The State Of African Fintech Trends & Opportunities panel session at Africa Tech Summit London 2024

Africa Tech Summit London 2024 celebrated its sold-out 8th edition at the prestigious London Stock Exchange on June 7th, 2024! The event brought together leading industry experts and innovators to explore the latest trends and insights in technology and business across Africa and beyond.

Panel session The State Of African Fintech Trends & Opportunities
Chinenye Agwu - VP Sales & Sector Head for PSPs at Flutterwave
Lewam Kefela - Principal at Partech Africa
Frank Atube - COO at Seamfix
Stephen Oluwatobi - Head of Operations at Kora Technologies
Babs Ogundeyi - Group CEO & Founder at Kuda Technologies
and moderated by Nkiru Uwaje - COO at Mansa Finance

The session focused on the current funding landscape for African fintechs and the challenges faced by the ecosystem over the past 12 months including the significant decrease in funding in 2023 due to global economic downturns, the necessity of educating regulators to bridge generational gaps and foster better understanding of fintech innovations, and the impact of regulatory and compliance challenges on business growth. Despite the setbacks, there's optimism about the future, highlighting the increasing number of funds earmarked for Africa and the potential for a resurgence in the fintech sector.

The Summit unpacked topics such as IPOs, Investing, Payments, Web3 Innovations, Digital Identity Advancements, Cross-Border Trade, Agtech, Ecommerce, Cloud Technology, Climate Tech, Foodtech Breakthroughs and Business Scaling Strategies. Providing invaluable networking opportunities, connecting attendees with industry leaders, investors, and innovators to drive business and investment forward.

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