
The Ghana Financial Technology (Fintech) community has called on President Mahama to take swift action in establishing a Fintech fund that will provide essential support to Fintech companies, driving the growth of Ghana’s digital economy.
At the Ghana Fintech Awards in Accra, Joe Jackson, CEO of Dalex Capital, emphasized that the Fintech Fund is crucial for the development and expansion of Fintech companies in the country.
The event underscored the vital role of Fintech in Ghana’s economy and highlighted the need for government backing to accelerate its growth.
Fintech leverages cutting-edge technologies to revolutionize and scale financial services, improving both their delivery and accessibility.
Mr. Jackson also urged Fintech companies to prioritize investments in cybersecurity and capacity building to maintain consumer trust in the sector.
” Fintech allows us to literally work in a 24/ 7 area. It is the enabler for the 24-hour economy. Remember also that fintech is what enables us make payments that is purely possible because there’s a payment system. Remember that the president said he will set up a fintech fund to aid local fintechs. So we are watching the budget to see whether there will be an allocation in the budget for that fintech fund.
So we are watching very carefully.”