Paper

Innovative Financing for Inclusive Credit Fintechs in Africa

Inclusive credit fintech has the potential to address the estimated $4.9 trillion global credit gap for micro and small enterprises (MSEs). However, access to diverse and suitable funding sources remains a critical challenge, especially for early-stage fintechs that are not yet profitable.

This focus note explores financing strategies for inclusive credit fintechs in Africa, targeting underserved MSEs. It highlights recent data-driven innovations and relevant case studies. It provides insights into the most crucial knowledge gaps that hinder effective strategy design for the international donor and impact investment community, which is eager to support the digital innovations transforming MSE credit markets.

About this Publication

By David Kruijff, Alexander Sotiriou
Published