Press release issued by FasterCapital concerning MAM Telecom Ltd. Original announcement date: 2 October 2026. Source: PressCenter. Reproduced in full; claims are those of the issuer. WiredBusiness publication date: 3 October 2026.

MAM Telecom Ltd, an existing participant in FasterCapital’s EquityPilot program, today reported progress on multiple operational fronts in Uganda, including refinement of its investor deck to reflect the expanded MAM Telecom ecosystem, strengthened design of PSP/PSO float infrastructure and agent liquidity models, and further development of MAM Fex as a low-fee borderless remittance offering. FasterCapital continues to provide ongoing support as the company advances these execution priorities.

FasterCapital and Mam Telecom are working together under EquityPilot to prioritize execution milestones, strengthen fundraising readiness, and align regulatory and operational planning as the startup advances its current product and market initiatives.

What the Startup Delivers?

Mam Telecom is developing an integrated ecosystem spanning telecom-enabled payment rails and a remittance channel (MAM Fex). The updated investor deck reflects this expanded architecture and clarifies how the remittance product will sit alongside PSP/PSO infrastructure and agent liquidity mechanisms designed for the Ugandan market.

Current FasterCapital Support

FasterCapital’s ongoing support in this phase includes:

– Milestone planning and execution follow-up to keep development on track

– Fundraising readiness support and pitch/materials refinement

– Strategic prioritization and market positioning assistance for MAM Fex

– Introductions to relevant ecosystem stakeholders to support regulatory alignment and operational planning

Current Execution Priorities

Mam Telecom’s current priorities are focused on: finalizing the PSP/PSO float architecture and agent liquidity model for Uganda; completing investor-facing materials that capture the expanded ecosystem; advancing regulatory alignment and licensing pathway planning; and refining go-to-market positioning for MAM Fex ahead of fundraising conversations.

Ecosystem relevance

Mam Telecom is mapping the Ugandan payments and regulatory landscape to align its PSP/PSO and agent liquidity designs with local licensing and oversight expectations. This planning work is intended to ensure the operational model integrates with existing market flows while addressing liquidity management for agents and payment service operators.

Funding readiness note

Mam Telecom is coordinating press activity and refining investor materials as part of ongoing fundraising readiness. FasterCapital is supporting pitch refinement and outreach planning; this reflects preparation and does not guarantee funding outcomes.

Leadership Comment

Hesham Zreik, Founder and CEO of FasterCapital, said: ‘We’re pleased to continue supporting Mam Telecom through EquityPilot. Our team is focused on current execution priorities, milestone tracking, and connecting the startup with relevant ecosystem stakeholders as it advances.’

About Mam Telecom:

Mam Telecom is a Uganda-based startup developing integrated telecom and fintech infrastructure, including a borderless remittance product (MAM Fex) and PSP/PSO-focused agent liquidity solutions. The company is advancing operational and regulatory planning to support its next-stage execution and market readiness.

About FasterCapital:

FasterCapital works with founders to turn plans into disciplined execution through milestone-based support, hands-on guidance, and improved fundraising readiness. With programs including EquityPilot, FasterCapital helps startups sharpen positioning, clarify priorities, and connect with relevant ecosystem stakeholders as they grow.

Image: AI-generated editorial illustration of mobile payments and cross-border remittances, created for WiredBusiness. It does not depict MAM Telecom’s actual products, customers or facilities.