Africas newest fintech unicorns are winning by keeping their feet on the ground

Image for article Africas newest fintech unicorns are winning by keeping their feet on the ground
News Source : TechCrunch

News Summary

  • TymeBank and Moniepoint are two African fintechs valued at over $1 billion
  • Both are taking a hybrid approach to banking, blending digital with real-world touchpoints
  • Cash remains the most dominant payment method across Africa, accounting for over 90% of all transactions
Africas tech ecosystem just got a boost of attention, with South Africas TymeBank and Nigerias Moniepoint both raising funds in recent weeks at valuations of over $1 billion and joining the coveted u [+8185 chars]

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