African banks have been late to the fintech party, but after leaving huge swaths of the population to get their financial services from telcos (most famously Safaricom’s M-Pesa in Kenya), banks here are increasingly seeing the continent as a testing ground for new financial technologies like bitcoin and the blockchain. “You have a headwind from Silicon Valley and Europe blowing into Africa now around the disruption in fintech. The banks are really nervous and they want to get ahead of this,” says Mbwana Alliy, managing partner at African technology venture firm, the Savannah Fund. Blockchain is the hot topic at …
Africa’s big banks are betting on fintech startups and bitcoin to beat disruption
More of Today's Solutions
These 3 strategies will help you train your mind to be more positive
When something goes wrong at work, it’s normal to take that negative experience and hold onto it for the rest of the day— or ...
Read MoreGermany is turning 62 Cold War military bases into sanctuaries for wildlife
Wildlife in Germany will get a quarter more land to roam over, as the country’s government has decided to turn 62 unused military bases ...
Read MoreDon’t feed bread to ducks! Here’s what to serve instead
BY THE OPTIMIST DAILY EDITORIAL TEAM When venturing out into the Great Outdoors, it’s important never to feed the wildlife because they can become ...
Read MoreAttention lazy gardeners! Why doing less can boost butterfly populations in y...
A recent scientific study published in the journal Science of the Total Environment demonstrates that a small change in lawn maintenance habits can have ...
Read More
