McKinsey & Company, HeraldLIVE, Punch Newspapers, Daily Maverick, Connecting Africa|1 minute read

The Fintech Frenzy: Why Africa is the New Frontier for Financial Innovation

TL;DR

Fintech innovation in Africa is booming, as startups tackle local challenges with tailored solutions. Recent insights from industry leaders reveal:

  • Investors are moving away from a growth-at-all-costs mentality.
  • Africa is seen as the final frontier for fintech growth, with significant mobile money adoption.
  • Visa's Demo Day showcased startups addressing unique African problems.
  • Industry leaders stress the need for balance between growth and consumer protection amid tightening regulations.

Here's the full scoop.

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