Flocash is delighted to partner Visa to drive SME digitization and digital payment acceptance across Africa.
#flocash#visa#smebusiness#b2bpayments
https://t.co/Sw5hvlXDZF
We are delighted to announce that Flocash is ranked #2 in the FT Africa’s Fastest Growing Companies 2022, recognizing our growth of 5160% over the past 4 years.
A huge thank you to our customers and partners.
https://t.co/re4kNADyvK
Most of these B2B startups are trying to replace middlemen, whose role in the supply chain is to link bigger suppliers and wholesalers to small traders. These intermediaries add cost because they extract a margin on the goods that they buy.
https://t.co/Rn43CtZlg5
Over 30 unicorn founders and CEOs of companies like Flutterwave, DeliveryHero, Klarna and Skype have joined forces to help support new unicorn-potential firms in Africa.
https://t.co/kO9ra9QExQ
Africa could secure tech startup funding of more than $90bn by 2030, if policymakers pursue significant reforms to drive growth, according to a new report from the Tony Blair Institute for Global Change.
https://t.co/WjILNw0baC
Boston Consulting Group estimates the potential market for banks in Sub-Saharan Africa at $500 billion nearly all of it in the form of P2P payments. The firm argues 2 factors make it feasible for banks to take the lead in spite of their lack of expertise. https://t.co/Itb6f0JiAn
The #Africa|n continent has started its own Open Banking journey, and there is more than just some buzz taking place. Head to our Linked-in page to read more bout these exciting opportunity for established #bank|s and emerging #fintech|s to collaborate.
https://t.co/szNctIGidC
Just two months in, #Africa|n tech startups have already raised $1 billion in funding in 2022. And once again, fintech is proving to be the main driver of investment on the continent, with 34 #fintech startups having raised funds.
https://t.co/9dgw8MsWmY
The global payment orchestration market size is projected to reach $5bill by 2027. #payment orchestration is redefining the relationship between merchants and payment services providers. So what is it, why is it relevant and what can Flocash do for you?
https://t.co/aRY1eAvlk9
The emerging markets-focused payments firm has more than tripled its valuation in less than a year to over $3bn after its latest fund-raising.
https://t.co/EQNQuYkVzn
As streaming services reach saturation in developing countries, companies are looking to emerging markets like Sub-Saharan Africa in search of new subscribers. The region offers a potentially lucrative opportunity with increasingly attractive demographics. https://t.co/b2elUvDdcG
Facebook owner Meta has seen the biggest ever stock market loss. Nearly $30bill has also vanished from Zuckerberg's fortune. This came after Meta revealed a decline in Facebook daily users for the first time in the world's biggest social network history. https://t.co/aUD4QXBGb3
Are banks facing up to fintechs and neo banks in Sub Saharan Africa?
We at FloCash are helping banks develop digital banking capabilities to compete and expand in the ever-evolving, fast-changing landscape of financial services in Sub-Saharan Africa.
https://t.co/oQN2KB0via
Global ecommerce sales are expected to reach $7 trillion by 2024, and Sub-Saharan Africa, while lagging behind other regions, shows continuous growth potential, with a 42 percent year-on-year increase from 2019 to 2020. https://t.co/xbuf2lCIHB
Access to financial services having almost doubled in the span of six years, it is safe to assume that more than half of Sub-Saharan Africans have access to financial services. An essential driver of that growth has been agency banking. https://t.co/EwsgmCXVuI
Africa’s Airlines are doing their best to recover from the pandemic effects. Some interesting data in this report of the African Airlines Association (AFRAA) Annual General Assembly.
https://t.co/SGdXw4QGdt
With 15 trillion in mobile payments last year alone, and with elder population tripling by 2050, Chinese older population can't always pay as easy as with cash
https://t.co/tT5id7Jk4g
#fintech#payments#China#mobilemoney
Revolut is poised to become one of the big fintech stories of the last 5 years, now raising a mega round.
https://t.co/gG99X9PGOy
#fintech#payments#unicorn