We are building infrastructure to empower merchants, banks, and consumers with the tools to automate recurring payments without friction.
Recurring payments still rely on paper direct debit mandates, so 95% of subscriptions and services are paid as one-offs—slowing collections and holding businesses back from growing faster.
Source: 2025 State of the Industry Report on Mobile Money - GSMA
Our infrastructure makes it faster, more secure, and affordable for businesses and customers to handle recurring payments at scale.
Our proprietary Account-to-Account direct debit network connects banks, mobile money providers, and businesses—delivering real-time visibility, fewer failures, and payment experiences customers trust.
Rexial has spent 6 years building an account-to-account direct debit network—transforming how merchants collect recurring payments.
Founders Aeko Ongodia and Arthur Nakkaka experienced the pain of recurring payment collection firsthand while building XENO Investment, a retail-focused fund manager based in Kenya and Uganda. Traditional methods—cash, manual transfers, paper forms—cost them time, money, and customer trust. They refused to accept the status quo and set out to build the infrastructure Africa's subscription economy needed.
In early 2020, Rexial developed a working prototype of Africa's first account-to-account direct debit network. The Bank of Uganda accepted the innovation into their regulatory sandbox, and Rexial partnered with Stanbic Bank and XENO Investment to pilot electronic direct debit at scale.
The pilot with Stanbic Bank delivered results: XENO unlocked an entirely new recurring deposit stream while slashing reconciliation time. Global recognition followed—Rexial became the first payments fintech from Uganda accepted into Techstars Washington DC.
Rexial graduated from the Bank of Uganda sandbox and received a Payment System Operator license. Today, we're scaling direct debit infrastructure across Uganda and beyond, empowering merchants, banks, and consumers to automate the payments that power everyday life.
We're building the infrastructure that powers Africa's everyday economy alongside regulators, banks, mobile network operators, and investors. Together, we're automating how money moves across the continent.
Rexial is licensed as a Payment System Operator by the Bank of Uganda.
