ROCVEST’s Post

Kenya's startup scene is thriving, with the #fintech sector leading the charge in innovation. However, a recently proposed revision of charges associated with accessing the Integrated Population Registration System (IPRS) database has thrown a spanner in the works! Click the link and watch Ali Hussein Kassim, Chairman of the Association of Fintechs in Kenya, unpack the impact of these changes on Kenya's Fintech space. Will this move help or hinder growth? Find out more on Vellum.

“If you want to go fast, go alone; if you want to go far, go together.” 🔍 In our newest #WealtTalks, join us as Munya Chiura, a leader in African fintech, shares invaluable insights. We delve into the unique dynamics of the African market, the growth potential, and the crucial role fintech plays in financial inclusion across the continent. 📖 Make sure to read: https://lnkd.in/dEEzGtyc Gain expert perspectives on: 🔹 The rapid growth of fintech in Africa 🔹 Overcoming market challenges 🔹 Navigating diverse regulatory environments Don't miss this enlightening conversation to understand fintech's global impact better. #AfricanFintech #FinancialInclusion #MarketInsights #GlobalFinance #WealtConversations #webinar #startup

🌍 Banks: Powering the Next Wave of Fintech Innovation. Banks have often been labeled as slow movers, but that’s changing fast. Today, they're not just keeping pace—they're leading the fintech revolution. Here’s 3 ways in which banks are transforming the landscape: 🌟 Developing In-House Fintech Solutions: By building their own tech-driven products, banks are enhancing their services and staying ahead of customer demands. 🌟 Acquiring Cutting-Edge Fintech: Many banks are acquiring cutting-edge technologies, allowing them to innovate without building from the ground up. 🌟 Investing in Fintech Startups: Banks are fueling innovation by investing in fintech startups through accelerators and incubators, nurturing the next generation of fintech pioneers. The last approach, in particular, is driving significant change: 👉 Accelerators fast-track growth by connecting startups with mentorship and investment. 👉 Incubators provide a supportive ecosystem where ideas can be refined, networks expanded and scalability achieved. For instance, the recent #TheEcobankFintech2024 challenge aimed to empower fintechs with resources, funding and partnerships across Ecobank’s 35 African markets—advancing Africa’s financial integration and economic development. Banks aren’t just adapting—they're shaping the future of finance. 🚀 Now, over to you: 🤔 How do you think banks can better collaborate with fintech startups? 🤔 How do you envision the future of banking in the digital age? Ecobank Kenya Limited, Charles Kinyanjui. Ecobank Transnational Incorporated

By 2030, the African fintech market will be worth around $65 billion, according to a recent report by Boston Consulting Group (BCG) and QED Investors. Africa's fintech market is indisputably a very vibrant one; we have seen some really notable startups turned tech giants, and investments flow into this sector. In the below article, Aymen Mtimet, Partner Advisory at Deloitte Francophone Africa, shares his insights on the evolution of fintech in Africa, its current challenges, and growth opportunities. Read more here: https://lnkd.in/dfZ34iep News Source: Africa News Agency Image credit: Business Insider Africa

I had such a great morning run while listening to a fascinating conversation between #Vietsuccess and Ms. Caroline Tran, Co-founder and CEO of #HelloClever, a super cool tech startup from Australia. They're killing it and have even made it to the top 50 fastest-growing fintech companies in Australia! Caroline dropped some awesome insights that really stuck with me: 1. Spotting Opportunities: Caroline's team was super smart to jump into the digital payment market in Australia when the government released Payto, #PayTo, a Australia's next-generation real-time payment system. It's all about seizing those chances when they come your way! 2. Building a Great Company Culture: Even in a field dominated by men, Caroline is making sure Hello Clever is a welcoming and inclusive place for everyone. Go, girl power! 3. Utilize Vietnamese engineer team to create a critical competitive advantage: Caroline shared how having a team of engineers in Vietnam helps them get things done quicker and cheaper. It's like having a secret weapon! They can outpace their competition and get their products out faster by Vietnamese technology resources. Here at #1BITLAB, we're all about helping startups and small businesses bring their ideas to life quickly and affordably. Hit us up if you need a hand! Happy running and entrepreneuring! 🏃♀️💼✨

Ashley Otu LEI Africa Exciting news from the Democratic Republic of Congo! Startups in the fintech industry have collaborated with the government to launch the Fintech Association. The aim is to foster a highly cooperative and efficient fintech industry in the country. Already on board are 15 companies such as MaishaPay, Velex Advisory, and Zando. But that's not all - the CFN will also include major banks like Ecobank and international organizations such as Deloitte and PwC. Let's keep an eye on this collaboration and see how it further develops the fintech industry in the DRC! #fintech #collaboration #DRC

#Innovation: FinTech is on the rise in Africa! 📱Bizao | Payment hub in Africa, a prominent startup, is leading the way in revolutionizing mobile payments! Emerging from Orange’s incubation program, Bizao has quickly established itself as a game changer in mobile payments across the continent. Bizao’s innovative platform addresses the challenge of providing simple and fast payment solutions to businesses, especially those targeting unbanked populations. What makes Bizao unique is its one-stop mobile payment gateway, which provides a unified platform for merchants, eliminating the need to integrate multiple splitted solutions. This simplifies the payment process for businesses of all sizes. 💡Bizao’s commitment to financial inclusion and frictionless transactions positions them as a key driver of Africa’s digital transformation. 💬 Want to be part of Africa’s innovative future? Please contact us, we will be glad to guide you in terms of investment and advisory. 📩 [email protected] #Advisory #Investment #research #HamilcarCapital #Economy #Africa  #FinTech #MobilePayment #FinancialInclusion #Digital #Startups

Growth opportunities for African fintech abound, especially in South Africa - TechTrendsKE: Fintech solutions, particularly those addressing payment challenges, continue to dominate innovation and attract significant venture capital interest ...

🇰🇿 Kazakhstan Fintech Report - by Rise research, National payment corporation of Kazakhstan, Mastercard & Tarlan Payments Key takeaways: 🚀 Increase in online banking usage, as well as all fintech-related services and products: Between 2019 and 2023, active online banking users in Kazakhstan increased 4.6 times due to technological improvements, regulatory support, high demand, market competition, and greater internet and cashless payment adoption. 📲 The rise in number of fintech startups, investments, and “bank+fintech startups” partnerships: Despite banks leading the fintech market,number of fintech startups in Kazakhstan have surged from around 50 in 2018 to over 200 by 2024. Moreover, fintech dominates venture capital deals in the country, accompanied by a noticeable rise in “bank+fintech startups” partnerships. #Fintech #Report #Kazakhstan