With over 354 fintech companies across numerous sectors, Kenya’s fintech landscape is a force to be reckoned with, which is also Africa’s largest and most established fintech ecosystems. The country left the whole region behind when in just the first 3 months of 2022 it garnered a record high VC funding of $482million.
Spearheading as the most technologically advanced country in the continent, Kenya has earned the title of “Silicon Savannah” which also correlates to the fact that 94% Kenyans are mobile money users. Even the Central Bank of Kenya has joined the bandwagon and launched its “National Payments Strategy 2022 – 2025” to encourage innovations in the payments system. It’s no surprise that MNCs in the fintech space are making huge investments in the country, thereby boosting foreign direct investment as well.
To provide a common platform for the burgeoning FSI & Tech community, Tradepass is hosting World Financial Innovation Series (WFIS) in Nairobi, Kenya on 24 – 25 May 2023. The event will host over 600 technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the country.
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