September 24, 2019 •
Finance, Security •
Jenna Cook •
Comments Off on Fintech startups left vulnerable as digital economy booms in Africa
In just two years, Africa’s fintech industry has boomed by 60% – this according to Toby Shapshak in an article for Forbes. The fintech ecosystem has grown to 491 from 301 in 2017, with $132.8 million raised in 2018 – proving the sector’s...
At the inaugural African Fintech Unconference, organised by Nomanini and the Bankable Frontiers Association with the support of the Mastercard Foundation, a cross-section of professionals from the local and global fintech sectors gathered for two days to...
Traditional banks are poised to lose as much as 50% of their ownership of the payment space by the end of 2016. Their hold on the space began plummeting in 2014 from 100% to 75%, and will continue to fall in the coming year. And, according to CEO of mobile...
Logistics and infrastructure challenges, together with high business start-up costs, have in the past prevented many financial institutions from establishing themselves in developing markets. Thanks to technology and mobile phones, this is no longer...
Fintech in Africa, as elsewhere in the world, is big business. Investment is flooding into startups providing innovative ways of offering financial services. Startups in the fintech space took on almost 30 per cent of the total funding raised by African...
May 20, 2016 •
Top Stories •
NetAdmin •
Comments Off on Hello Paisa clinches top spot at Start-up challenge
Hello Paisa was named, according to the company, as the number one Fintech Company in Africa in Mauritius during the course of May 2016, at the SWIFT African Regional Conference. The company revealed that it will now form part of a delegation along with two...
