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Africa's age of fintech consolidation is here

Why the Growth and Proliferation of Fintechs May Not be a Lethal threat to Traditional Banks

The age of fintech consolidation is here. Yes in the fintech space, expect more mergers & acquisitions in the next coming weeks and months: “Flutterwave announced its US$250million Series D today, valuing it at US$3billion, three times its previous US$1billion valuation. Part of Flutterwave’s Series D will be used to feed its inorganic growth strategy (M&A). We may see the fintech market consolidation we talked about happen earlier than we think”, writes Maro Elias for Tekedia.

The age of early exits is here in Africa: start building.