ImaliPay gets $3M to offer financial services to underserved

The gig economy is experiencing profound growth in Africa. Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. Meanwhile, other fintechs are providing a broader spectrum of financial services for these gig workers (who, according to the Mastercard Foundation, are expected to reach over 80 million by 2030).

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