Fintech Investments in Sub-Saharan Africa
Fintech is no longer vertical; embedded finance models are gaining traction as financial services are delivered via products in sectors such e-commerce, agriculture, mobility, energy, health, and...
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The number of people having bank accounts rose from 170m in 2012 to 300m in 2017. It is expected to reach 450m by 2022. However, access to physical branches and manual processes for most services...
In this fast-moving world, technology is constantly transforming how people live and transact. Wakandi is excited to bring financial innovation to many developing countries in Africa.
Financial inclusion happens when a person gets an account that he/she can use to store money and make transactions. In Sub-Saharan Africa, 48% of men have an account compared to only 37% of women....
The spread of COVID-19 and measures to cope with the crisis are reshaping the African economy. The pandemic restrictions are affecting businesses and households drastically. The biggest impact can be...
The impact of financial technology (fintech) in Africa has been substantial. Fintech, especially mobile money, has emerged as a worthy adversary to traditional finance. It has created an open...
We are excited to announce that we have received the National Application Services License from Tanzania Communications Regulatory Authority (TCRA). We now hold a stronger position in Tanzania to...
Wakandi is delighted to have the opportunity to sign an MoU with Helvetas Swiss Intercooperation Tanzania to provide our solution to various SACCOs in the region. Together with Halvetas, we will...
Financial inclusion is considered a key indicator for the development and well-being of people in any country. It is more critical for women, who largely remain financially excluded due to poverty,...
It is an honour to announce AfriMoney as our new partner in The Gambia. AfriMoney has now become one of the mobile money providers on our Credit Association Management System (CAMS). It is great news...
East Africa has always hailed as the torchbearer to the fintech industry. The region has offered immense opportunities for fintechs to grow and solve issues related to savings, loans, payments,...
SACCOs are considered a reliable tool to accomplish social and financial needs in many parts of Africa.