Airsave

Kampala, Uganda Founded: 2013 • Age: 13 yrs
Digital financial institution providing mobile savings and literacy programs.

About Airsave

Airsave is a company based in Kampala (Uganda) founded in 2013 by Henry Damulira. It operates as a B2C. Airsave offers products and services including WEZIMBE and Financial Literacy Training. Airsave operates in a competitive market with competitors including Finhazi, Four One Financial Services and Pamoja Wallet, among others.

  • Headquarter Kampala, Uganda
  • Founders Henry Damulira
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Airsave

Airsave offers a comprehensive portfolio of products and services, including WEZIMBE and Financial Literacy Training. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides mobile-based digital savings services for users in Uganda.

Offers programs on financial management and saving techniques in communities.

Funding Insights of Airsave

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Airsave

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Airsave

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Airsave Comparisons

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Competitors of Airsave

Airsave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Finhazi, Four One Financial Services and Pamoja Wallet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Savings & investment management platform
domain founded_year HQ Location
App-based platform for savings
domain founded_year HQ Location
Alternative savings accounts and money transfers are provided for individuals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Airsave

Frequently Asked Questions about Airsave

When was Airsave founded?

Airsave was founded in 2013.

Where is Airsave located?

Airsave is headquartered in Kampala, Uganda.

What does Airsave do?

Airsave is a digital financial institution registered in Uganda that provides mobile-based financial services, including a digital saving wallet called WEZIMBE accessible via Airtel mobile money. Users can dial a code for services, and the company conducts financial literacy training in communities and schools. It aims to help users save effectively by reducing cash temptations, serving mobile phone users across Uganda from its base in Kampala. The organization focuses on promoting savings for unbanked adults.

Who are the top competitors of Airsave?

Airsave's top competitors include Finhazi, Pamoja Wallet and Four One Financial Services.

What products or services does Airsave offer?

Airsave offers WEZIMBE and Financial Literacy Training.

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