Africa-focused Fintechs Raise Nearly $700 Million This Week | In the News

African-focused fintechs raised nearly $700 million in funding rounds for cross-border payments company Zepz and Nigerian mobile payments startup Opay. Governments and central banks in those regions are investing in enhancements to the payment network infrastructure to enable higher degrees of financial inclusion, Ronak Doshi, Vice President at research and consulting firm Everest Group, told Bank Automation News.

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