FundedIQ
Financial Services

Uganda Development Bank: Funding, Investors & Team (Sep 2026)

Uganda Development Bank Limited (UDBL) is a public enterprise wholly owned by the Government of Uganda and carrying on business as a Development Finance Institution (DFI).

www.udbl.co.ug LinkedIn Kampala, Uganda 101-250 employees
Total raised
$30.0M
Rounds
1
Latest
Undisclosed round
Oct 2025

Uganda Development Bank has raised $30.0M across 1 funding round on record, the most recent an undisclosed round of $30.0M announced in Oct 2025.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Uganda Development Bank Company Profile and Key Stats

Total funding raised
$30.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$30.0M in Oct 2025
Employees
101-250
reported band
Headquarters
Kampala, Uganda

Latest funding round on record: Oct 2025.

Uganda Development Bank Funding Rounds

Date
Round
Amount
Undisclosed round
$30.0M

Uganda Development Bank Founders and Leadership Team

Name
Role
Contact
Patricia Adongo Ojangole
Founder
Locked

Contact details for the Uganda Development Bank team: 1 of 1 has an email address on file.

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Uganda Development Bank Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
19
$1.3M

Uganda Development Bank's latest round of $30.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Uganda Development Bank in Financial Services and Kampala

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Uganda Development Bank Funding FAQs

What does Uganda Development Bank do?

Uganda Development Bank Limited (UDBL) is a public enterprise wholly owned by the Government of Uganda and carrying on business as a Development Finance Institution (DFI).

How much funding has Uganda Development Bank raised?

Uganda Development Bank has raised $30.0M across 1 round on record. The most recent is an undisclosed round of $30.0M announced in Oct 2025.

When did Uganda Development Bank last raise funding?

Uganda Development Bank's most recent funding round on record is an undisclosed round of $30.0M, announced in Oct 2025.

Who founded Uganda Development Bank?

FundedIQ lists Patricia Adongo Ojangole (Founder) at Uganda Development Bank.

Where is Uganda Development Bank headquartered?

Uganda Development Bank is based in Kampala, Kampala, Uganda.

How many employees does Uganda Development Bank have?

Uganda Development Bank is in the 101-250 employee band.

How does Uganda Development Bank's funding compare to other Financial Services startups?

Uganda Development Bank's latest round of $30.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Uganda Development Bank Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Uganda Development Bank is left off this page rather than filled in.

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