M-Pesa is a mobile money service in Kenya that has revolutionized digital payments, becoming a cornerstone of the country's fintech ecosystem.
Fintech Funding in Africa: Regional Breakdown
West Africa raised $587 million in startup funding in 2024, with Nigeria alone accounting for nearly $400 million. East Africa attracted $725 million in funding in 2024, with Kenya securing $638 million, marking a significant lead over West Africa.
