EXPERTS Fintech ecosystem sprut gambling business in Africa 4 years ago Iwo Bulski Post Views: 902 Africa over 60% of people in the continent remain unbanked and can’t access the most basic financial services to invest in their life activities and businesses, which limits their full potential. However, nobody should be denied access to participate in the world digital economy, mainly because of their circumstances or background but thanks to the emergence of the FinTech ecosystem in Africa. The ecosystem has stimulated technological innovation, made financial service and system more efficient and improved the overall customer experience, especially the Africa gambling sector. These ecosystems composed of governments, financial institutions, entrepreneurs and software providers in the gambling scene have shown they can energize the broader local economy by attracting talented, ambitious people and becoming a locus of creative thinking and business activity. However, unlike in previous years, the gambling sector lacks clear cut freedom and flexibility to pay in the most convenient and relevant manner. However, the payment structure was rigid, could be frustrating at times; some times, it may require bettors to visit the bookie outlets if a certain amount of money won. Significantly the sector is experiencing an era of digital transformation which has seen more operators consolidating to a mobile-based platform tailored made, to suit customers satisfaction. Thanks to the financial sector which offer mobile financial services, has helped in implementing seamless payment offering that integrates both elements of the traditional and digital method but has offer heightened experience but ultimately increases customer loyalty in the gambling space. Article by Adeleye Awakan About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: ecosystem, FinTech Continue Reading Previous Crypto in Africa: A coming money revolution?Next Why crypto exchange is yet to reach the desired potentials More Stories EXPERTS Top 12 Companies Offering IT Certifications: A Comprehensive Guide to Advancing Your Career 3 hours ago Tools EXPERTS KENYA Gamblers stake Sh620 billion in four years as betting craze rises 4 hours ago Samuel EXPERTS WORLD NEWS Entain To Pay Almost $730 Million To Settle Turkish Bribery Claims 3 days ago Samuel EXPERTS UGANDA iGaming in Africa: An overview 3 days ago Samuel EXPERTS HOT NEWS SOUTH AFRICA Africa’s Digital Future and the Rise of Mobile Gaming 4 days ago Samuel EXPERTS KENYA President Ruto unveils plan to privatise 35 state companies in Kenya 1 week ago Samuel EXPERTS WORLD NEWS Entain ‘remains confident’ but ‘open to constructively addressing’ investor concerns 1 week ago Szarlot EXPERTS KENYA Top 10 African payment trends for 2024 1 week ago Samuel EXPERTS NIGERIA Naira maintains stability in crypto market as Nigerians digest Binance $4.3 billion settlement 1 week ago Samuel EXPERTS NIGERIA Uncategorized Lagos Gambling Regulator LSLGA Issues Ban On Unlicensed Gambling Sites 1 week ago Samuel EXPERTS NIGERIA Nigeria: 15 Years After, Supreme Court Hears Lottery Regulation Dispute March 13 1 week ago Szarlot EXPERTS NIGERIA How Lanre Gbajabiamila is Transforming the Lottery Industry 1 week ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.