LATEST UPDATES
Card-image-cap

Technology | Fintech

Africa's Fintech Transformation: Traditional Banks Can Still Gain an Edge

Nov 10, 2021   •   by   •   Source: Proshare   •   eye-icon 1970 views

Wednesday, November 10, 2021 / 11:11 AM / by CR2 / Header Image Credit: CR2


This latest report inCR2's Market Insight series discusses how Africa represents a massive marketthat is providing an opportunity for investors to bring large segments of thecontinent's unbanked online.

 

Africa is in the midst of a fintech transformation.Millions of Africans are now connected to financial services as a result ofhundreds of start-ups. However, with the right mix of innovation andpartnerships, Africa's established commercial banks can gain an edge in thecontinent's digital finance revolution.

 

This latest report in CR2's Market Insight seriesdiscusses how Africa represents a massive market that is providing opportunityfor investors to bring large segments of the continent's unbanked online. Thesurge of start-ups has been a major factor throughout this transformation, butthey are not the only players on the continent. Established banks are alsobuilding on legacy infrastructure and client networks to offer novel digitalfinance services.

 

Read this report to learn how many longstandingfinancial institutions in Africa are pursuing innovation such as online walletsand digital payments services to bank the unbanked and meet the preferences ofan on-demand generation. Africa's banks shouldn't make this journey alone,however, partnering with fintech start-ups and technology partners canaccelerate their route to success.

 

DownloadFull PDF Report Here


Proshare Nigeria Pvt. Ltd.


Related News

  1. FintechNGR set to hold World Fintech Festival, WFF, in Nigeria on November 11, 2021
  2. Listing Fintech Companies in Nigeria; Dos, Don't's and Subplots
  3. 2021 Nigeria Fintech Week: Stakeholders Explore Sustainable Investments for Scaling Fintech
  4. 2021 Nigeria Fintech Week: $321m Raised in 47 Deals in H1, 2021
  5. 2021 Nigeria Fintech Week: Stakeholders Laud Digistuds Launch
  6. Appzone Launches Next Generation Payment Infrastructure for Africa on Blockchain
  7. Flutterwave and Fintech Valuations
  8. Nigerian Digital Bank Carbon Signs with Network International to Boost Digital Payment Offering
  9. Appzone Relaunches BankOne, Digital Core Banking Solution for Africa's Fintechs and Neobanks
  10. Increased Funding Affirms Growth Opportunities

Proshare Nigeria Pvt. Ltd.

Get the App

apple-store  play-store

Connect with us


Proshare is a professional practice focused on delivering research and information services to bridge the gap between investors and markets; by delivery on credible, reliable, and timely engagements through the following areas — Impact Research, Market Intelligence, Strategic Advisory, Stakeholder Relations & Digital Media.