EMERGING ROLE & POSITIONING OF FINTECH IN DRIVING THE INCLUSIVITY OF
INSTANT PAYMENT SYSTEMS (IPS) IN AFRICA
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Jacqueline Jumah Director, Advocacy & Capacity Development AfricaNenda
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frica has made significant progress in digital financial services, propelled by the widespread mobile money rails and fintech innovations. These developments are contributing to improving financial inclusion, facilitating economic growth, and empowering individuals and businesses with greater access to financial services. In this
paper, we will adapt the fintech definition by the WorldBank series ‘Fintech and the Future of Finance’1 . Here, fintech refers to advances in technology that have the potential to transform the provision of financial services, spurring the development of new business models, applications, processes, products, and services. Fintech therefore constitutes; firms
