Wednesday, June 7, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News Africa News

South Africa, Kenya, Nigeria & Others Appear on the 1st Global Fintech Ranking

Tech Gist Africa by Tech Gist Africa
12/09/2019
in Africa News, News
0 0
0
FIntech ranking
0
SHARES
Share on FacebookShare on Twitter

South Africa, Kenya, Nigeria, and other African countries have emerged on the 1st Global Fintech Ranking Report by Findexable. The countries were ranked 37th, 42nd, and 52nd respectively. 

The Global fintech Index 2020 Report is a summary of fintech performance in different cities, countries, and continents globally.

Collated by Findexable, The report seeks to track the progress of fintech and provides a benchmark for the success of startups in the fintech sector. It also seeks to track the impact of the automated financial services and to reveal the risks in next-generation finance.


See Also: Naspers Investment arm – Prosus Increases Bid for Just Eat to £5.1 Billion


The report ranked 7000 fintech in 230 cities and 70 countries by measuring the quantity and quality of startups in the area and the environment around where the startups thrive. 

Topping the first 5 places on the global Fintech ranking is the United States, United Kingdom, Singapore, Lithuania, and Switzerland. The Africa continent was pinpointed in the 37th place with South Africa having the first mention. This was followed by Kenya and Nigeria. 

Other African countries like Ghana, Egypt, and Uganda also ranked in the 58th, 60 and 64th position. The report also gave a regional ranking of Fintechs in Africa and the MENA region. Johannesburg was the first city regionally ranked as the 62nd best fintech city in Africa. Lagos and Nairobi followed suite. 

Other notable mentions include Cairo, Tunis, and Kuwait fell behind Tel Aviv and the UAE in the MENA regional ranking. It is imperative to state that the emergence of Africa on the list portrays the continent’s impact in fintech. 

However, there is still a big niche for financial inclusion in the continent as most of its citizens are unbanked and unemployed. It is also imperative for the continent to improve its stride towards financial inclusion as it fully embraces technology.

 

More on TechGist Africa

Safaricom Launches New Investment Project Mali

  • NITDA Introduces Smart Agro Business Platform in Nigeria
  • Cell C Partners Explore Data Science Academy to Train Africa Students
  • 10 African Startups Emerged winners at Seedstars Africa Summit
  • National Communications Authority Fines MTN Ghana over Regulatory Directives

 

ShareTweetShare

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a leading online technology and digital media outlet, dedicated to providing latest tech news, product launch, startup news across Africa and sharing simple social media and digital marketing tips for startups, entrepreneurs and business owners.

Related Posts

Meta has unveiled its Quest 3 virtual reality (VR) and mixed reality (MR) headset
Competition

Nearpays, a Nigerian startup, wins a fintech prize at Gitex Africa

by Tech Gist Africa
06/05/2023
0

Nearpays Technology Limited has won the Supernova Challenge's Fintech and Blockchain category at GITEX Africa in Morocco. Nearpays received a...

Read more
KENYA SOUTH KOREA

Kenya and South Korea sign a memorandum of understanding to facilitate the development of Kenya’s first smart city

06/05/2023
PrestaFreedom Morocco

PrestaFreedom, a startup offering home services in Morocco, has secured US$1.1 million in funding

06/05/2023
Meta has unveiled its Quest 3 virtual reality (VR) and mixed reality (MR) headset

Zofi Cash, a fintech startup in Uganda, has received pre-seed funding of $1 million

06/05/2023
META Quest 3

Meta has unveiled its Quest 3 virtual reality (VR) and mixed reality (MR) headset

06/05/2023
Next Post
Korea Telecom, Safaricom Kenya Launches Safiri Smart USSD for Epidemic Prevention

Korea Telecom, Safaricom Kenya Launches Safiri Smart USSD for Epidemic Prevention

Applications Open for 2020 TechWomen Program

Applications Open for 2020 TechWomen Program

Jiji Raises $21 million to Scale its Business in 5 Africa Market, Jumia Exits Rwanda, Partners Travelstart on its Travel Operations and More

Jiji Raises $21 million to Scale its Business in 5 Africa Market, Jumia Exits Rwanda, Partners Travelstart on its Travel Operations and More

No Result
View All Result

The Big 5

African Banker Awards 2023

The winners of the African Banker Awards for 2023 have been announced

by Tech Gist Africa
06/01/2023
0

...

Egypt Entrepreneur Awards 2023

The third annual Egypt Entrepreneur Awards selected 35 finalists

by Tech Gist Africa
06/01/2023
0

...

ygap South Africa’s accelerator 2023

The ygap South African Accelerator program is now accepting applications

by Tech Gist Africa
06/01/2023
0

...

Regulatory Tech Africa

Analyzing the regulatory climate in several African countries from the perspective of the technology sector

by Tech Gist Africa
05/22/2023
0

...

Africa Food Prize

The $100,000 Africa Food Prize is now accepting applications

by Tech Gist Africa
05/18/2023
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.