Payments Certainty, Not Technology, Africa’s Biggest Fintech Gap – Verto Exec
- Verto has facilitated over $20 billion in cross-border payments across Africa since its inception.
- The fintech sector in Africa has matured significantly over the past decade, with increased consolidation.
- M-Pesa's early expansion in Kenya is credited with influencing the current state of the fintech industry.
The discussion around Africa's payments infrastructure reveals a promising landscape for fintech innovation, but it also highlights the critical need for improved regulatory collaboration and predictability in transactions. As businesses increasingly look to expand beyond borders, addressing these challenges will be essential for unlocking the continent's full economic potential.
