Source: Joseph-Albert Kuuire/ Tech Nova

Kora, a leading pan-African payment infrastructure company, and Finextra, a financial technology news and information platform, have joined forces to present a comprehensive analysis of Africa’s economic landscape in a white paper titled “The Future of Fintech in Africa, 2023.” 

In this collaborative report, experts from Kora, Finextra, Binance, Yoco and six other companies share research-based ideas, hard-won lessons and analyse the developing patterns that are driving Africa’s fintech evolution. 

From the transformative potential of Artificial Intelligence (AI) to the revolutionising impact of Blockchain and Cloud technologies on cross-border payments, the report provides valuable insights for businesses and investors across the continent.

With insights from experts from all regions on the continent, the report is a holistic view of the fintech landscape across Africa. 

“We are excited to present ‘The Future of Fintech in Africa 2023’ in collaboration with Finextra,” said Dickson Nsofor, CEO at Kora. “This white paper reflects our commitment to advancing the financial landscape in Africa and empowering businesses in the fintech industry.”

“Africa has witnessed significant progress in the financial technology sector with the value of mobile transactions increasing 25 times over the last decade. The whitepaper suggests ideas towards building on this growth and realizing Africa’s vision of a truly unified continent; enhancing trade, and economic maturity.” said Ayodeji Osisami, COO at Kora. 

Commenting on the partnership, Madhvi Mavadiya, Head of Content at Finextra, stated, “The future of fintech in Africa holds immense potential and transformative opportunities. Through our joint efforts with Kora, the Future of Fintech in Africa 2023 report presents a comprehensive view of the region’s fintech evolution, highlighting the disruptive technologies and regulatory insights that will shape its path forward.”

The white paper can be downloaded from:

Source: Joseph-Albert Kuuire/ Tech Nova