Last week Lendable was in NYC for the Financial Technology Partners / FT Partners Fintech in Africa Conference. Our CEO Chris Wehbe shared the stage with IFC - International Finance Corporation's Andi Dervishi and QED Investors' Gbenga Ajayi to discuss our experience delivering growth capital to African fintechs. We are excited to continue supporting the growth of this flourishing ecosystem which is now attracting the attention of wider global capital pools. Despite macro-headwinds and a challenging fundraising environment, Lendable continues to be active in the market, scaling market leaders across multiple #fintech segments. We continue to see #digitization as fundamental to breaking the barriers of perceived risk in Africa, and key to delivering on its return potential to global investors.
Lendable’s Post
More Relevant Posts
-
Reflecting on #AFSIC in London (9-10 October) - the energy about Africa's opportunities was palpable. #Fintech is my own 'wheelhouse' and is continuing to see continued VC investment (apparently VC funding still growing by >25%). Valuations are more realistic, and I'm pleased to see the ICO bubble has burst. Investors are interested more on good route-to-market and distribution partnerships than pure innovation. Traction metrics are early-stage KPI's, and African countries have large populations that should provide good test-beds to assess product-market fit. Some valid concerns exist about the quality of governance, which should be the focus of the senior team for all start-ups once they get post-revenue. I'm also seeing some patience from investors with the time it takes to get to viability, and the resilience needed by #founders. I presented some information about the progress made by our MinitMoney remittance service, and out mission to help people get money home quickly and affordably.
-
-
70% of the world’s mobile money transactions occurred in Sub-Saharan Africa. In 2022, the African fintech space attracted 39% of the $ 6.5 billion African venture capital pool. This reaffirms the unwavering confidence of global investors in the boundless potential of this sector, and we believe African fintech innovators are just getting started. Learn more about our fintech companies here:https://bit.ly/hcafintech . #fintech #fintechinnovation #portfoliocompanies #venturecapital
-
-
📊 PitchBook's recent report highlights the strong performance of emerging VC managers. Over the past decade, these emerging firms have consistently outperformed experienced players, offering lower downside risk. This trend is particularly favorable for sector-specific funds. At Equitable Ventures, our new initiative focuses on Africa's immense fintech potential and thus is completely aligned with those conclusion. 🌍🚀 #VentureCapital #AfricanFintech #emergingmanagers The full report here: https://lnkd.in/eDNtuYtA
-
-
iCapital is excited to be sponsoring the upcoming Markets Group ALTSLA in Los Angeles this week. Jon Simblist is hosting a roundtable, "Democratization of Alternatives, and the Role Fintech Platforms Play in Increasing Adoption in the Private Wealth Channel" on March 19. Our team is looking forward to speaking with advisors, talking about alternative investments, and sharing how our platform can progress their goals. #CFASocietyLosAngeles #CAIAAssociation #CalALTS #ALTSLA #ALTSLA24 #MarketsGroup #alternativeinvestments
-
-
Next week on April 24th, our CEO for Asia, Julien Le Noble, will be taking the stage at Money20/20 #Asia. Don't miss his session on how leveraging #embeddedfinance for micro-investing, GTN enables established fintechs and new entrants with innovative solutions to expand their reach and empower a wider audience. #Fintech #APAC #investing #wealthmanagement #multiasset
-
-
“Many financial institutions in emerging economies, particularly in Africa, rely on branch models to serve micro and small entrepreneurs. ADTx’s objective is to help these institutions reduce their costs, improve the customer experience, and extend their reach through digital channels.” Our Njord Andrewes shares how the Accion Digital Transformation Fund aims to boost inclusive finance through digital technology with Christelle Marot in Africa Business Plus (paywall):
-
Chumz.io your efforts and innovative solutions in the fintech are truly commendable. It's inspiring to witness your steady growth and success. Innovation is crucial in the finance industry, driving transformation and staying competitive. Benefits including: 1. Enhanced Customer Experience 2. Increased Security 3. Operational Efficiency and 4. Financial Inclusion #Finance #Innovation #Fintech #CustomerExperience #Security #Efficiency #FinancialInclusion
With Chumz now part of Safaricom Sparkfund, we're teaming up with Safaricom PLC and M-PESA Africa to enhance your experience, aiming for reduced transaction charges and market expansion. Check out our CEO sharing his expectations from the collaboration in the Safaricom Sparkfund launch video below: #fintech #techkenya #chumz
-
I am so proud that our fintech Good Lioness has won 2024 Fintech Best Investment Tech! Good Lioness uses proprietary algorithms to deliver Risk Optimised Adjusted Returns (ROAR) and Goal Oriented Optimised Diversification (GOOD) to substantially enhance investment performance. Thank you Business Awards UK for the recognition. #investmentgoals #investmentstrategy #investmentportfolio #BAUK #fintech #investment
-
