Digital transformation in the Banking Industry
With this new digital age, we are all witnessing a change in the banking landscape. People are revolutionising the way they deal with their finances. Leaving behind the traditional approach to a more sophisticated ways of banking including internet banking, mobile...
Impact of Fintech in Sub Saharan Africa
The Financial Systems in most of the African countries remained unstable compared to other developed economies. Recent survey from the Global Findex database indicates that only ¼ of the adult population in Africa have an account with a formal financial organization...
The Financial Inclusion landscape in Africa
Statistics show that 1.7 billion adults remain unbanked globally, without an account at a financial institution and access to proper financial products. Africa, with about 350 million unbanked adults, accounts for 17 per cent of the global total. However, mobile money...
Micro Finance, a financial inclusion solution for Africa
To respond to the need of providing banking services to the unbanked and low-income individuals, microfinance has come as a solution. The high-risk profile and lack of information, act as obstacles for low-income earners and small enterprises to get access to...
NanoBNK Digital Payment solutions; a win-win situation for financial inclusion in Africa
Financial inclusion in Africa is about bringing Digital Financial Services to the unbanked and unserved population. With high penetration of mobile phones, the African region is open to digital payment solutions using financial technology. NanoBNK acts a proper...
