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  • Neo-banks: taking the challenge to a well-established banking sector

    • January 5, 2021
    • Posted by: Alaae Sbai
    • Category: Banking, Economics, Finance & Accounting, Financial Services, Worldwide
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    Neo-banks: taking the challenge to a well-established banking sector

    The global neo and challenger bank market is expected to reach $578 billion by 2027, at a compounded annual growth rate (CAGR) of about 46.5% from 2019 to 2027. However, these fintech firms are still flying under the radar, triggering the attention and interest of millions of customers worldwide. So, what are Neo-Banks, and what

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  • Digital Banking in Africa: Origins and Development Outlook

    • January 16, 2020
    • Posted by: Alaae Sbai
    • Category: Africa, Banking, Blog Category, Central Africa, East Africa, Economics, Finance & Accounting, Financial Services, North Africa, West Africa
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    Digital Banking in Africa: Origins and Development Outlook

    Today, thanks to digital technology, Africa is the second largest banking market in the world in terms of growth and profitability according to a study conducted by the international consulting firm McKinsey and published in February 2018. While in most parts of the world, the banking sector is facing poor performance and sluggish growth, the

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