Posts From Fintechnews Africa
10 Top Fintech Startups in Egypt to Keep an Eye On
As one of the most populous countries in the Middle East topped with a large unbanked population Egypt is fertile for fintech to flourish. Recent report indicates that fintech is one of the fastest growing sector in Egypt. As in
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Allianz X Increases Fund Size to €1 Billion, Eyeing to Invest in Digital Business
Allianz X, the digital investment unit of the Allianz Group, announced today it has received additional investment from Allianz SE, increasing its fund size to €1 billion. The increase is the result of Allianz X’s investment track record, successful collaborations
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Standard Chartered Launches Second Wave of Digital-only Banks Across 4 African Markets
Standard Chartered today announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital solution in four key
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Fintech and The Digital Banking Impact for Africa
The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are not only disrupting but also building it from the scratch which is bringing Financial inclusions and attracting other investments across the continent. New
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Salt Telco’s Fintech Arm Tackles Micro Lending in Africa—And Potentially Europe
Peer to Peer (P2P) Lending Market is projected to grow at a CAGR of 51.5% from 2016 to 2022, to reach $460,312 million by 2022. With a decade’s experience handling mobile money solutions under their belt, a thoughtful and agile expansion
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622 Mil Transactions Later, A15 Sells Tpay to Africa’s Helios
Egypt’s A15 has just announced that they’re exiting UAE-based Tpay today, selling off its majority stake to Helios from Africa. Now collectively holding 24% of the stake, A15 along with the current executive team will continue to lead the implementation
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United Bank For Africa To Launch Chat Banking On Whatsapp In Nigeria
n a first for Nigeria, customers of United Bank for Africa can now conduct their favorite banking activities in a secure and convenient manner, by communicating with their bank in a verified WhatsApp chat. This capability is made possible through
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Fintech to Solve Financial Exclusion in Egypt
In Egypt, fintech is set to play a key role in providing basic financial services to the large pool of unbanked people, according to experts and industry observers. Egypt is the most populous nation in the Middle East and North
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Fintech In South Africa: A Quick Overview
Market demand for innovative products and services has been pushing fintech innovation in South Africa. In respond to the rapid development of fintech, the South African Reserve Bank (SARB) established a three-man fintech unit in January to monitor the impact
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10 Insurtech Game Changers
Insurtechs enable insurance carriers to innovate much faster than they do today. Their innovative solutions dramatically improve the primary process of insurance carriers; they take away the frictions that customers experience when dealing with an insurance firm. We believe that
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