Uganda’s Transify Launches Financial Governance Software for SMEs and NGOs

Ugandan startup Transify has launched a financial governance platform aimed at small businesses, NGOs and schools that need better control over how they spend and account for money.

Founded by Jay Egonda, the software connects financial transactions to the approvals, budgets, policies and supporting documents behind them. The platform is now publicly available, with a free Basic plan and two paid subscription options.

Transify was conceived in February 2026 to address a problem faced by organisations that manage money using spreadsheets, email, messaging apps and separate receipts. These systems can make it difficult to establish who approved a payment, whether it followed internal rules and what evidence supports the expense.

Tracking More Transactions

Unlike conventional accounting tools that record financial activity, Transify focuses on the decisions and controls behind each transaction.

Organisations can set budgets, spending limits, approval requirements and documentation rules. The platform then links transactions to the relevant records and creates an audit trail that can help management review spending and identify potential risks.

Transify does not hold or transfer money, and it is not designed to replace banking or accounting systems. Instead, it operates as a governance and financial intelligence layer around existing financial activity.

A Free Plan for Smaller Organisations

Transify uses a three-tier subscription model.

The Basic plan is free and provides access to core features. The Pro plan costs $29.99 per month and adds unlimited transactions, AI-assisted transaction reviews, receipt scanning, summaries and data import and export tools.

The Elite plan costs $79.99 per month and includes board-ready reports, advanced analytics, risk flagging and additional administrative and security controls.

The company says every tier includes an audit trail and tamper-evident sealing, which helps preserve records of financial activity.

Targeting SMEs and Donor-Funded Projects

Transify is initially targeting customers in East Africa, including SMEs, NGOs, schools and donor-funded projects. These organisations need to account for spending but may not have the budget for large enterprise governance systems.

For NGOs and donor-funded projects, the platform could help teams maintain records showing how funds were used and whether spending followed approved budgets. Growing businesses could use it to monitor expenses and enforce approval procedures as their operations become more complex.

Egonda says the company's longer-term ambition is to expand into other African markets and eventually the Gulf region, using partnerships to reach more organisations.

Transify enters a market that includes accounting, expense-management and procurement software. Its focus is on connecting financial activity with the rules, evidence and decisions behind it, giving organisations another way to strengthen financial oversight without replacing their existing systems.