Global Bank Account Usage
21 June 2023•
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As Africa’s economies continue to develop, there is a growing demand for digital payment solutions that are convenient, secure and affordable.
Fintech is well-positioned to meet this demand, offering a range of digital payment solutions that are tailored to the needs of African consumers and businesses.
Over the past decade, sub-Saharan Africa showed the greatest growth in bank account ownership and usage, over any other region in the world. In 2021, it was found that 55% of Africans owned a bank account of some type, and 50% made or received a digital payment in the past year.
Author
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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.
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