Wednesday, April 8, 2020
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FinTech

Growth in Fintech drives growth in Cyberattacks

Africa’s Fintech sector is booming! According to reports Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have grown to 491 from 301 in 2017, with $132.8 million raised in 2018, making last year the sector’s best year yet – and proving the sector’s readiness given the high mobile phone penetration levels and the boom in mobile financial services and payment technologies.

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