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8X Growth in 3 Years for African Fintechs

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.