10 African fintechs to watch in 2025
TechCabal | Faith Omoniyi - Dec 31, 2024
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- Fintechs secured 35% of total funds raised in H1 2024 in Africa.
- Moniepoint and Tyme Bank became new unicorns in the African fintech sector.
- Allawee launched a credit card offering in partnership with Providus Bank and Mastercard.
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The growth of fintech in Africa is a promising development, indicating a shift towards more innovative financial solutions that cater to the unique needs of the continent. However, as these startups scale, it is crucial for them to address regulatory challenges and ensure user trust, particularly in areas like credit and escrow services, to sustain their growth trajectory.
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