The Africa Fintech Radar 2021

Executive Summary

Despite having the highest level of mobile phone and internet penetration in the world, only 10% of all payments and transactions in the continent are being made digitally.

To realise the promise of fintech in improving the social and financial wellbeing of all citizens, requires accurate, up-to-date and unbiased data.

Much of this promise is currently overlooked, and indeed lost, because of geographical barriers. The aim of the Africa Fintech Radar is to change this by providing visibility for every fintech in every corner of the continent, and accelerate digitisation which is critical for business continuity and driving post-Covid economic growth.

For investors and buyers of fintech this is a tool to identify innovation and to expand their portfolios to new and exciting territories.