Breakout 1
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Saturday
|
10:15 am
Aldrich 108
Ecosystem Development

Telecoms vs. Fintech Startups: The Race for Financial Innovation

In the realm of Africa's mobile money evolution spanning the last seventeen years, telecom companies initially took the lead, steering growth and diversification. Yet, the narrative is shifting with the rise of fintech startups, who are evolving beyond mobile money infrastructure to value-add services like credit, insurance, savings, and connectivity across global borders. This transition has left telecom companies struggling to keep pace, raising questions about the sustainability of their traditional business models. The pivotal query revolves around whether the market's tilt toward these incremental financial services will challenge the established order. Fintech startups, considered catalysts for this transformation, are nudging telecom companies to revamp their mobile money operations into more agile fintech entities.

Telecoms vs. Fintech Startups: The Race for Financial Innovation

In the realm of Africa's mobile money evolution spanning the last seventeen years, telecom companies initially took the lead, steering growth and diversification. Yet, the narrative is shifting with the rise of fintech startups, who are evolving beyond mobile money infrastructure to value-add services like credit, insurance, savings, and connectivity across global borders. This transition has left telecom companies struggling to keep pace, raising questions about the sustainability of their traditional business models. The pivotal query revolves around whether the market's tilt toward these incremental financial services will challenge the established order. Fintech startups, considered catalysts for this transformation, are nudging telecom companies to revamp their mobile money operations into more agile fintech entities.

America/New_York
Feb 17, 2024 10:15 AM
Aldrich 108

Other Sessions

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Lunches
Saturday
|
12:25 pm
Batten Hives 304
Thematic Lunch: Travel & Tourism
Themed Networking Lunch
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Thematic Lunch: Travel & Tourism

Connect with folks that are interested in travel and tourism in Africa over lunch.

America/New_York
Feb 17, 2024 12:25 PM
Batten Hives 304
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Specials
Saturday
|
10:15 am
Klarman Hall
Reimagining the Africa Growth Story by McKinsey & Company, Africa
Insights from McKinsey's 2023 Reimagining Economic Growth in Africa report
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Reimagining the Africa Growth Story by McKinsey & Company, Africa

Africa’s economy downshifted over the last decade, yet half of its people live in countries that have thrived on the continent. Africa has the human capital and natural resources to accelerate productivity and reimagine its economic growth, which is, more than ever, vital for the welfare of the world. The fireside chat will feature a presentation of key insights from McKinsey Global’ s 2023 Reimagining Economic Growth in Africa report.

America/New_York
Feb 17, 2024 10:15 AM
Klarman Hall
More Info
Lunches
Saturday
|
12:25 pm
Batten HIves 307
Thematic Lunch: Building the Startup/Entrepreneurship Ecosystem
Themed Networking Lunch
More Info

Thematic Lunch: Building the Startup/Entrepreneurship Ecosystem

Connect with folks that are interested in and/or currently building Africa's startup/entrepreneurship ecosystem over lunch.

America/New_York
Feb 17, 2024 12:25 PM
Batten HIves 307