With the increasing adoption of embedded finance, more and more companies in the world look to increase their capabilities in new markets for their financial transactions. Inswitch understands this reality and that is why we keep growing the coverage of our fintech solutions, adding new payment methods, markets and countries where we can operate. This time it is the turn of Africa, where we have expanded our presence adding five new countries, making a total of fifthteen countries all over the continent. For this growing market, we can offer a range of payment options that cater to the unique needs of African consumers in Botswana, Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Kenya, Mali, Mozambique, Nigeria, Senegal, South Africa, Tanzania, Uganda, Zambia, and Zimbabwe.
One of the main benefits of Inswitch embedded finance platform is that it allows access to financial services through non-financial institutions. We can make any company a fintech company and that means that businesses can offer their customers a wide range of financial products and services, such as insurance, payments, and lending, without having to set up their own financial infrastructure. Inswitch's expansion into Africa will also provide consumers with more choice and convenience when it comes to accessing financial services. Rather than going to a bank or other financial institution, they can now access these services through their favorite businesses and brands. This is specially useful in areas where access to traditional financial institutions is limited, as it allows people to access the financial products and services they need in a more convenient and accessible way.
In addition, our platform provides a solid network of local and international payments through credit cards, banks, cash points, digital wallets, BinancePay, and multi-country payment services, including cross-border ones, among others. These variety of payment methods will cover the diverse needs of African consumers, who may choose among the different options depending on their preferences and financial situation. We help in driving financial inclusion and bring more people into the digital economy, paving the way for a brighter and more prosperous future and innovation in the sector.
Discover our full coverage and payment methods in Africa here: https://www.inswitch.com/network-region/africa
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