- East Africa’s Financial Landscape: Key Facts
70% of Population Unbanked
Over 70% of East Africans lack traditional bank accounts, underscoring the need for accessible, digital financial services.
World Leader in Mobile Money
East Africa pioneered mobile money services, with Kenya’s M-Pesa alone serving over 30 million users.
Agriculture-Dependent Economy
Around 65% of East Africans rely on agriculture, creating unique needs for fintech solutions like microloans and weather-based insurance.
High Mobile Penetration
With nearly 85% of the population owning a mobile phone, fintech has a direct channel to reach millions.
Opportunities for Venture Building in East Africa’s Fintech Sector
The region has become a global leader in mobile money and micro-finance, providing fertile ground for further innovations that drive financial inclusion and economic resilience.
With mobile money deeply embedded in the region, expanding digital payment solutions can support small businesses and streamline transactions.
Small loans and microfinance solutions for farmers, entrepreneurs, and SMEs can fuel economic resilience and reduce reliance on traditional banks.
Insurance platforms tailored to agricultural needs and health offer protection against climate risks and medical expenses, improving financial stability.
With a need for affordable, secure cross-border payments, blockchain and cryptocurrencies can provide low-cost alternatives for remittances and savings.
85%
45%
We welcome impact investors and partners interested in driving financial transformation in East Africa. Join us to empower individuals and businesses, and to expand the reach of digital finance.
Case Studies & Emerging Solutions
Explore our success stories to see how we have helped founders overcome challenges and achieve tangible results.
