Africa’s Fintech Ecosystem Hits 1,600+ Startups, Accelerating Digital Finance and Global Tech Investment

Africa’s fintech sector has rapidly evolved from potential to reality, expanding from 450 startups in 2020 to over 1,600 by 2025. Payments and lending remain the backbone, with mobile money leading financial inclusion and accounting for nearly 70% of digital transactions in some economies. Growth is spreading beyond the traditional hubs of Nigeria, Kenya, Egypt, and South Africa, driven by smartphone adoption, funding momentum, and supportive regulation, such as Egypt’s new fintech friendly policies. With fintech now producing most of Africa’s tech unicorns and attracting record investment, the continent is firmly establishing itself as a global hub for digital financial services and innovation.

Read more from: openpr