Jaiz Bank, Interswitch, EFinA, others bag Financial Inclusion Awards
The International Financial Inclusion Conference organised by the Financial Inclusion Governing Committee in Nigeria
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The International Financial Inclusion Conference organised by the Financial Inclusion Governing Committee in Nigeria
(Bloomberg) -- Africa’s technology startups raised a record $5 billion this year as U.S. investors piled into companies that are helping the continent’s tech-savvy and young population conduct financial transactions.
Nearly two-thirds of the top 20 largest disclosed deals involved investors from the US Companies including Endeavor Catalyst and Ribbit Capital that took part in at least three deals each.
Despite introducing a digital currency, Nigeria continues to print money at record amounts, as cash continues to be the main mode of transaction.