Source: Bizzamm (Pty) Ltd | Dec 05, 2022

(African) Fintech revenues could grow by 8X to reach $30 billion by 2025 - McKinsey & Company

African fintech has a significant impact on day-to-day life on the continent and with its current upward trend it can be perfectly poised to rapidly advance Africa’s global competitiveness

As the fastest-growing start-up industry in Africa, African fintech raised over US$1,3 billion in 2021 alone, the success of fintech companies is being fuelled by several trends, including increasing smartphone ownership, declining internet costs,  expanded network coverage, and a young, fast-growing, and rapidly urbanizing population. [i] African fintech has a…