Investment into African fintech continues unabated. This time in it’s into a fintech category that was once a forerunner, but in recent years has tapered off in favour of peer-to-peer lending, neo banking and payment platforms. Wave, a Senegalese mobile money provider, have recently become Francophone Africa’s first unicorn (valued at more than $1 billion) and the fifth unicorn across the entire continent. The other four being Interswitch, Fawry,
Francophone Africa's first unicorn
Francophone Africa's first unicorn
Francophone Africa's first unicorn
Investment into African fintech continues unabated. This time in it’s into a fintech category that was once a forerunner, but in recent years has tapered off in favour of peer-to-peer lending, neo banking and payment platforms. Wave, a Senegalese mobile money provider, have recently become Francophone Africa’s first unicorn (valued at more than $1 billion) and the fifth unicorn across the entire continent. The other four being Interswitch, Fawry,