Fintech

Fintech in Africa comprises 35% of millionaire startups

Fintech companies had the most million-dollar West African startups over the past decade.

In recent years, the West African startup space has expanded considerably so much that startups raised at least $ 1 million cumulatively in the last decade.

It can be rescued that fintech companies constituted at least 35% of MWAS.

This phenomenon exemplifies the global focus on fintech companies. In 2019 alone, fintech companies around the world raised $ 36 billion, and Africa accounted for $ 460 million.

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