Uganda/Switzerland, 26th February 2026: Platinum Credit Uganda, a subsidiary of The Platcorp Group, has secured $4 million in investment from Swiss asset manager Symbiotics to expand their financing for low-income households and micro, small, and medium enterprises (MSMEs) across Uganda.

MSMEs are the backbone of Uganda’s economy, accounting for over 90% of private sector firms. However, MSMEs and low-income households face a considerable financing gap and are regularly blocked from accessing critical investment due to historic financial barriers. This injection of funding allows Platinum Credit Uganda to expand its vital work providing flexible loan products tailored to the unique needs of MSMEs and increasing the financial stability of low and middle-income households.

This material commitment to financial inclusion aligns with Platcorp’s and Symbiotics’ goals to drive sustainable, meaningful change through finance. Increasing financial inclusion among Ugandan MSMEs allows them to access the working capital they need to hire, innovate, and expand operations, stimulating the country’s economy and unlocking huge growth potential. The loan also expands Platinum Credit Uganda’s capacity to serve low and middle-income households with the new capital, directly enhancing community resilience and enabling families to better manage essential expenses such as education, health, and housing.

The $4 million investment, provided over a term of 24 months, was disbursed for deployment on December 22, 2025. Subsequently, Platinum Credit Uganda launched its phased offering of enhanced loan products. New loan applications under the expanded MSME and Household programmes are open, effective immediately, at all Platinum Credit Uganda branches and digital channels.

This announcement is just the latest in a long line of wins for the microfinance lender.  Platinum Credit Uganda serves over 100,000 clients, with more than half (55%) coming from rural areas, more than a quarter (28%) being youth clients and 23% female clients. Additionally, just under half (47%) of the lender’s MSME clients were women. These metrics represent the commitment of Platinum  Credit Uganda and Platcorp to real financial inclusion and serving marginalised groups and communities.

Duncan Frayne, Regional Director of Sub-Saharan Africa at Symbiotics says “Symbiotics is delighted to partner with Platinum Credit Uganda through the arrangement of a USD 4 million investment, supporting the growth of their MSME portfolio and reinforcing PCU’s commitment to driving inclusive and sustainable development across Uganda.”

Brett Sievwright, CEO at Platcorp says, “This multi-million investment from Symbiotics will be instrumental in helping Platinum Credit Uganda expand vital financial access to underserved groups in Uganda. Our partnership with Symbiotics will fuel their work - and the work of Platcorp as a whole - in creating meaningful, sustainable change and driving impact financing across Africa.”

Albert Abaasa, MD of Platinum Credit Uganda says, “Symbiotics’ investment will have a transformative effect on our work and directly translate to community benefits, business growth, and improved financial inclusion. Through our partnership, Symbiotics is using finance as a force for good. Uganda has a wealth of talent and micro-entrepreneurs, but for too long, they have been shut out of traditional finance. Microfinance provides an exciting opportunity to drive growth in communities and see success ripple over the wider economy.”

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About Platcorp Group:

Platcorp Group is a leading sustainable impact finance institution dedicated to advancing financial inclusion and economic empowerment for individuals and micro, small, and medium-sized enterprises (MSMEs) across Africa. Since 2003, Platcorp has disbursed over USD 7.14 billion in loans to 2.82 million clients. Today, the Group supports over 372,000 active clients, including 107,300 MSMEs, with a strategic focus on underserved borrowers. Utilising innovative fintech solutions, Platcorp creates long-term value and remains a vital driver of entrepreneurship and job creation within underserved markets.

About Platinum Credit Uganda:

Platinum Credit (U) Ltd is a leading credit-only microfinance institution, dedicated to providing accessible and flexible credit solutions to individuals and small businesses across Uganda. Founded in 2009 and a subsidiary of Platcorp Holdings Limited, the company has established itself as a market leader in providing innovative microfinance services for underserved communities across East Africa. Regulated by the Uganda Microfinance Regulatory Authority (UMRA), Platinum Credit operates over 60 branches nationwide, serving more than 100,000 active customers.

About Symbiotics:

Symbiotics is the leading market access platform for impact investing, dedicated to private markets in emerging and frontier economies. The group offers investment, asset management and capacity building services. Since 2005, we have originated over 9,000 investments representing more than USD 11.6 billion for 652 companies in 99 countries. We manage an aggregate portfolio of USD 2.5 billion spread across 19 funds and mandates. Our portfolio companies have also benefited from over 170 technical assistance projects worth more than USD 19 million.