The Digital Transformation of Banking - Driving Constructive Economic Outcomes from the FinTech Ecosystem in Africa
Africa’s financial sector is on the verge of yet another expansive revolution. The rapid growth of FinTech on the continent is driving both the disruption and leapfrogging of legacy systems and is further accelerating the digital transformation of financial services across Africa. The major existing banks are rapidly ramping-up their own innovative approaches to meet the financial needs of under-served markets across the continent.
FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services industry. In addition, the leading banks on the continent are now harnessing innovative technology and are also collaborating with FinTech start-ups & innovators to better connect with under-served consumers, improve financial inclusion and provide a platform to scale much faster.
Finnovation Africa: Kenya 2018 is a very different kind of event, a complete reboot, for a very different kind of industry. Deconstructed and shorn of all the usual, tired formats of the traditional convention and built from the ground up as a genuinely new event that is a ground-breaking in its focus as it is in its format and aspiring to be as innovative and transformatiove as the dynamic FinTech market it serves.
Combining a highly innovative and interactive event format with world-class speakers and more than 300 carefully selected participants, Finnovation Africa: Kenya 2018, to be held at the Radisson Blu Nairobi on the 31st of May 2018, will tackle the most pressing questions for the progress of FinTech and the positive transformation of banking in Africa, providing a platform for all stakeholders to engage in creating the future of financial services on the continent – from established banking powerhouses to FinTech start-ups.
Chris PrincipeCEO Chain2Trade, Inc. Publisher FinFuture & Financial IT
A very positive story, if one that is not yet well understood, is unfolding in Africa. New technology, new ideas and new business models are producing new opportunities. The distinctions between telecom services providers, payments services providers and financial institutions are breaking down. In virtually all African countries, there are sufficient numbers of mobile phones ‐ which are not necessarily smartphones ‐ for previously unbanked people to have access to high quality financial services at low cost. Innovative companies are using Blockchain technology and crypto‐currencies to resolve fundamental problems such as lack of access to electricity and lack of access to global financial markets. Finnovation Africa highlights how FinTech is transforming Africa for the better, facilitating payments, boosting financial inclusion and developing new enterprises. However, the conference does much more than that, as it engages key stakeholders to reveal how the entire world is changing. In many ways, Africa is a FinTech leader, rather than a follower.
Konstantin PericDeputy Director Financial Services for the Poor Bill & Melinda Gates Foundation
Speaking at the Finnovation Africa Series: Konstantin Peric, Deputy Director, Financial Services for the Poor at the Bill & Melinda Gates Foundation, said that: “Industry leaders from across the African and global FinTech industry gathered at Finnovation Africa to harness the growing momentum around digital financial services into more inclusive and productive economies across Sub-Saharan Africa.”
Munir DuriCEO Kifiya
Munir Duri, Cheif Executive officer, Kifiya, speaking ahead of his participation in the event, said that: “The FinTech sector is driving disruptive innovation and transforming the financial services landscape across the continent. We look forward to sharing our perspectives on how the rapid growth in the application of financial technology is providing a platform to enable payments and increase access, helping the drive to digital financial services.”
We work tirelessly to move beyond the cliche of making our clients at the heart of everything we do. We engage with our Partners, Speakers, Delegates, Sponsors, Exhibitors and Media Associates to ensure maximum value-added – and always provide that special “human touch” that makes working with Ethico Live! such a successful experience. Here are just some of the international market leaders who have created value by working with us:
Finnovation Africa: Kenya 2018 will gather all stakeholders and inﬂuencers in the African FinTech value chain from the key markets across Africa and internationally and will seek to better align FinTech directions and initiatives in Africa with the strategic economic priorities and requirements of key countries – and provide a roadmap of how the banking and ﬁnancial services industry across the continent can make even greater strides towards a positively transformed future.
But don’t just take our word for it! Hear directly from our clients on how our events have created value for our partners, speakers, delegates, sponsors, exhibitors and media participants: