# Xente Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xente-tech

- Industry: Financial Services
- Headquarters: Kampala, Uganda
- Website: www.xente.co
- Total disclosed funding: $0.1M
- Latest round: Seed (Oct 5, 2018)
- Investors on record: 1

## About

Founded in 2014 and based in Kampala, Uganda, Xente Limited, operates as a financial technology company that offers payment solutions and automates financial operations for companies. In March 2023, Xente Tech Limited raised venture funding from investor Renew Capital. As of 2023, the company has a client base that includes companies like Jumia, The Innovation Village, IJM, and many more.

The company offers various financial services and products that include virtual bank accounts, sending and receiving money, debit cards, physical visa cards, mobile money, paying bills, and many more. The company also provides expense management solutions that allow users to track payments from different devices, attach receipts, set budgets, set controls, and view real time reports to avoid overspending.

The company generates revenue by charging for various packs that vary as Basic, Pro, and Pro+.

The company plans to use the March 2023 funding to enhance its product offering.

## Funding rounds

- Seed, Oct 5, 2018, $0.1M — Samurai Incubate

## Investors

- Samurai Incubate (https://capitalatlas.ai/funds/samurai-incubate) — Seed