2022-10-29

The opportunity presented by financial technology is too vast for even the most forward-thinking of individuals to grasp. There is a new set of technologies on the rise and they are changing the way we do business. These new technologies are known as fintech and the Business Insider Africa Awards are looking for the most transformative leaders in this space. The Nominations for Business Insider Africa Awards’ Fintech Leader of the Year are now closed. The finalists have been announced and they are all worthy of praise. (See below for the top 10 contenders). The pool of nominees was extremely deep this year with several innovative leaders pushing the boundaries of the industry. After much consideration, here are the top 10 contenders for Business Insider Africa Awards’ Fintech Leader of the Year.

Nominations

There were an incredible number of inspiring nominations for the Business Insider Africa Awards’ Fintech Leader of the Year. The vibrant Fintech ecosystem across the continent was reflected in the large number of submissions. The Nominations for Business Insider Africa Awards’ Fintech Leader of the Year had a total of 10 contenders. The total number of votes was 9,203 with an average of 8.9 out of 10.

The Fintech Leader of the Year competition is just one of the many categories of the Business Insider Africa Awards. The Awards aim to celebrate and leverage on the incredible momentum in the African Fintech ecosystem. This year, the Awards received a record number of Nominations and received an overwhelming response on social media. We encourage readers to check out all the nominees and cast their votes below. Next, we’ll provide a closer look at each of the top 10 contenders and discuss their significance to the Fintech industry.

Skuchain

Skuchain is a blockchain-based service that focuses on the supply chain industry. This industry is especially susceptible to threats such as fraud, tampering, and miscommunication. Skuchain’s distributed network aims to provide a secure and transparent framework for the trading and tracking of goods across the global marketplace. The Skuchain team has experience working in a variety of industries including luxury goods, food and beverage, health, and chemicals.

Gainers

Gainers is a mobile app that allows users to earn cryptocurrency by completing online surveys. Users can choose to be paid in either bitcoin or ethereum. Other than paying users in cryptocurrencies, the app also has a loyalty program where users can earn points that they can exchange for gift cards from Amazon and Uber.

Blockchain

Blockchain is a digital ledger that records transactions across many decentralized computers. This allows users to verify and audit transactions inexpensively and create trust and transparency within the financial system. A great deal of attention has been focused on blockchain recently due to its potential to change the way we do business. While blockchain has a lot to offer, it is important to note that this technology is still in its infancy.

Payments

Payments is an industry that has seen rapid growth over the last decade. This growth has been enabled by technological advancements allowing for faster and cheaper ways to make payments. In recent years, we have seen a large number of fintech ventures target the Payments industry. Some of these ventures have been extremely successful and are now household names.

InsurTech

InsurTech is a relatively new sector of the Fintech industry. It emerged as a response to the large number of fraudulent and inefficient insurance companies in the market. InsurTechs use data analysis to deliver affordable and efficient insurance services. They have proven to be a reliable source of coverage for individuals and businesses that were previously unable to obtain insurance.

Real Estate Tech

Real Estate Tech is another relatively new sector of the Fintech industry. It emerged as a response to the large number of inefficient and antiquated systems in the real estate industry. Real Estate Techs are revolutionizing the way real estate is transacted. They now allow individuals to invest in real estate without having to buy a house or rent an apartment.

AI and Machine Learning

AI and Machine Learning has grown tremendously over the last decade. It has become a well-known buzzword among tech enthusiasts. However, beneath the hype and headlines, this technology is making significant strides across a variety of industries. From personalizing content to improving processes in every industry, AI is having a major impact.

Conclusion