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Fintech

How Fintechs And Institutions Can Bridge The Usage Gap In Sub-Saharan Africa

By Drisha Kirkman, Head of Programme Management and Sustainability at Paymentology Sub-Saharan Africa is experiencing a paradox in its financial transformation. Mobile network coverage now extends to 84% of the population, yet only 25% are actively connected, leaving a 59% usage gap.  While the connectivity infrastructure is largely in place, hundreds of millions remain disconnected from the digital financial tools with […]

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mobile payment

From Unbanked To Empowered: The Real Test For Mobile Finance In Africa

By Thabo Molefe, Head of Africa Regions at TransUnion Africa’s young, tech-savvy population is leading the charge in reshaping the continent’s future. As home to the fastest-growing demographic in the world, Africa’s youth are not only influencing tomorrow’s society but are also at the heart of innovation in financial services, particularly through the adoption of mobile […]

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FIntech

Bridging the FinTech Skills Gap – How Contracting Offers a Strategic Advantage

By Thashim Seechoonparsad, Acting: General Manager – Professional Talent Solutions at Workforce Staffing South Africa’s FinTech landscape is booming. As the continental leader accounting for a significant 40% of Africa’s fintech revenue, the sector is primed for exponential growth, projected to reach USD 14.86 billion by 2033. This growth is under threat, however, as the growing skills gap […]

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Flow48 Secures $69M Series A Funding To Expand Into South Africa And Saudi Arabia

The company will utilise $10 million of the secured funding to support its expansion efforts within South Africa.  Flow48, a leading fintech company transforming SME lending across emerging markets, is excited to announce today the successful close of its $69 million Series A funding round to scale operations in UAE, South Africa and Saudi Arabia. […]

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DigMo Launches In Zambia To Gamify Financial Planning For Africa’s Mass Market

DigMo, a new financial service company that brings gamified wealth-building tools to low and middle-income earners in Zambia has been launched. Licensed by the Bank of Zambia to operate a wallet, the fintech created for underserved users provides access to engaging products with great incentives. As part of the move to expand DigMo’s capabilities and […]

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Africa’s Leading Venture Capital Leader, Kola Aina Joins Olu Akanmu, Dr Agnes Olatokunbo Martins, Others On EFInA Board

Enhancing Financial Innovation & Access (EFInA) Limited has announced the appointment of Kola Aina, Founding Partner and General Partner of Ventures Platform, Africa’s leading seed-stage venture capital firm, to its board of directors. EFInA is a financial sector development organisation committed to promoting financial inclusion in Nigeria, with the vision of becoming the leader in […]

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How Fintech In LMICs Can Inspire The Digital Healthcare Revolution

Imagine a world where the most pressing healthcare challenges are met not by incremental steps but by giant leaps of innovation that take us over and beyond the conventional barriers of infrastructure and access. This vision isn’t far-fetched; it’s precisely what’s happening today as low- and middle-income countries (LMICs), drawing inspiration from their remarkable fintech […]

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3i summit on fintech

Revolutionizing Africa’s Fintech Landscape: Calls for Foundational Digital Public Infrastructure

In a visionary address, stakeholders in Africa’s financial technology (fintech) sector rallied behind a bold strategy to accelerate the continent’s fintech transformation and seamlessly integrate with the global fintech ecosystem. Ravi Menon, Senior Mentor at Elevandi and Singapore’s Ambassador for Climate Action, emphasized the critical need to capitalize on existing components and lay the groundwork […]

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Paylican, Accelerating Shift To Digital Payments

Yan Gascon, CEO of Paylican, sheds light on how payment platforms play a crucial role in promoting financial inclusion, increasing revenue, and driving economic growth. He demonstrates how the Paylican platform transformed and accelerated international trade in Western Africa with customs by facilitating $1.7 billion USD of transactions in 2023. Fintech and digital payments provide […]

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Building Bridges In Banking: The Power Of Partnerships From The 11th Edition Connected Banking Summit

Innovation & Excellence Awards East Africa 2024, Nairobi, Kenya The Connected Banking Summit, orchestrated by The International Center For Strategic Alliances (ICSA), has once again demonstrated its unparalleled ability to bring together the brightest minds in banking, fintech, and financial services. The 11th Edition Connected Banking Summit- Innovation & Excellence Awards East Africa 2024 took […]

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