Fintech in Africa has witnessed significant growth and dynamism in recent years , driven by a combination of favorable demographics,economic and techniologiclal factors.Between 2017,the number of fintech startups active in the continent increased by 125.2%. To reach 678 ventures, according to the latest edition of Disrupt Africa's finovating for Africa's report.

At the same time, venture capital (VC), financing in sub_saharan Africa for is soaring, growing by a staggering 894% year over year to us$1.6billion in 2024 research by magnitt a platform for VC data in the middle east,Africa Pakistan and Turkey show.

Experts and industry observers predict further growth moving foward.a 2023 report by QED investors project that fintech revenue I Africa can grow 13 fold between 2021 and 2030 .and reach us$65billion . The figure will make Africa the world fastest growing region.