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Customers in a banking hall. Traditional banks in Africa can still have an advantage in the ongoing fintech revolution. www.theexchange.africa

In Africa’s Fintech Revolution, traditional banks can still gain advantage

Business

These figures place Africa among the world’s fastest-growing tech countries in terms of VC growth year over year. In Silicon Valley, these figures represent a day and a week. 

The potential that investors and founders are looking for is to bring substantial swathes of Africa’s unbanked population online. 

According to numerous estimates, including The Global Findex Database, Africa has the highest percentage of unbanked people in the world, as well as a considerable number of underbanked SMEs and consumers.…