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Fintech Innovation of the Year Award

This award acknowledges the transformative power of financial technology in driving economic growth, financial inclusion, and digital transformation.

About the Fintech Innovation of the Year Award

The Fintech Innovation of the Year Award acknowledges and celebrates the transformative power of financial technology in driving economic growth, financial inclusion, and digital transformation. This prestigious accolade recognizes groundbreaking fintech solutions that have revolutionized the financial services industry, providing innovative and accessible financial products and services that cater to the diverse needs of businesses and individuals across Africa.

In an era where digital financial solutions are crucial to bridging gaps and fostering economic development, this award highlights the pivotal role of fintech innovators in reshaping the financial landscape. It honours those who have developed and implemented cutting-edge technologies that enhance financial accessibility, efficiency, and security, thereby contributing to the overall advancement of the digital economy.

Award Criteria

Innovation and Creativity

The fintech solution must demonstrate exceptional innovation and creativity, introducing new and effective ways to deliver financial services and solve existing challenges within the industry.

Impact on Financial Inclusion

The solution should significantly contribute to financial inclusion, making financial services more accessible to underserved and unbanked populations, thereby promoting broader economic participation.

Economic Growth & Development

The fintech innovation should have a measurable impact on economic growth and development, supporting businesses and individuals in achieving financial stability and success.

2024 Awards Timeline

Here is the timeline for the 2024 Africa Tech Festival Awards!

Key information:

  • The shortlist will consist of the top 5 candidates per category and will be subject to a public vote.
  • The top three shortlisted candidates with the most votes from the public will progress to the finals.
  • The finalists will be sent to our expert panel of judges, who will determine the winners.
  • The winners will be announced live at the ceremony in Cape Town on 13 November.

2023 Award Winner

Winner: Mukuru

Mukuru, a leading next-gen fintech company headquartered in Africa, offers affordable and reliable international money transfers and services addressing the broader financial needs of over 13 million customers. Operating in 50+ countries, Mukuru puts customers at the centre of everything they do by serving clients across physical and digital channels, by various payment methods.