Knowledge

Finclusion, a leading fintech in Southern and Eastern Africa, launches Click2Pay.

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Date: 31 July 2021

Finclusion, a leading fintech in Southern and Eastern Africa, has launched Click2Pay, a buy now, pay later (“BNPL”) business model supporting SMEs and other businesses in South Africa.  Traditional credit-card payment is a system that desperately needs innovation as more and more consumers are opting out of interest-heavy purchases. This is pushing South African businesses to find solutions to attract and retain customers, such as the BNPL model. As the pandemic continues to reshape customers’ payments expectations, as well as providing a further spur to e-commerce volumes overall, BNPL is expected to play a vital role, offering a flexible alternative […]

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Investing in African Fintech

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Date: 2 March 2021

In February, Edmund Higenbottam discussed the increasingly broad opportunities for investors in Africa’s fintech sector with African Business. The podcast coincided with the UK-Africa Fintech Summit on February 3-4, 2021. The podcast discussed key recent developments driving investor interest, including the accelerated digitization of the financial services hierarchy, dating back to the launch of M-Pesa in Kenya in 2007. Payments is a natural starting point for digitization, given the lower risk and easier adoption as a platform. Even within payments, there has been layers of advancement; for example, Capricorn Digital of Nigeria has advanced its business model from payment of […]

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