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World's Median Fintech Deal Sizes: from 2018 to Q3 2022
Africa continues to have the lowest deal-size across the world for Fintech Investments but has shown the fastest growth since 2018 – with average cheque sizes growing from $500,000 in 2018 to a high of US $1.6 Million in 2021.
Related Report
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The Future of Fintech in Africa
Eighteen percent of the world’s population lives in Africa, and 57% of Africans are ‘unbanked’, without a bank account or a digital wallet. This presents a massive opportunity, making fintech the most dominant and funded tech sector in Africa today. This special report highlights how African fintechs not only have one of the largest total addressable markets globally but are also crucial for achieving financial inclusion and empowering unbanked populations. The potential impact of a successful fintech in Africa is unparalleled. To learn more about the drivers, barriers, and opportunities in African fintech, as well as progress toward financial inclusion, read the special report.
