A Sample of the IFC’s Fintech Investments in Africa
16 June 2023•
%2Fuploads%2Ffintech-africa%2Finfobytes%2Fifc%2520fintech%2520investment%2520africa.jpg&w=3840&q=75)
According to a report by Disrupt Africa, there were over 400 fintech startups in Africa as of 2020, with total funding of over $1.3 billion.
As of 2022, Lucidity Insights research has identified over 270 fintech “scaleups”, which are defined as startups that have each raised a minimum of US $1 million.
IFC has been at the forefront of fintech in this region, providing funding and support to some of the most promising fintech startups in Africa.
Author
.jpg&w=3840&q=75)
We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
%2Fuploads%2Ffintech-africa%2Fcover13.jpg&w=3840&q=75)
Register for our free weekly newsletter
Stay up to date with the latest news, special reports, videos, infobytes, and features on the region's most notable entrepreneurial ecosystems