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Regulation Key to African Fintech Sector Growth — New Study

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

According to the findings of a study by Afriwise, Kenya, Nigeria, and South Africa have the most developed fintech ecosystems on the continent. The study points to early regulation as one of the reasons for the industry’s success in these countries. Regulated Fintech Ecosystems Attract Investors Explaining the key role that regulation has played in the growth of the fintech sector in these three countries, the study states: The connection between regulations and a flourishing fintech sector is an important one. It is no coincidence that investors and businesses in…

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