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Fintech in Africa to Grow from $200M Currently to $3 Billion by 2020

Millions more people in Africa now have access to financial systems thanks to cashless systems using digital technology, and more and more people are seeing the benefits of mobile banking, according to Ecobank, the leading independent pan-African banking group.

Speaking at the Africa Tech Summit in Kigali, Rwanda, Nshuti Lucy Mbabazi, Assistant Vice President, Push Payments for the Ecobank Group, explained the importance of fintech and moving towards a cashless society: “Digital technology is central to what we do at Ecobank. Technology offers us great opportunities to open up new markets, increase choice and speed delivery of services.”

Read more from source article: http://thespiritedhub.com/nshuti-mbabazi-fintech-in-africa-to-grow-from-200m-currently-to-3-billion-by-2020/

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