Finnovation Africa Series – Addis Ababa, Ethiopia November 2017
FinTech players have the ability to accelerate the digital transformation of financial services in Africa and, in turn, further spur the major existing banks to rapidly ramp-up their own innovative approaches to meet the financial needs of underserved markets across the continent. This is due to their potent blend of trailblazing technology and disruptive innovation. FinTech has increasingly becoming an important part of the fabric of Africa’s financial services industry. In addition, the leading banks on the continent are now harnessing innovative technology to meet market needs and are also collaborating with FinTech start-ups to better connect with underserved consumers, improve financial inclusion and provide a platform to scale much faster. Finnovation Africa series has been a crucial force in convening Financial industry players in Africa to chart the way forward in Africa.
Afrinet Capital’s partner, Declan Magero, was part of the hugely successful launch of the most recent Finnovation Africa FinTech Series November 2017, at Raddison Blu, Addis Ababa, Ethiopia during, which saw 228 thought leaders, FinTech pioneers, investors, government policymakers and bankers representing some of the foremost financial institutions from across the continent gather to address how FinTech is contributing to the positive and profitable transformation of financial services in Africa.