Fintech: The digital key to spotting new markets
- M-Pesa's transactions accounted for 87% of Kenya's GDP, lifting 2% of households above the poverty line.
- Fintech platforms like M-Pesa enable people to pay bills, transfer money, and purchase goods using their mobile phones, driving financial inclusion and economic growth.
- Fintech supports SMEs by giving them access to loans and democratizing financial access.
Fintech has the potential to drive unprecedented economic growth and prosperity in Africa and other emerging markets by breaking down traditional barriers and opening financial services to the masses. Embracing this digital revolution offers a more equitable and prosperous future for all.
