Category Archives: Fintech

Fintech Africa

Fintech’s transformative potential: Empower customers through self-education

The most powerful thing a fintech can do is enable its customers to educate themselves. Mukuru, a leading next-generation financial services provider, started out as a remittance company but has evolved into a platform with a suite of different financial products and services. Mukuru CEO, Andy Jury, says that formalised financial education obviously plays a crucial role in a fintech’s business, but customers that trust and repeatedly use a new product or service, such as a digital store of money, go through a natural learning process and are then more comfortable being exposed to more sophisticated products.

Xprizo enhances fintech platform with iOS launch

Xprizo, a cutting-edge iGaming fintech platform, has amplified its global reach with the launch of its iOS app. This marks a significant milestone in the company’s growth and development as a fintech platform serving the underbanked and unbanked demographics. 

Investment bank predicts Africa’s remittance market will reach $500bn by 2025

Remittances are a vital cog in the African economy, but they remain relatively costly compared to the rest of the world. Despite this, investment bank DAI Magister sees African remittances primed as a market primed for investment, and predicts it will grow to $500bn by 2025. For Risana Zitha, Managing Director and Head of Africa at DAI Magister, the shift to mobile money will bring a wave of innovation, lowering remittance costs and propelling the market to new heights.

Experts reveal how businesses and sellers can spot online payment scams

When it comes to online shopping, customers aren’t the only ones who can fall victim to scams. Many scams target businesses and sellers instead, therefore anyone selling goods online must know how to avoid being impacted and what to do if their business is affected. 

Africa Fintech Summit Rolls Out Nigeria Fintech Marketing Outlook 2024, Featuring Trends, Perspectives, Growth Strategies, and More

The Africa Fintech Summit (AFTS) releases its insightful “Nigeria Fintech Marketing Outlook 2024” report, shedding light on the current state and future direction of marketing strategies within the nation’s booming fintech industry.

How will Digital Transformation evolve the Blockchain Practices in African Countries?

The use of blockchain practices has been rising in every industry. Today, every single industry is making the most out of it and making things easier for their audience to deal with it. If you are thinking how blockchain practices is going to get better with digital transformation, then you have landed on the right page. 

Fintechs are aiding financial inclusion across sub-Saharan Africa

Fintechs are driving financial inclusion in sub-Saharan Africa by providing safer and more affordable solutions for cross-border remittances, reducing costs by 50% in the past decade. These fintechs are enabling people to join the formal economy and access a range of financial services, contributing to lasting financial inclusion in the region.