Kashier’s Post

The Number of #Fintechs in Africa Triple from 450 in 2020 to Over 1,200 in 2024 Outpacing Traditional Banks "The traditional brick-and-mortar #banking model is being challenged by mobile banking, online banking, mobile wallets, contactless services, digital payments for remittances via online platforms, mobile networks, and blockchain-powered digital #money." says the report. The report indicates that fintech companies in #Africa are offering financial services estimated to be up to 80% cheaper than traditional bank services and offering interest on savings up to 3x higher. Other non-price factors contributing to fintech growth include . . . https://lnkd.in/dA_KjJ_U

To remain competitive 🌟, traditional banks are accepting fintech ideas and innovations more and more.⬇️ - Several banks have partnered with fintech companies to offer mobile banking services to provide mobile banking services that meet the needs of the increasing number of customers who prioritise digital platforms - The Meeza pre-paid card system 🪪 is a component of a larger initiative to encourage cashless transactions in Egypt🇪🇬. In order to establish a uniform payment solution that can be used for government disbursements, salaries, and other transactions.. This combination of fintech and traditional banking has resulted in more efficient services and enhanced customer experiences🤝 #fintech #digital_transformation #digital_banking #fintech_5_insights

The growth of neobanks globally, and specifically across the African continent, has been exponential. Offering a purely mobile banking solution, these branchless banks offer a suite of essential banking services that are accessible remotely, playing a key role in driving financial inclusion. But many of these emerging challengers are facing profitability issues for a variety of reasons. In this blog post, we explore this issue and how neobanks can become profitable. To learn more read our blog post here - https://lnkd.in/dSGmsd5N - or email [email protected] and let's start perfecting commerce. #fintech #finance #neobanking #banking #fintechafrica

APIs are gaining importance in banking and finance due to the sector's growing interconnectivity. They are central to collaborations among mobile apps, banks, payment processors, credit card companies, and lenders, enabling improved services. Register for the Dubai FinTech Summit, as the leaders from banks and FinTechs discuss the implications and opportunities of the interconnected financial ecosystem - https://bit.ly/3veNuF4 #DFS2024 #DubaiFinTechSummit #API #Banking #DigitalPayment #Finance

"Egypt has entered the digital banking era with tools like internet and mobile banking, but the legal framework embodied by the old banking law No 88 of 2003 was not sufficient to navigate the fast-paced developments within the fintech industry." In the upcoming Mondaq webinar from Shehata & Partners, Ibrahim Shehata will cover the following: • Increasing financial inclusion: fintech start-ups are playing a crucial role in bringing financial services to the unbanked and underbanked population in Egypt. • Rise of digital investments: Egyptians are increasingly interested in investing their money online. • Evolving payments landscape: cash is still king in Egypt, but cashless payments are gaining a lot of traction. Register NOW for FREE expert insights on July 18th 2024: https://bit.ly/3RqhQNi #fintech #Egypt #digitalbanking #regulations #digitalinvestments #webinars #contentmarketing #legalinsights #lawfirmmarketing #legalmarketing #mondaq

"Egypt has entered the digital banking era with tools like internet and mobile banking, but the legal framework embodied by the old banking law No 88 of 2003 was not sufficient to navigate the fast-paced developments within the fintech industry." In the upcoming Mondaq webinar from Shehata & Partners, Ibrahim Shehata will cover the following: • Increasing financial inclusion: fintech start-ups are playing a crucial role in bringing financial services to the unbanked and underbanked population in Egypt. • Rise of digital investments: Egyptians are increasingly interested in investing their money online. • Evolving payments landscape: cash is still king in Egypt, but cashless payments are gaining a lot of traction. Register NOW for FREE expert insights on July 18th 2024: https://bit.ly/3RqhQNi #fintech #Egypt #digitalbanking #regulations #digitalinvestments #webinars #contentmarketing #legalinsights #lawfirmmarketing #legalmarketing #mondaq

"Egypt has entered the digital banking era with tools like internet and mobile banking, but the legal framework embodied by the old banking law No 88 of 2003 was not sufficient to navigate the fast-paced developments within the fintech industry." In the upcoming Mondaq webinar from Shehata & Partners, Ibrahim Shehata will cover the following: • Increasing financial inclusion: fintech start-ups are playing a crucial role in bringing financial services to the unbanked and underbanked population in Egypt. • Rise of digital investments: Egyptians are increasingly interested in investing their money online. • Evolving payments landscape: cash is still king in Egypt, but cashless payments are gaining a lot of traction. Register NOW for FREE expert insights on July 18th 2024: https://bit.ly/3RqhQNi #fintech #Egypt #digitalbanking #regulations #digitalinvestments #webinars #contentmarketing #legalinsights #lawfirmmarketing #legalmarketing #mondaq

"Egypt has entered the digital banking era with tools like internet and mobile banking, but the legal framework embodied by the old banking law No 88 of 2003 was not sufficient to navigate the fast-paced developments within the fintech industry." In the upcoming Mondaq webinar from Shehata & Partners, Ibrahim Shehata will cover the following: • Increasing financial inclusion: fintech start-ups are playing a crucial role in bringing financial services to the unbanked and underbanked population in Egypt. • Rise of digital investments: Egyptians are increasingly interested in investing their money online. • Evolving payments landscape: cash is still king in Egypt, but cashless payments are gaining a lot of traction. Register NOW for FREE expert insights on July 18th 2024: https://bit.ly/3RqhQNi #fintech #Egypt #digitalbanking #regulations #digitalinvestments #webinars #contentmarketing #legalinsights #lawfirmmarketing #legalmarketing #mondaq

The depth and breadth of our digital payment platform shown in the graphic

The complete payment ecosystem that is Network... simplifying payments.