Africa’s fintech industry is growing quickly despite political and economic challenges and a global pandemic. Since 2020, the number of tech startups has tripled, half focusing on financial services. In 2021, more than $1 billion was invested in fintech startups, and most African unicorns are fintechs.
The rise of finance apps and super apps has been driven by market conditions and customer demand. As fintech matures, financial services are at an inflection point, and revenues have enormous growth potential.
Participants in this session will gain insight into Africa’s cyber hygiene, benefit from an analysis of the value creation for the fintech industry in Africa, fintech penetration, understand common vulnerabilities and mitigation, and how to capitalize on the momentum of recent years to unlock further potential in the sector.