Read about some of the most promising African Fintech Startups
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African Fintech startups have been rapidly emerging in the past few years and there is no stopping this trend. With a rich and diverse culture, Africa has always been a hotbed for innovation and startups are no different. African Fintech startups are a growing industry that is poised for growth in the coming years. There are several reasons for this, including the increasing demand for financial services in Africa and the growing number of smartphone users in Africa.
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Africa has a wealth of fintech startups, many of which are still in their early stages. Some of the most notable African Fintech startups include:
1. BitPesa: BitPesa is a mobile money transfer and remittance service that allows users in Kenya to send and receive money with ease. The
startup has partnerships with more than 20 banks and mobile carriers in Africa, making it easy for users to transfer funds to and from anywhere in the continent.
2. M-Pesa: M-Pesa is one of the most popular mobile money services in Kenya. It allows users to send and receive money instantly, without having to worry about fees. M-Pesa has over 60 million users and is used to pay for goods and services across the country.
3. Coinalytics: Coinalytics is a blockchain startup that is focused on helping businesses track and analyse their financial data. The company has partnerships with companies such as Barclays and Microsoft.
4. GoCardless: GoCardless is a global fintech company that provides a full suite of banking products and services to small businesses. It is headquartered in London, UK.
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