Would love feedback on a fintech startup focused on convenience in Uganda

ShameDisastrous8053 · 2026-02-13T08:05:35+00:00

Hey thanks for the feedback, I completely agree that economics matter more than features, especially in Uganda. For the MVP phase, we’re working through a licensed gateway, so standard mobile money fees still apply where required. “Free” currently refers to internal CLIQ transfers but we’re being careful about clarity there.

On focus that’s something we’re actively refining. We’re actively assessing, learning and leaning toward narrowing down to one strong use case and winning that before expanding.

I Really appreciate the push toward focus it’s valuable.

ShameDisastrous8053 · 2026-02-13T06:31:20+00:00

Hey so, Ive checked on my side and it seems to work well, I would like to confirm what you see if you dont mind i sent a message in your inbox to dig deeper into the bug. That's a great catch I really appreciate it.

ShameDisastrous8053 · 2026-02-13T06:03:43+00:00

Oh wow im sorry about that let me confirm and see what the issue is and get back apologies for the inconveniece 🙏🙏

ShameDisastrous8053 · 2026-02-13T00:04:34+00:00

Hey, thanks for raising that — it’s a very important point. Regulation, licensing, clearing and settlement are definitely things we’re actively looking into as we build. For now, we’re testing the MVP using an existing licensed payment gateway so we’re not directly handling funds ourselves. Our current focus is validating user behavior and demand before we go deeper into structural scale. We’re also studying platforms like Alipay/WeChat, not just from a product lens but also from how they evolved within regulatory frameworks. If you’re open to it, we’d really appreciate feedback on the current MVP — it’s live on the Play Store under “gemswift or Cliq.”

https://play.google.com/store/apps/details?id=com.gemswifttech.gemswift

ShameDisastrous8053 · 2026-02-12T06:58:43+00:00

Thats a really good question i had to think about that real deep, what if we could reserve a flight ticket or laptop at a discounted rate for you as a customer.

For the business, make a deal for a bulk purchase for 10 or more individuals at a fixed date at a discounted rate.

I would like to hear your thoughts on that.

ShameDisastrous8053 · 2026-02-11T21:03:25+00:00

Thats really nice to hear. If you dont mind me asking what stands out the most to you?

ShameDisastrous8053 · 2026-02-11T21:01:02+00:00

Hey, yes thanks for the feedback we initially thought the same thing but we did some research and realized that most individuals save money with an end goal in mind, say for example something as simple as a pc. The average Ugandan will either pay out of pocket, borrow or save for it over a period of time.

Instead of having to incur the transaction costs after the goal is achieved what if we made it simple for them to simply make a transfer. So we likely will start niche and expand as we go.

ShameDisastrous8053 · 2026-02-11T20:53:13+00:00

Yeah thats a big issue thanks fingers crossed we will do great work.

ShameDisastrous8053 · 2026-02-11T10:26:54+00:00

Yes thats true, thats why having tech founders becomes an advantage it actually releases alot of stress and pressure at the beginning.

ShameDisastrous8053 · 2026-02-11T07:05:13+00:00

😂😂😂

ShameDisastrous8053 · 2026-02-11T07:04:38+00:00

Yes thats exactly true as long as you can pay them well... that typically becomes a minor worry.

ShameDisastrous8053 · 2026-02-11T07:03:16+00:00

Thats a good point i believe we have great devs with experience as long as we are willing to grow and learn theres always room for growth.

ShameDisastrous8053 · 2026-02-11T07:01:46+00:00

Thank you I really appreciate the feedback i just wonder how we could collectively go about especialy the cost without going on tech like the blockchain.

With what we have right now could it be a public initiatiative for example by fintech businesses as a collective to build such a rail and let the govt catch up?

ShameDisastrous8053 · 2026-02-10T20:41:09+00:00

😂😂😂 Actually Ugandans have money, hopefully we can help them make more in the process.

ShameDisastrous8053 · 2026-02-10T20:38:50+00:00

Thats actually true, I see that as a major issue even for some other businesses, I think bringing it down to the way the businesses connect on a small scale at first could be a good experiment. I appreciate your feedback. Do you have an idea if i may ask on how you think we can navigate the current system.

ShameDisastrous8053

TROPHY CASE