8X Growth in 3 Years for African Fintechs
Quote from Ndubuisi Ekekwe on September 18, 2022, 8:27 PMAccording 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.

Share this:
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on WhatsApp (Opens in new window) WhatsApp
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to email a link to a friend (Opens in new window) Email
- Click to print (Opens in new window) Print

