RWANDA FINTECH

The word “fintech” is simply a combination of the words “financial” and “technology”. It describes the use of technology to deliver financial services and products to consumers. This could be in the areas of banking, insurance, investing – anything that relates to finance.

WHAT WE DO

Through open cross-platform our fintech ecosystem will help answer people problems. as a strategic enabler Connecting, Enabling, Promoting and creating collaboration opportunities Through Open Banking Accelerator, we help entrepreneurs answer real people problems As a strategic enabler we establish collaboration within the fintech ecosystem.

CONNECT

Connect all stakeholders in the Fintech community locally, regionally and internationally to establish a bridge for the Rwandan Fintech ecosystem and ensure that support systems exist for a more collaborative environment.

CO-CREATE

It will also foster innovation among Association members and the Rwandan Fintech ecosystem; accelerate development of Fintech companies operating in or entering into the Rwandan market, and their subsequent integration and acceleration into the Fintech ecosystem.

PROMOTE THE DEVELOPMENT

New technologies in the field of Fintech, specifically around Crowdfunding and Distributed Ledger Technology, Advocate and support education on these new technologies, Bring together many stakeholders in the Fintech ecosystem locally as well as internationally.

ACCELERATE

Develop a well-structured thought-led engagement channel to accelerate the Fintech community in Rwanda including research, technical, policy formulation reviews; legal and regulatory information and implementation support that affects economic development, diversification and deployment of resources, which ultimately provides opportunities for the industry and its members.

ADVOCATE

Engage with industry players including regulators, legislature, Government agencies and NGO's in policy making to support Fintech innovation and provide feedback to the Fintech community on issues affecting Fintech and Related sectors. It will also represent, align and support common interests by coordinating and catalyzing otherwise individual actions so that the Association can fairly represent the FinTech community.

ENTREPRENEURSHIP

This is where the entrepreneur acquires technical skills and product, market knowledge and develops understanding about appropriate organisational strategies and systems. It is also where, in the course of their work experience they notice market opportunities and identity ways of exploiting them.