December 04, 2023
How African Demographics Bring Opportunity & Challenges | The Future of Fintech in Africa Podcast | Ep 1
Welcome to the first episode of Lucidity Insights' 3-part podcast series, where we embark on a thrilling exploration of the Future of Fintech in Africa.
Here, you will find insightful information about the trends and innovations reshaping the financial landscape across the African continent.
So, fasten your seatbelts and get ready for an enlightening journey through the financial frontier of Africa.
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.
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