Africa Fintech Summit Washington D.C. 2022 – – The place African and International Fintech Stakeholders Met in April

On April 21, 2022, African and world fintech stakeholders gathered on the Ronald Reagan Constructing and Worldwide Commerce Heart for the seventh version of the Africa Fintech Summit. The bi-annual occasion returned to Washington D.C. for the primary time in three years following a digital summit in 2020 and a hybrid occasion in Cairo in 2021.

Like each April version earlier than it, #AFTSDC2022 was scheduled to carry in the course of the World Financial institution/IFC Spring assembly. This introduced the summit with the chance to host fintech leaders already on the town for the World Financial institution occasion alongside attendees billed to be on the fintech summit.

Additional, the U.S.-Africa funding relationship meant {that a} summit in D.C. would join African entrepreneurs with a few of the U.S. traders chargeable for 62% of the highest twenty funding offers in Africa in 2021.

The principle occasion kicked off with a keynote handle by Deniece Laurent-Mantey, Director for Africa, White Home Safety Council. In line with the occasion’s theme centered round development and growth traits in Africa’s fintech trade, Ms. Laurent-Mantey touched on the potential for Africa’s know-how trade to thrive within the coming years. In her phrases, this potential is limitless as a result of “we’re within the midst of an unprecedented revolution within the digital know-how – one which is impacting each sector of the economic system and social life, bringing individuals and nations nearer collectively, and making the world a real world village.”

Following Ms. Laurent-Mantey’s keynote, varied panel periods took the higher a part of the day. There have been 16 insights-driven periods centered on fintech hotspots, together with embedded finance, funding traits within the trade, web3 and cryptocurrency, diaspora banking and remittances, fintech regulatory greatest practices, the way forward for banking, and extra.

The expert-led discussions noticed participation from over 60 audio system and panelists from throughout the fintech worth chain, together with Mike Ogbalu, the CEO of the Pan-African Fee and Settlement System (PAPPS), Omosalewa Adeyemi, International Head of Partnerships and Growth, Flutterwave, Tosin Eniolorunda, CEO TeamApt, Ray Youssef, CEO and Co-Founder, Paxful, Odunayo Eweniyi, Co-Founder & COO, Piggyvest, and others.

Attendees additionally obtained the possibility to take part in two insightful workshops. The primary, “PR for founders” was hosted by PR firm, InsiderPR, and Pavestones, a legislation agency primarily based in Nigeria, coordinated the second session tagged “Navigating Licensing and Regulation in Nigeria.”

The highlight the conversations positioned on fintech in Africa was additional intensified by an Excellence in Fintech award ceremony that acknowledged main gamers in Africa’s tech ecosystem for his or her contributions to the continent’s know-how trade and economic system. This is the total listing of awardees:

Excellence in Fintech-Banking Relationships – EcoBank

Excellence in Fintech funding – Future Africa

Excellence in Cryptocurrency – Paxful

Excellence in Blockchain Know-how – Appzone Group

Excellence in Ecosystem Analysis – Briter Bridges

Excellence in Cross-border Options – PAPSS

Excellence in Digital Banking – TeamApt

Excellence in Financial savings and InvestTech – PiggyVest

Excellence in Funds – Paystack

Excellence in InsurTech – Turaco

Excellence in Fintech and Lending – Payhippo

Excellence in Embedded Fintech – Cellulant

Excellence in Fintech Infrastructure – Flutterwave

Excellence in TradeTech – AFEX

The occasion concluded with the New Enterprise Competitors, a pitching session organized in collaboration with IBM. It noticed six African founders pitch their startups to a panel of judges. Utilizing the analysis of the judges and a web-based ballot hosted on the digital streaming app, Hio Sola-Usidame, founder and CEO of OnePort 365, was declared the winner. He can be collaborating in IBM’s Hyper Challenge Accelerator.

The post-event reception introduced attendees with the proper alternative to solidify the connections made all by the day and on the pre-event VIP dinner that was held on the twentieth on the rooftop of Resort Washington. It proved a becoming method to finish an occasion that had completed all the pieces from exploring the intriguing information and figures behind Africa’s thrilling fintech house to connecting innovators with potential collaborators and traders.

The following version of the Africa Fintech Summit will probably be held this November in Cape City, South Africa. The organizers will talk additional particulars quickly.

Distributed by African Media Company in partnership with Africa Fintech Summit.

About Africa Fintech Summit

Africa Fintech Summit is a worldwide knowledge-sharing platform that connects innovators, regulators, entrepreneurs and facilitates conversations and partnerships that assist them discover monetary know-how options to enhance African people, economies and societies. Twice a 12 months, the summit holds in Washington D.C. and a specific African nation and sees stakeholders from all over the world assemble to chart a progressive course for fintech in Africa by mobilizing investments, hashing out enabling insurance policies, and sharing development methods.