Presentation on Ghana's Financial Technology Landscape. Trends and Opportunities. Connecting London,worlds fintech capital to Ghana's fintech scene.Next Bank Accra and UK Investment & Trade Department collaborated on this event.
3. Paul Kwesi Damalie,
Fintech Entrepreneur & Consultant
@pauldamalie |
paul@loystar.co
Co-founder ,Director ,Biz Dev & Operations,Loystar
Chapter Lead, Next Bank Accra
Former Entrepreneur-In-Training , MEST Ghana
Former Banker,Ecobank Ghana
Former Insurance Sales, Unique Life Assurance
4. An independent, open and collaborative
community driving positive change for the
better in financial services through design,
innovation and entrepreneurship.
Conferences | Meetups | workshops
co-founded by a banker,designer,techie,
customer
@nextbankACR
Rob Findlay,
Founder,Next Bank
SVP Experience Design,
DBS Bank,Singapore
22. Major Events
Ghanaian startups since 2012 have been accepted into
major silicon valley accelerators including Dropifi -500
Startups & Plug & Play : Kudobuzz- 500 startups ;
Asoriba - Techstars ; Claimsync-Startupbootcamp
Major exits includes Saya Mobile’s acquisition by New
Jersey based Kirusa and Claimsync acquisition by
Dutch based Genkey
Significant fundraise by online property platform
Meqasa from Digital Frontier Ventures,Malaysia and
VAS provider Rancard’s raise from Intel Capital
Issuing of e-money guidelines by Central bank of
Ghana 2015
23. Trends & Opportunities
1. Mobile wallets are growing and would lay the foundation for
payments growth
2. Banking and Finance executives moving into tech
3. Increase in Institutional investment and collaboration
4. Layered solutions would enable drive of mobile payments
5. Startups are Pan-African in nature
6. Unique fintech themes & Applications eg: Agric fintech Farmable.me
24. Sources
1. Financial inclusion resources: http://finclusion.org/country-pages/ghana-country-page/
2. Bank of Ghana e-money issuers guidelines: http://bit.ly/1qtRJ9d
3. Rancard Raises funds from Intel: http://www.rancard.com/?p=2669
4. Saya mobile joins Kirusa: http://onforb.es/1XgD5wo
5. Dropifi joins 500 startups as first African startup: http://edition.cnn.
com/2013/07/10/tech/web/ghana-dropifi-silicon-valley/
6. Meqasa raises series A from DVF http://www.forbes.
com/sites/mfonobongnsehe/2015/10/28/meqasa-com-of-ghana-raises-500000-
investment
7. Ghana Banking Survey https://www.pwc.com/gh/en/assets/pdf/gh-banking-survey-2014.
pdf
8. Fintech in Africa: http://disrupt-africa.com/2015/11/ghanaian-fintech-startup-zeepay-
raises-200k-partners-airtel-money/