Partnership Between Pegasus and Furaha to Ease Access to School Fee Financing

September 7, 2025

Pegasus Technologies Limited has partnered with Furaha Finserve Uganda Limited to make tuition lending more accessible and ensure that learners can continue their education without interruption. The partnership leverages Pegasus’ PegPay platform, enabling parents to access school-fees loans from Furaha which are paid directly to schools.

Making Education More Accessible

Through this collaboration, parents and guardians will be able to acquire short-term tuition loans with a repayment period of three months. By reducing the financial barriers that often interrupt children’s education, the initiative is designed to empower families while ensuring schools receive timely payments.

According to a report by Nile Post, the partnership will not only support tuition financing but also enhance financial literacy among parents and students—helping them understand how to manage and repay loans responsibly.

Voices from the Partnership

Yustus Aribariho, Co-Founder of Furaha, underscored the significance of the collaboration:

“The biggest challenge to accessing quality education in Uganda is lack of access to finances. This partnership helps close that gap.”

Dennis Musinguzi, CEO of Furaha, emphasized the broader vision:

“With Pegasus Technologies Limited, we are not just building Africa’s premier purpose-driven financial platform, we are rewriting the story of education access. Our collaboration of cutting-edge solutions and grassroots commitment ensures that school fees no longer stand in the way of dreams but instead drive hope and generational progress.”

Ronald Azairwe, Managing Director of Pegasus Technologies Uganda Limited, highlighted the importance of this step:

“This partnership represents a significant step forward in our mission to make quality education accessible to all.”

Azairwe further noted that PegPay’s design—providing instant, inclusive, and secure services—makes it the right tool to support this mission.

Driving Hope and Progress

By combining innovative financial technology with social impact, Pegasus and Furaha are reshaping how Ugandan families handle tuition obligations. The partnership demonstrates the role of fintech in promoting education, financial inclusion, and generational progress across the region.

Source: Kenneth Kazibwe, Nile Post, February 7, 2025

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