Dec 28 2024 56 mins 1
The State Of African Fintech Trends & Opportunities recorded live at Africa Tech Summit London 2024 at he London Stock Exchange on June 7th, 2024.
Featuring Chinenye Agwu - VP Sales & Sector Head for PSPs at Flutterwave
Lewam Kefela - Principal at Partech Africa
Frank Atube - COO at Seamfix
Stephen Oluwatobi - Head of Operations at Kora Technologies
Babs Ogundeyi - Group CEO & Founder at Kuda Technologies
Moderated by Nkiru Uwaje - COO at Mansa Finance
The session focused on the current funding landscape for African fintechs and the challenges faced by the ecosystem over the past 12 months including the significant decrease in funding in 2023 due to global economic downturns, the necessity of educating regulators to bridge generational gaps and foster better understanding of fintech innovations, and the impact of regulatory and compliance challenges on business growth. Despite the setbacks, there's optimism about the future, highlighting the increasing number of funds earmarked for Africa and the potential for a resurgence in the fintech sector.
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