June 19

Payment Startups Lead Way In Africa’s Booming FinTech Scene

Payments and remittances startups account for the majority of Africa’s over 300 fintech startups, though blockchain companies are the more likely to secure funding.

This is according to the Finnovating for Africa: Exploring the African Fintech Ecosystem Report 2017 released by Disrupt Africa, which analyses a data set of 301 African fintech startups – which has also been made available to investors.

Source: Forbes (link opens in a new window)

Financial Inclusion, Technology
Africa, financial technology, fintech, investors, remittances, startup