KAMPALA, UGANDA - August 1, 2024 - Rexial has announced that XENO Investments, a goal-based investment platform, has joined the Rexial network. The partnership enables XENO clients to set up automated direct debit contributions to their investment accounts from their bank accounts.
Automating the Path to Financial Goals
XENO helps individuals, groups, and institutions plan and invest for future expenses—from education and weddings to business expansion and retirement. Through Rexial's network, XENO clients can now set up automated monthly contributions via direct debit, removing the friction of manual transfers and helping them stay consistent with their investment plans.
"We're excited to welcome XENO Investments to the Rexial network," said Arthur Nakkaka, Co-founder of Rexial. "XENO is making investing accessible to everyday Ugandans, and automated contributions are critical to that mission. Our infrastructure removes the friction that causes people to miss investment contributions, helping them build wealth more consistently."
Why Automation Matters for Investing
Consistent contributions are one of the strongest predictors of long-term investment success, yet manual transfers often lead to missed deposits—especially during busy months. Automated direct debits solve this by ensuring contributions happen on schedule, regardless of daily distractions. For XENO's clients—many of whom are building investment habits for the first time—this consistency can significantly impact their long-term wealth accumulation.
"Joining the Rexial network allows us to enhance the value we provide to our clients," said Esther Nakangu, VP Advisory at XENO Investments. "Automated contributions remove a major friction point in the investment journey. This partnership helps us fulfill our mission of making investing simple and accessible for all Ugandans."
Expanding Access to Wealth-Building Tools
This partnership reflects a broader trend in Uganda's fintech ecosystem: the convergence of investment platforms and payments infrastructure. By combining XENO's accessible investment products with Rexial's direct debit capabilities, both companies are working to make wealth-building tools available to a wider segment of Ugandans—not just high-net-worth individuals.
About Rexial
Rexial builds the infrastructure that powers recurring payments across Africa, enabling banks, mobile money operators, and businesses to automate direct debits securely and reliably.
About XENO Investments
XENO Investments is a goal-based investment platform helping Ugandans plan, save, and invest for future expenses. Through its digital platform, XENO makes investing accessible to individuals, groups, and institutions across Uganda.
Media Contact
Rexial
press.uganda@rexial.com
+256 772 842 100
XENO Investments
David Ogutu
press@myxeno.com
For more information about REXIAL and XENO Investments' partnership, visit www.rexial.com and <www.myxeno.com>