Posted on

Breaking Barriers: 30 Inspirational Women Shaping the Future of Fintech in Africa

Breaking Barriers: 30 Inspirational Women Shaping the Future of Fintech in Africa

The fintech space in Africa is growing rapidly, with the sector raising over $1.4 billion in funding in 2022.

Over the years, the region has emerged as a hotbed of innovation and progress, thanks to the relentless efforts of visionary women who are revolutionizing the financial landscape.

 

This growth is being driven by a number of factors, including the increasing availability of mobile internet, the growing middle class, and the need for financial services that are more accessible and affordable.

One can scarcely imagine the African fintech landscape without the tireless contributions of a number of trailblazing women who have helped reshape the narrative of Africa’s technological potential, paving the way for an era of financial prosperity and economic empowerment.

 

These women have shattered glass ceilings and challenged norms, proving that there are no boundaries when it comes to creativity, resilience, and ambition. Their dedication to creating transformative solutions has not only facilitated financial inclusion for millions but also paved the way for sustainable economic growth and social progress.

“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

Empower Africa shines a spotlight on 30 who have fearlessly navigated the fintech realm, paving the way for inclusivity, accessibility, and economic empowerment across the African continent.

1. Nkiru Amadi-Emina – Founder of Pivo

2. Ife Durosinmi-Etti – CEO of Herconomy

3. Oluwatosin Olaseinde – Founder of Money Africa

4. Fara Ashiru Jituboh – Founder of Okra

5. Martha Dali Mghendi-Fisher – Founder of African Women in FinTech & Payments (AWFP)

6. Maelis Carraro – Managing Partner at Catalyst Fund

7. Delila Kidanu – Co-Founder at Koa Technology

8. Odunayo Eweniyi – Co-Founder at PiggyVest

9. Tebogo Mokwena – Founder and CEO of Akiba Digital

10. Nelly Chatue-Diop – Founder of Ejara

11. Tomilola Majekodunmi – Co-Founder/CEO at Bankly

12. Meghan McCormick – CEO & Co-founder of OZÉ

13. Hilda Moraa – Founder & CEO of Pezesha

14. Jess Anuna – Founder & CEO at Klasha

15. Abigail Komu – Okonji – Consultant, Digital, Financial & Gender Inclusion at Mosi Africa Solutions

16. Mariéme Ndiaye – Director, Merchant Sales and Acquiring, West and Central Africa Visa CEMEA

17. Faith Nkatha Gitonga – Board Member, TechnoServe

18. Nika Naghavi – Group Head of Growth at MFS Africa

19. Mélanie Keïta – Climate Fintech Founder & CEO @Melanin Kapital

20. Sharon Karuga Kinyanjui – Principal Consultant, Diaspora Bridges Advisory

21. Zeituna Mustafa – Country Coordinator, United Nations Capital Development Fund (UNCDF)

22. Lebo Mokgabudi – Financial Inclusion @ IFC

23. Patricia Zoundi Epse Yao – Founder,  KIFFPAY-CI

24. Folasade Femi-Lawal – Digital Payment Expert

25. Rose Muturi – Managing Director, East Africa at Branch International

26. Thea Sokolowski – Head of Marketing at Stitch

27. Margaret Ondeng – Product Director @Peach Payments

28. Wachera Muriu – Co-Founder of KopaCent

29. Hayley Hopwood – CRO at Paystack

30. Mariam Cassim – Chief Executive Officer: Financial and Digital Services at Vodacom Group

You may also like...

Posted on

MyCover.ai, a Nigerian startup specializing in insurance technology solutions, has secured $1.25 million to disrupt the traditional insurance industry in Africa

New Investments

MyCover.ai, a Nigerian startup specializing in insurance technology solutions has secured $1.25 million to disrupt the traditional insurance industry in Africa

| Article

The investment was led by prominent venture capital firms led by Ventures Platform Fund, with participation from Founders Factory Africa and Techstars, who are making a follow-on investment.

Founded in 2021, MyCover.ai aims to disrupt the traditional insurance industry in Africa by leveraging cutting-edge technology to provide accessible, transparent, and personalized insurance products to individuals and businesses alike. This recent pre-seed funding will play a crucial role in supporting the startup’s expansion plans and advancing its mission of fostering financial inclusion across the continent.

MyCover.ai’s innovative approach to insurtech centers around harnessing the power of artificial intelligence (AI) and data analytics to create tailored insurance solutions that meet the unique needs of customers. Through their platform, users can easily access a range of insurance products, from health and life coverage to property and auto insurance, all at competitive and affordable rates.

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

You may also like...

Posted on

Egyptian fintech startup Flash has raised $6 million in seed funding to expand its product offerings and accelerate its growth in Egypt and beyond

New Investments

Egyptian fintech startup Flash has raised $6 million in seed funding to expand its product offerings and accelerate its growth in Egypt and beyond

| Article

The investment round was led by Addition Capital , a venture capital firm headed by former Tiger Global executive Lee Fixel, Flourish Ventures and strategic angel investors.

Founded in 2021, Flash offers cashless payment solutions through its scan-and-pay service, allowing consumers and businesses to make transactions conveniently using QR codes. The startup is on a mission to eliminate the need for cash and physical cards, providing an alternative to expensive NFC-enabled point-of-sale (POS) systems.

Flash’s flagship product is a mobile app that allows users to make and receive cashless payments at merchants across Egypt. Flash also offers a variety of other financial services, including loans, savings accounts, and insurance. With the new funding, Flash plans to expand its product offerings and accelerate its growth in Egypt and beyond. The company plans to launch new lending, savings, and insurance products.

Share :

“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

You may also like...

Ndidi, Nnoli-Edozien

Ndidi Nnoli-Edozien is a Nigerian social entrepreneur and corporate sustainability and responsibility expert and Bottom of the Pyramid empowerment advocate.

Read More »
Posted on

MaxAB: The trailblazing Egyptian startup revolutionizing supply chains and empowering retailers

StartUp Spotlight

MaxAB: The trailblazing Egyptian startup revolutionizing supply chains and empowering retailers.

| Article

MaxAB, short for Maximum Aspiration, is a cutting-edge Egyptian startup founded in 2018.

Based in Cairo, MaxAB was established with a vision to disrupt the traditional supply chain model and optimize the way essential products reach retailers across the country. MaxAB operates as a business-to-business (B2B) e-commerce platform, leveraging technology to transform the wholesale market landscape.

 

MaxAB’s mission is to provide small and medium-sized retailers convenient access to a vast range of products while empowering them to thrive in a dynamic marketplace. By leveraging technology and data-driven insights, MaxAB aims to revolutionize supply chains, streamline operations, and improve the overall efficiency of the retail ecosystem in Egypt.

 

MaxAB’s commitment to transforming supply chains and empowering retailers has not gone unnoticed. Their innovative approach and remarkable achievements have garnered recognition and praise both locally and internationally. By revolutionizing the retail landscape in Egypt, MaxAB is making a lasting impact on the economy, empowering entrepreneurs, and improving the lives of countless individuals.

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

You may also like...

Posted on

Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding

New Investments

Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding

| Article

Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding.

The funding will be instrumental in scaling the startup’s AI-powered real estate platform, which leverages advanced technologies to streamline property transactions and deliver a seamless property search experience. The investment round attracted notable investors, including Azur Innovation Management Fund, MITC Capital – Maroc Numeric Fund Fund II, and beenok, an international investment fund.

 

Founded in 2021, Agenz incorporates artificial intelligence, machine learning, and data analytics to provide valuable insights and personalized recommendations to property professionals and prospective buyers. Agenz aims to simplify and optimize the property search process, making it more efficient, transparent, and user-friendly. Agenz’s AI-powered platform offers a range of features and benefits to property professionals and individuals seeking their dream homes.

 

The platform enables real estate agents to efficiently manage their property listings, automate tedious administrative tasks, and gain valuable market insights to better serve their clients. Agenz’s ambitious plans to scale its AI-powered real estate platform align with Morocco’s growing proptech landscape and the increasing demand for digital solutions in the property market.

Share :

You may also like...

Posted on

Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding

New Investments

Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding

| Article

Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding

The round was led by Amsterdam-based No Such Ventures, with participation from APX, Golden Egg Check, and Future of Learning Fund. Founded in 2020 by Sunkanmi Ola, Seun Owolabi, and Abel Agoi, the platform connects communities with global companies, helping to derisk the process of hiring remote talent from emerging markets, particularly in Africa.

 

Propel plans to use the investment to drive the roll-out and adoption of its community-as-a-service platform. Propel’s platform is currently used by over 100 communities in Africa and the Middle East. The company has seen strong growth in recent months, with the number of job postings on its platform increasing by 300%.

With this latest funding, Propel is well-positioned to continue its growth and become a leading platform for connecting communities with global companies.

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

You may also like...

Posted on

Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana

New Investments

Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana

| Article

Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana.

The investment will enable Moove to enhance its presence in the Ghanaian market, further revolutionizing the mobility sector and providing accessible and convenient transportation solutions to individuals and businesses. The innovative business model of Moove combines mobility solutions with fintech capabilities, providing affordable and reliable transportation options to individuals and businesses.

 

Leveraging technology and data analytics, Moove aims to bridge the transportation gap and revolutionize the mobility landscape in emerging markets. With the new funding from Absa Corporate and Investment Banking (CIB), Moove plans to expand its vehicle fleet in Ghana, allowing more people to benefit from its efficient and convenient transportation services.

The investment will enable the company to meet the growing demand for mobility solutions in Ghana and enhance its operational capacity to serve a wider customer base.

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

You may also like...

Posted on

From Fields to Smartphones: How Farmerline is Revolutionizing Farming In Africa Through Tech

StartUp Spotlight

From Fields to Smartphones: How Farmerline is Revolutionizing Farming In Africa Through Tech

| Article

In this week’s edition of the startup spotlight, we feature Ghanaian ag-tech startup, Farmerline.

Farmerline is a trailblazing company dedicated to empowering African farmers through innovative technology and sustainable solutions.

Founded in 2013, Farmerline is on a mission to create a world where all farmers have access to vital information, resources, and opportunities, enabling them to improve their livelihoods and build sustainable agricultural practices.

The primary mission of Farmerline is to leverage technology to deliver vital agricultural information and services directly to farmers, particularly in underserved rural communities.

By harnessing the power of mobile technology and data-driven solutions, Farmerline aims to bridge the knowledge and information gap that often hinders farmers from optimizing their productivity and profitability.

Farmerline has developed a user-friendly mobile application that enables farmers to access a wide range of information, including weather forecasts, crop management techniques, market prices, and financial insights.

This application serves as a digital hub for farmers, equipping them with real-time knowledge and enabling them to make informed decisions.

The ag-tech startup has also established a robust data collection and analytics platform, enabling them to gather valuable insights into farmers’ behaviors, needs, and challenges.

This data-driven approach helps identify trends, optimize interventions, and tailor solutions to specific contexts, ultimately driving more significant impact and scalability.

Share :

You may also like...

Posted on

AI company Flapmax launches program to help African startups scale up and raise capital

Key Developments

AI company Flapmax launches program to help African startups scale up and raise capital

| Article

Flapmax, a pan-African technology company, has launched the second edition of its Fast Accelerator Program designed to empower African startups.

The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.

The program will be delivered by a team of experienced entrepreneurs and investors, including Flapmax CEO and Founder, Femi Kuteyi.

Participants will learn how to build and scale their businesses, as well as how to raise capital. They will also have the opportunity to pitch their businesses to a panel of investors at the end of the program.

Founded in 2016, Flapmax is on a mission to empower Africans to achieve their full potential through technology.

Headquartered in Lagos, Nigeria, the company has raised over $10 million in funding from investors such as Y Combinator, 500 Startups, and Golden Gate Ventures.

The launch of the Flapmax Fast Accelerator Program is a significant development for the African startup ecosystem.

The program provides startups with the opportunity to learn from experienced entrepreneurs and investors, as well as to access much-needed investment opportunities.

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

You may also like...