The hugely successful launch of the Finnovation Africa Series in Uganda in April saw 328 thought leaders, FinTech pioneers, investors, government policymakers and bankers representing the foremost financial institutions from across the continent gather to address how FinTech can contribute to the positive and profitable transformation of financial services in Africa. Against this dynamic backdrop, Ethico Live! is now excited to announce the expansion of the series with the launch of Finnovation Africa: Ethiopia 2017, which will be held on the 3rd of November 2017 at the Radisson Blu Addis Ababa. The event will seek to harness the FinTech revolution to boost strategic economic priorities such as financial inclusion and deepening – and how FinTech can make a positive and profitable difference in Africa.
With a focus on the most significant technologies driving the financial services paradigm shift, including Blockchain & Bitcoin, Open Banking & APIs, Payments innovation and Mobile Money, Finnovation Africa: Ethiopia 2017 also features a number of innovative sessions such as The Wolves’ Den, Founder’s PainPoints, Inside the Investor’s Mind, and live-on-stage interviews with international Finnovators and African FinTech pioneers.
The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make ﬁnancial services more affordable, accessible and profitable across the continent.
Due to their potent blend of trail‐blazing technology and disruptive innovation, FinTech players have the ability to accelerate the digital transformation of financial services in Africa and, in turn, further, spur the major existing banks to rapidly ramp‐up their own innovation initiatives to meet the financial needs of under‐served markets across the continent. FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and the leading banks on the continent are now more urgently seeking to harness technology innovations, collaborate with FinTech start‐ups, and create a platform to scale much faster – to make digital financial services pay.
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