US EditionFintech Mergers Surge in Africa's Digital Payment Drive
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Fintech Mergers Surge in Africa's Digital Payment Drive
Africa’s fintech sector is seeing a surge in deal-making as firms race to dominate the continent’s booming cash transfer and digital payments market, projected to hit US$1.5 trillion by 2030 Fierce competition in Africa’s digital and cross-border payment sector is fuelling a wave of mergers and acquisitions (M&A), as fintech giants, banks, and telcos pursue strategic tie-ups to expand their market share. As rivalry heats up, companies are bettin…
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