Innovative Financing for Inclusive Credit Fintechs in Africa

This focus note explores innovative financing strategies for reaching inclusive credit fintechs in Africa, particularly those targeting underserved micro and small enterprises (MSEs). These fintechs have the potential to address the estimated US$ 4.9 trillion global credit gap for MSEs.1 However, access to diverse and suitable funding sources remains a critical challenge, especially for early-stage fintechs that are not yet profitable.