HOW CAN THE FINTECH REVOLUTION BRIDGE THE FINANCIAL INCLUSION GAP?

The discussion highlights the significant potential for digital banking and payments in Africa, emphasizing the need for digital public infrastructure (DPI) to support financial inclusion. The integration of artificial intelligence (AI) is seen as transformative, particularly in enhancing credit scoring and security measures. The private sector plays a crucial role in collaborating with governments to ensure effective execution of these technologies. Despite infrastructure challenges, there is a massive opportunity for fintech companies to scale and drive economic growth. The conversation also touches on the importance of capital for fintechs to scale, with a positive outlook on attracting investment if businesses are well-structured. The potential for AI to benefit savings and investments, especially for small businesses, is also discussed.