How Fintech apps are changing the way Africa's creative classes make money

Fintech apps are accessible and easy to use, and they are available on smartphone browsers, tablets, and laptops. The app’s mobile interface is simple and user-friendly, making it easy for anyone in Africa with an internet connection to use these apps. Modern Fintech apps let you do more than send or save money and have more advanced features. Apps like Carbon push instant notifications when you send money and when the recipient receives the funds. For 25-year-old Femi, the fintech company Cowrywise helps him focus on his savings goals. In May 2022, banks in Nigeria, including United Bank of Africa, Stanbic IBTC, and Zenith Bank, reduced the monthly dollar spending limit to $20. And they've never had to work hard to find information or learn new skills — everything they need is always just a click away. Goldie Iyamu is a passionate Pan-African entrepreneur and marketing campaign manager based in Lagos, Nigeria. (Business Insider Africa). Continue reading.

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