Tech start-ups in Africa raised just over $2 billion in funding in 2021, more than 200% over 2020's funding, with FinTechs securing the lion’s share of those investments. The ecosystem is set to drive innovation and open new opportunities across the continent thanks to advanced payments technology and fast-growing trends like digital currencies. IBSi reporter Gaia Lamperti and Ali Hussein, Chairman of Association of Fintech in Kenya and CEO of Kipochi, discussed the present and future of the payments vertical in Africa.
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