Platinum Credit Uganda, a subsidiary of The Platcorp Group and a microfinance lender serving over 100,000 clients, has secured $4m in investment from Symbiotics, a Swiss asset manager, to expand financing for low-income households and micro, small, and medium enterprises (MSMEs) across Uganda.
The $4m investment was provided over a term of 24 months and disbursed on 22 December 2025. Following the disbursement, Platinum Credit Uganda launched a phased offering of enhanced loan products. New loan applications under the expanded MSME and Household programmes are now open at all Platinum Credit Uganda branches and digital channels.
MSMEs account for over 90% of private sector firms in Uganda, yet they and low-income households continue to face significant barriers to accessing traditional finance. The new capital will allow Platinum Credit Uganda to offer flexible loan products tailored to the needs of MSMEs, as well as support low and middle-income households in managing essential expenses including education, health, and housing.
Platinum Credit Uganda currently serves over 100,000 clients, with 55% based in rural areas, 28% being youth clients, and 23% female clients. Additionally, 47% of the lender’s MSME clients are women. These figures reflect the company’s focus on reaching underserved and marginalised communities.
Symbiotics regional director of Sub-Saharan Africa Duncan Frayne said, “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.”
Platcorp CEO Brett Sievwright said, “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.”
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