutral payment infrastructure layer for East African financial institutions, telecoms, and enterprises?”
Founded in 2007 as a financial and billing solutions provider in Uganda, Pegasus Technologies evolved from bespoke software for banks and utilities into a multi-service payment infrastructure company. Its flagship PegPay platform now aggregates mobile money, card payments, USSD, and bulk disbursements, processing over UGX 1.3 trillion annually. Formalized as a licensed Payment Service Operator by the Bank of Uganda in 2021, Pegasus has positioned itself as the central payment rails layer for Ugandan financial institutions, government agencies, NGOs, and over 2,000 schools.
Pegasus Technologies processes payments through PegPay (self-operated).
Pegasus Technologies is founded in 2007 and headquartered in Kampala, Uganda.
Get a read on where your own stack stands against Pegasus Technologies and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.