Africa Fintech Report
DATE: February 2023
This report provides an overview of the African Fintech landscape.In particular, we focus our attention on three B2B subverticals that have been very active lately, serving the continent’s businesses:
✔ SME lending - We see significant equity and debt funding to several specialist lenders that continue to deploy capital and expand their SME offerings (eg to broader banking).
✔ Banking-as-a-Service (BaaS) & BankTech - There are several growing BaaS platforms – supported by a rich BankTech/ RegTech ecosystem - as investors see the demand by businesses to offer financial products to their – usually underbanked - end clients
✔ Merchant Acquiring & B2B Payments - The broader payment sector has been booming in the continent with an increasing wave of platforms serving merchants for payments acceptance and B2B payments.
We have profiled selected companies from these three verticals and have hosted exclusive interviews from Lulalend, Ukheshe and Yoco.