Africa
The continent that leads the world in mobile money adoption.
EBANX currently covers nine markets in the region:
the big three
other prominent markets
Africa has emerged as a window of opportunities
The continent is about to experience the next lavish surge of innovation. Due to the lack of formal financial services, the fintech sector has boomed in Africa in recent years. Compensating for the low credit card ownership in the region, several startups launched new digital payment solutions, such as mobile money, which are more accessible than formal financial services.
Mobile money allows African customers to receive, deposit, and send money using a virtual wallet on a mobile phone.
5 things you should know about the continent
South Africa
The dominant player in digital commerce
The fastest-growing African digital commerce player is experiencing a substantial digital behavior maturation; meanwhile, digital payments are becoming increasingly common in the country.
Why consider South Africa
Kenya
Where cross-border digital sales drive growth
The country has been showing aggressive development in digital commerce and has successfully established itself as a diverse and dynamic economy.
Why consider Kenya
Nigeria
Africa's wealthiest economy
The wealthiest economy in Africa is also one of the largest digital markets, thanks to one of the best network coverages and good infrastructure for mobile connectivity on the whole continent.
Why consider Nigeria
Unleash Africa's potential
Expanding to African countries where digital commerce is constantly growing and developing, means unlocking a market with millions of buyers willing to pay for products and services from global players.