Sub-Sahara Africa is the favoured region for top fintech companies aimed at improving financial inclusion to operate in, if the names of those listed as part of the Inclusive Fintech 50 initiative is anything to go by.
The initiative — run by MetLife Foundation, Visa, non-profit Accion and World Bank member IFC— aims to recognise the top early-stage fintechs that contribute to financial inclusion around the world.
Fintechs focused on sub-Saharan Africa account for 16, or a third of the 50 companies selected for the list, followed by 20% who say South Asia is their exclusive market.