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Fintech: Youth-focused neobank Fingo has a solid offering as it eyes Africa growth

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Kenyan fintech startups received $174.2 million (Sh25.2 billion) in funding in the 24 months to July, 2023.  FILE PHOTO | POOL

By  MBUGUA NJIHIA

Financial technology is rapidly transforming the financial services industry in emerging markets.

Companies are using technology to develop innovative payment solutions, digital lending platforms, and mobile banking services, expanding access to financial services for millions excluded from traditional systems.

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