About

The financial services landscape in Africa is amid a dynamic evolution as the rapid growth. FinTech on the continent drives both the disruption and turn-around of legacy systems and accelerates the digital transformation of financial services. Major banks in South Africa are adopting and steering their own innovation strategies and collaborating with new start-ups to drive productivity and capture new markets. The FinTech adoption rate, in Africa is expected to soar over the next few years, with South Africa ranking third in future growth after China and India. South Africa is home to a large number of technology hubs, which is significantly larger than any other country on the continent and the country enjoys a significant amount of national and international investment in the sector.