Latin American Fintechs Storm Africa In Fiery Digital Gold Rush
PayRetailers expands into eight new African countries. Initial launch in Rwanda, Zambia, Uganda, and Tanzania.
Tiger Global-backed Minka is the latest LATAM fintech to set up shop in Africa
Minka, a Colombian fintech backed by Tiger Global, has launched in East Africa, targeting Kenya, Tanzania, Uganda, and Ethiopia. Latin American fintech companies like EBANX and dLocal have also expanded into Africa, addressing similar challenges of financial exclusion and cash reliance.
