8 minutes 05 seconds

How African Demographics Bring Opportunity & Challenges

Welcome to Lucidity Insights first episode in this three-part podcast series, where we embark on a thrilling exploration of the Future of Fintech in Africa. Here, we outline the main challenge that African fintechs are looking to solve: namely, a population that is largely unbanked and lacking access to financial services.

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    Future of Fintech in Africa

    The Future of Fintech in Africa

    18% of the world’s population lives in Africa, and 57% of Africans are ‘unbanked’, living without a bank account or a digital wallet to their Name. The opportunity is massive, which is why fintech is the most dominant and most funded tech sector in Africa, today.

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