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Techfoliance AFRICA | 2 November 2018

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Unbanked Archives | Techfoliance AFRICA

Case study: Orange Money, story of a success in Africa

3 October 2018 |

Orange Money, Orange’s mobile money solution, celebrates a decade of financial innovation in Africa and confirms its position as a major mobile money player.

Launched initially in Côte d’Ivoire in 2008, the service now has 40 million customers and is available … Read More

Standard Chartered unveils first digital-only bank in Ivory Coast

17 May 2018 | | One Comment

Standard Chartered is actively contributing to better serve the unbanked, especially in Ivory Coast where it recently launched the first digital-only bank.

The potential of Africa in the banking industry is endless, with high mobile penetration rate that can today balance … Read More

Advantages of Bitcoin over the banking system in Africa

17 March 2018 |

In a recent interview, Elizabeth Rossiello, CEO of BitPesa, explained that the issues facing the banking industry in Africa are much bigger than the challenges of adopting digital currencies.

Interestingly, Elizabeth Rossiello is comparing issues between Bitcoin and the traditional financial system … Read More

Nigeria’s plan to become Africa’s leading Fintech hub

22 February 2018 |

Last January, the Nigerian Stock Exchange and Fintech Nigeria, country’s main association in financial technologies, announced a strategic collaboration to support new entrants in the Nigerian capital market.

According to Dr Segun Aina, Chairman of Fintech Nigeria:

“Fintech Nigeria has … Read More

“Mojaloop”, an open-source banking software to better serve unbanked in Africa

17 February 2018 |

The Bill and Melinda Gates Foundation has been partnering with Fintech start-ups around the world to support financial inclusion in emerging countries.

Last October 2017, the Gates Foundation launched “Mojaloop” , an open-source banking software, in collaboration with five Fintech scale-ups: Ripple, Dwolla, ModusBox, Software … Read More

African FIs can plug-in to the best Fintech with FinForward

13 February 2018 |

The Fintech program was launched last September 2017 by the Dutch Development Bank (FMO) and Above & Beyond Tech (a&b), a Miami-based company dedicated to accelerating the digital transformation of the financial industry.

FinForward At a Glance

FinFoward is a program designed to … Read More

How investing in financial inclusion will grow south africa’s economy

8 February 2018 |

Fintech continues to surprise with little to touch the rise of bitcoin and cryptocurrencies. A strong emphasis on access to financial services is a key to unlocking economic development and growth in South Africa and emerging markets in 2018 and … Read More

Finland is adding €9.3m to its SAIS tech program in Africa

5 February 2018 |

The Finnish government has announced its decision to unlock more than 9 million euros to support Tech start-ups across Africa.

Following Partech Venture’s announcement of the launch of a multi-million fund to invest in high-growth tech start-ups across Africa, it … Read More

Partech Ventures’s new $70m Africa VC fund will invest in Fintech

18 January 2018 | | 2 Comments

After several months, the french VC Partech Ventures officially announces the launch of its Africa fund, that has a total of US$70 million to be invested in pan-African tech start-ups.

The VC fund has historically invested in tech companies, including … Read More

[Facts&Figures] Blockchain for development by GSMA

14 January 2018 |

Techfoliance is extracting key data and facts from industry reports on the rise of Fintech in Africa so that you can focus on what matters the most for you.

In this report published on January 2018, the GSMA provides short … Read More

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