African Fintech: A Revolution Propelled by Digitalization and Demographics
McKinsey & Company's recent study projects that Africa's financial services sector could witness an annual growth rate of approximately 10%, amounting to a staggering $230 billion in revenues by 2025. When we exclude South Africa, a major and established market, the revenue stands at $150 billion.
![African Fintech: A Revolution Propelled by Digitalization and Demographics](/content/images/size/w1200/2023/09/the-rise-of-fintech-africa.jpeg)