In a bid to drive digital financial transactions, Wendi, a mobile wallet developed by Pearl Bank has today launched a campaign code named “Wendi Ku Win, where customers will be rewarded in a weekly draw for making transactions above UGX. 10,000 via Wendi mobile wallet.
The campaign was rolled out today, at the Old Taxi Park in collaboration with the Uganda Taxi Operators Federation (UTOF).
Wendi is an innovative digital wallet designed by Pearl Bank aimed at extending financial services closer to every Ugandan, enabling them to securely save, send, and manage their money, all without needing a bank account or smartphone.
Its user-friendly features give one the control over their finances anytime and anywhere.
Commenting on the campaign, Andrew Kabeera, Executive Director at Pearl Bank noted that, Wendi Ku Win is not only targeting customers who conduct weekly transactions but also showcase the commitment of Wendi to developing innovative solutions that empower customers to take greater control of their financial future.
Kabeera said, “We believe that during this campaign, both existing and new customers will be able to interact with the Wendi platform as they make fuel payments, pay bills, make money transfers, save, conduct merchant payments, government collections, and Western Union services transfers, which is the right step of ushering more Ugandans into the digital money economy.”
According to the July 2025 Bank of Uganda (BoU) report, the number of active users on mobile banking increased by 16% from 2.17 million users in March 2024 to 2.5 million users in March 2025. The transaction volume increased by 8% from 27.7 million transactions in the year ending March 2024 to 29.9 million transactions in the year to March 2025. Similarly, the transaction values notably increased by 42.4% from UGX 9.9 trillion to UGX 14.2m trillion.
The BoU figures highlight the opportunity presented by platforms like Wendi to extend formal digital financial solutions in areas where there are no physical banking facilities which aligns the National Financial Literacy Strategy (NFLS) for 2023-2028, which aims to reduce poverty and promote economic growth through affordable and quality financial services.
Wendi Ku Win was launched today, and customers who make transactions over UGX. 10,000 stand a chance to win fuel vouchers worth, UGX. 30,000, UGX. 50,000 and UGX. 100,000, smartphones, household appliances like microwaves and blenders, plus cash rewards worth UGX.100,000.
One of the standout features of the Wendi is the savings proposition with a 12.5% interest per annum, providing customers with greater flexibility to select savings plans that align with their financial goals.
The wallet also hosts a SACCO Managements system where groups can digitally save and monitor their savings in real time.
“Wendi remains focused on delivering innovative solutions that help Ugandans achieve greater financial wellbeing and I encourage our customers and all those who are not on Wendi to either dial *229# via their feature phones or download the Wendi mobile wallet from Google Play or App store and start transacting and stand a chance of winning in the Wendi Ku Win Campaign.” Kabeera concluded.
Launched in November 2023, Wendi is an innovative mobile wallet designed by Pearl Bank to offer seamless financial services to underserved and last-mile customers. Through Wendi, users can access, manage, and transact funds efficiently.
Since its inception, Wendi has onboarded over 1 million subscribers and works with over 13,000 agents countrywide.
It is licensed by the National Payments System Act and can be accessed on both Google Play and App store or on USSD by dialing *229#.
In collaboration with the government of Uganda, Pearl Bank through Wendi, has supported the implementation of some of projects, payment of Parish Development Model (PDM) funds to beneficiaries, and disbursement of relief funds to Bududa landslide victims, among others.
