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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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.
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...
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,...
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,...
Access to banking services in Africa has improved significantly over the years. Digital transformation of financial services has enabled banks to reach wider audiences in many countries. People can...
Tanzania is witnessing a digital transformation. More people now connect to digital services in various sectors, including healthcare, finance, commerce, education, etc. The digital transformation in...
Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first countries (with Kenya) to launch mobile money services in Africa. With six...
Tanzania has proven to have an appetite for digital payment, primarily through mobile. The mobile money penetration reached 53% with more than 29M mobile money subscriptions in the year 2020. The...
MWASHITA SACCOS, based in Dodoma (Tanzania), was established in 1997 to mobilize savings, receive contributions and provide affordable credit facilities for communities, especially the poor....