
Tag "Fintech Startups"
Egypt Among Top 4 Fintech Ecosystems in Africa
Over the past few years, Egypt’s fintech sector has grown at a rapid pace as the startup ecosystem thrives and investment surges. In its first industry report, Fintech Egypt, an initiative of the Central Bank of Egypt, delves into that
Read MoreMomentum Continues in Nigeria’s Fintech Ecosystem
In 2021, the momentum in Nigeria’s fintech ecosystem continued, driven by a blooming local startup scene, significant growth amongst large, established players, and a dynamic funding landscape. Fintech was investors’ favored tech sector last year. They injected a whopping US$800
Read MoreTanzanian 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
Read MoreMorocco Grabs the Third Spot in Arab’s Fintech Space Behind UAE and Egypt
Morocco is the third largest fintech hub in the Arab world, hosting 13% of all 400 active fintech solutions, or about 40 fintech solutions, according to a research by financial inclusion think tank Consultative Group to Assist the Poor (CGAP).
Read MoreTanzania’s Nascent Fintech Sector is Poised for Growth
In Tanzania, the fintech sector is still nascent with less than 50 companies, among which 68% in their early stages and 20% still at the pre-startup stage and not fully launched yet, a research found. An assessment of the Tanzanian
Read More10 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
Read MoreFintech 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
Read More