Nomanini and FIBR join forces to host the African Fintech Unconference

Nomanini, together with FIBR, an initiative of The MasterCard Foundation, are hosting the first annual African Fintech Unconference in Accra on March 23rd and 24th, 2017.

20 MARCH 2017
Summary
Nomanini, together with FIBR, an initiative of the Mastercard Foundation, are hosting the first annual African Fintech Unconference in Accra on March 23rd and 24th, 2017. The African Fintech Unconference brings together fintech innovators, banks, telcos, thought leaders and other established financial players in the dynamic fintech sector, to create awareness among the African fintech ecosystem and enable collaboration for smarter partnerships that drive the next wave of fintech innovation in Africa.

The African Fintech Unconference brings together fintech innovators, banks, telcos, thought leaders and other established financial players in the dynamic fintech sector. The Unconference seeks to enable fintech companies to engage in smarter partnerships in a fast-moving industry that is ripe for consolidation in Ghana and across Africa.

The African Fintech Unconference is an event driven by the agenda of African fintech innovators and entrepreneurs, focusing on their reality and challenges -- an event concept that was designed with the African fintech innovator in mind. FIBR brings its network of fintech players that are exploring new, data-driven ways to leverage the trusted business relationships in low income communities to create linkages to financial services. Nomanini brings its 5 years experience in the African fintech industry and more specifically, increasing financial inclusion in informal markets across Africa.

The event will be a space for open dialogue and collaboration. To this point, the African Fintech Unconference will follow a more fluid programme where, after a keynote address and panel discussion, attendees self-organise to share and discuss topics most pertinent to them in an unconference-style setting.

In this way, the African Fintech Unconference aims to create awareness among the African fintech ecosystem and enable collaboration for smarter partnerships that drive the next wave of fintech innovation in Africa.

Keep an out on our social media pages, as well as twitter (@Nomanini, #AFU17) for more information and live updates later this week.

About Nomanini

As the pioneering fintech platform for the informal retail ecosystem, Nomanini connects merchants and distributors to each other and global service providers, integrating payments, working capital, and data analytics to unlock the latent potential of Africa’s economy.

Nomanini turns any mobile device into a retail point-of-sale solution for informal merchants that is connected to an interoperable merchant wallet. The interoperable merchant wallet allows merchants to offer a broad range of digital banking (including cash-in/cash-out), mobile, utility and entertainment services to their customers boosting competitiveness. In turn, digital service providers rapidly increase the scale and reach of their offerings. By generating real-time insights based on transaction data, distributors using the platform gain a single view of their merchant network, ensuring inventory is where it is needed most to improve sales. Distributors can also begin to accept payments for goods electronically, eliminating the risk and inefficiency of collecting cash. With data analytics, Nomanini helps extend working capital loans to merchants via distributors allowing them to invest in inventory to grow their businesses. The increased volume of goods and services set against reduced operational friction increases the profits for all platform participants.

Headquartered in Cape Town and founded in 2011, Nomanini has partnered with Standard Bank Group.

For more information, please visit https://www.nomanini.com

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