As the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and mortar banks now understand the importance of incorporating digital banking solutions into their financial services to stay afloat.
Bankingly’s entrance into the African market is tailored to solve this problem by enabling inclusivity and financial health equally in Africa with simple and smart digital banking solutions. The South African financial market is one of the largest and its major city Johannesburg is home to leading banks in Africa including Standard Bank Group and Absa Group making it attractive to the growing fintech market.
Bankingly’s solutions are simple but smart. They focus on democratizing people’s access to their money and better services, regardless of their resources or location. They are currently operating in eight African countries: South Africa, Kenya, Ghana, Zambia, Tanzania, Nigeria, Uganda, and Morocco to ensure that financial inclusion reaches all sectors of society.
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