Tag "fintech ecosystem"

Tanzanian Fintechs Struggle With Unclear Regulation, Limited Funding, Lack of Talent

Although the fintech ecosystem in Tanzania has developed rapidly over the past decade, it remains nevertheless small and nascent with just 33 pure fintech players identified. Out of these companies, only 36% have managed to secure seed funding or growth

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Mauritius Government Ramp up Effort to Building up Fintech Ecosystem

Striving to become a hotbed for fintech innovation, Mauritius’ Budget 2021-2022 has laid out a series a new measures to stimulate further growth in the sector. These measures include the setting up of an Open Lab by the Bank of

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Ethiopian Fintech Scene Shows Great Promise as Africa’s Next Fintech Hub

Ethiopia’s large population of unbanked, the government’s current digital push, and recent finance reforms are bringing new opportunities for fintech startups and financial innovation. With more than 112 million people, Ethiopia is the second-most populous nation in Africa and is

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Booming Nigerian Fintech Sector Could See Revenues Reach US$543M by 2022

Fintech revenues in Nigeria are projected to reach an estimated US$543 million by 2022, driven by increasing smartphone penetration and a large population of unbanked eager to adopt digital financial services, according to a new report by the Economist Intelligence

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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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