According to McKinsey, a consultancy, the revenue generated by Africa-facing fintech startups is projected to grow 8x to $30 billion by 2025. This is happening because more Africans find digital financial solutions more convenient — and cheaper — when seeking credit, making purchases, settling bills, and managing expenses, than traditional financial services. 8X - yes, that was not a typo. More growth ahead.
According to McKinsey, a consultancy, the revenue generated by Africa-facing fintech startups is projected to grow 8x to $30 billion by 2025. This is happening because more Africans find digital financial solutions more convenient — and cheaper — when seeking credit, making purchases, settling bills, and managing expenses, than traditional financial services. 8X - yes, that was not a typo. More growth ahead.