Tag: Fintechs

The ecosystem in Côte d’Ivoire comprises 37 FinTechs alongside 18 enablers and funding partners. Inclusive FinTechs catalyze financial inclusion by providing convenience and ease of use of products and services. They represent a new paradigm of design and implementation strategies for financial inclusion. However, they also pose new challenges.

The DRC offers massive market potential for nascent technology start-ups. The political environment supports innovation, entrepreneurship, and digital services. The objective of the National Digital Plan is to drive a vibrant market and improve infrastructure to accelerate opportunities to drive financial inclusion.

Mali is a frontier market for FinTechs. The ecosystem comprises 18 FinTechs, 11 enablers funding partners. The Malian Government understands the need to strengthen the entrepreneurship ecosystem. It is in the process of creating policies to utilize digital solutions. This will require investment in skills, education, and support of the startup sector backed with strong mentors.

The blog analyzes the impact of the COVID-19 on two major categories of FinTechs—credit and savings FinTechs. We analyze the immediate impact of the pandemic and the ensuing regulatory changes on FinTechs along with some long-term changes in consumer behavior that can have a systemic adverse impact. We close by recommending data-driven measures that credit and savings FinTechs should take today to control and arrest such adverse changes in consumer behavior.

This blog is the second in this series and covers the AgTech landscape in India, illustrates AgTech offerings across the agri value chain, and highlights the three key challenges that limit their growth.

This blog, the third and final piece in this series, focuses on partnerships between AgTechs and financial institutions to improve access to finance for farmers. It also offers recommendations to improve the AgTech ecosystem in India.