Finnovation Kenya Fintech Africa Image

Press Release: Finnovation, Nairobi, Kenya. The FinTech space in Africa is witnessing rapid growth as innovative new financial services players disrupt the traditional modalities of banking across the continent.

Finnovation Africa: Kenya 2018, which will be held on the 31st of May 2018 at the Radisson Blu Nairobi, will gather international FinTech experts together with African pioneers, investors, government policymakers, entrepreneurs and leading bankers to harness the FinTech revolution to boost strategic economic priorities such as financial inclusion – and how FinTech can make a positive and profitable difference in Africa. The event will also explore how the major banks and financial institutions on the continent are addressing the digital transformation of financial services and how their own digital innovations are being shaped and accelerated as a result of the gathering momentum of FinTech disruptors.

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalizing on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent. Finnovation Kenya 2018 is delighted to welcome a stellar list of keynote speakers, including Paul Muthaura, CEO of Capital Markets Authority Kenya; Dave Van Niekerk, Founder and Executive Chairman of MyBucks; Aaron Fu, Managing Partner, MEST; Jeremy Awori, Managing Director of Barclays Bank Kenya Ltd; and Declan Magero, Founding Partner, Afrinet Capital. The opening keynote session will define directions on Aligning the Role of Government Policymakers, Banks, FinTech Innovators, Investors, Multilateral Agencies, MNOs and the Private Sector to Advance the FinTech Ecosystem in Africa.

Paul Muthaura, CEO of Capital Markets Authority Kenya Ltd, speaking ahead of his participation in the event, said that: “Kenya has rapidly become an internationally recognized pace-setter for FinTech innovation as global players increasingly look to learn lessons especially in areas where the country has built world-class capabilities such as in mobile money. We have built a supporting infrastructure and are strengthening our regulatory framework to foster FinTech innovation and drive capital market activity to the next level. The Authority is at an advanced stage of implementing a Regulatory Sandbox to provide a safe space for innovative ideas to transition into the regulated environment. Across emerging markets, and particularly in Africa where there is an absence of the legacy infrastructure found in most developed economies, Fintech presents a transformational opportunity to leapfrog traditional costs and time delays in rolling out world class financial services infrastructure, products, services and distributions channels. The pioneers and experts gathering at Finnovation Kenya 2018 will provide critical insights on this exciting journey.”

Finnovation Kenya 2018 will also provide a platform to connect innovative start-ups with leading investors in the African FinTech space and the Wolves’ Den session is one of the most dynamic features of the event. The Wolves’ Den enables innovative FinTech start-ups and trail-blazers to real-time test the positive impact of their solutions. A panel representing savvy Investors/Venture Capitalists and seasoned African Fintech Pioneers will evaluate the business model of each chosen start‐up or trail‐blazer in a high-stress 10-minute “elevator pitch” to the “Wolves” who will ask the tough questions and provide the illuminating insights.

Speaking ahead of his participation in Finnovation Kenya 2018, Dave Van Niekerk, CEO of MyBucks, said that: “The global microfinance, retail banking, and credit landscape has long required a revolution and this rapid and dramatic change, with financial inclusion at its heart, is already well underway. FinTech innovations are enabling

the distribution of financial products at competitive pricing, providing the basis to rapidly scale-up as well as effectively manage credit risk. Incumbent financial institutions will eventually be forced to embrace this

technology to acquire clients, determine risk and retain clients, effectively closing the divide between FinTech and traditional finance organizations. The Finnovation Kenya 2018 event will create a powerful platform for start-ups and trail-blazers, to understand the broader ecosystem as well as for incumbent Financial powerhouses from across Africa to engage and learn from each other.”

Further emphasizing the importance of the development of the FinTech ecosystem to economies across Africa, Sunny Walia, General Manager for Visa East Africa, said that: “With just 17% of people in Africa having access to formal financial services, almost a third of funding raised by African startups in 2017 was in the fintech sector. Venture funding for African startups jumped by 51% to $195 million in 2017. And so, with over a hundred million dollars invested over the past ten years alone, the region’s Fintech industry is on the brink of a transformative breakthrough. At Visa, we believe the time is ripe to bring together its brightest minds and work on the next big idea in payments technology. With a clear goal of enabling cashless economies and financial inclusion, Visa is committed to fostering an entrepreneurial spirit and driving innovation in its payments landscape.”
Mr. Walia continued by saying, “To this end, we at Visa announced that its Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow and further enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners, will expand into the Sub-Saharan Africa (SSA) region. Entrants in the first-ever Sub-Sahara Visa’s Everywhere Initiative (VEI) will have the opportunity to compete for a chance to win up to USD 50,000, access to Visa’s products and services, expert mentorship and support from Visa and exposure to key Visa partners and clients.
To date, the program has had nearly 2,100 participating start-ups across North America, Latin America, Europe, Asia Pacific, Africa and the Middle East. Today, I am keen to participate in Finnovation Kenya 2018 to help shape the dialogue around the next steps on how banks and fintech players can collaborate with Visa to transform economies across the continent”

From the perspective of a leading banker, Jeremy Awori, Managing Director of Barclays Bank of Kenya Ltd, reinforced that “the rapid growth of FinTech on the continent is driving both the disruption and leapfrogging of legacy systems and is further accelerating the digital transformation of financial services across Africa.

As a bank, our innovation and digitization agenda is in top gear and is aimed at moving the bulk of transactions to channels such as mobile banking, Internet banking, and agency banking in order to increase customer convenience. We have recently launched our pioneer virtual banking proposition, Timiza, which offers our customers a platform to conduct their financial transactions ranging from borrowing, saving, bill payments and funds transfer etc from the comfort of their mobile phones.

I look forward to participating in Finnovation Kenya 2018 and engaging with FinTech pioneers from across the continent to address how FinTech is contributing to the positive transformation of financial services in Africa.”

Finnovation Africa: Kenya 2018 will take place at the Radisson Blu in Nairobi, Kenya on the 31st of May 2018 and will gather all stakeholders and influencers in the African FinTech ecosystem, from innovative start-ups to banking powerhouses, representing the key markets across Africa and internationally.

Ethico Live Limited UK is an international trade & investment nexus that focuses on the digital transformation of financial services and the role that Fintech is playing in driving positive and profitable change through blockchain, AI, mobile money, finclusion, ethical finance/Islamic banking, payments, and data-driven innovations. We support our clients who are transforming the global financial markets through our high-profile engagement platforms that connect investors, government policymakers, bankers and game-changing start-ups from across the Middle East and Asia – with a special focus on the exciting high-growth markets of Africa.

For further details, please contact:

Sanay Lalwani, Media & Marketing Lead: Finnovation at Ethico Live:

[email protected]

www.finnovationworld.com

Contact No – +91 90245 26133, +91 124 418 2794/5

Finnovation Kenya Fintech Africa speakers

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Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

Electrum Publishes Proof “Electrum Pro” is Bitcoin Stealing Malware
Via Twitter yesterday, Electrum promised to publish proof that “Electrum Pro” is bitcoin stealing malware. This morning they published their proof on Github. Members of the community are advising if you used this software to move your coins now. BlockExplorer writer Armin Davis independently verified these claims.

ICO Competition With The Highest Prize Ever
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Microsoft is Serious About Blockchain With Major Announcements and PRs
Despite the recent negative statements made by Bill Gates about Bitcoin, Microsoft’s interest in blockchain has been growing. Take this Microsoft Azure press release for example, “Simplifying blockchain app development with Azure Blockchain Workbench“. Microsoft’s Azure team is also now participating in NY Blockchain Week, according to WeTalkCoins.com.

Facebook’s New Blockchain Team Will Be Led by Coinbase Board Member David Marcus
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Image courtesy of Carty Sewill, http://cartyisme.com/

BlockExplorer is pleased to announce that we will be attending the 4th annual FinTech Canada Conference (http://www.fintechcanada.com/) as a media partner.  FinTech Canada will be held in Toronto on August 16, 2018.

FinTech Canada is hosted by the Digital Finance Institute (http://www.digitalfinanceinstitute.org).  The event celebrates Canada’s leadership in the FinTech field and brings together global thought leaders in Financial Technology to advance the dialogue on the global FinTech revolution.

This year, attendees can expect to hear speakers covering the latest developments in FinTech, exploring the global impact of blockchain & digital currencies and discussing how to scale up a business from startup to global success.   More details will be added as information becomes available.

Please register for Canada’s 4th Annual National FinTech Conference at www.fintechcanada.com. We look forward to seeing you at the the MaRS Discovery District in Toronto on August 16, 2018!

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News Bytes for May 3, 2018

Use our news to inform cryptocurrency trading decisions, stay up-to-date on happenings in the industry, and more!

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BIS London

Blockchain International Show London: Largest Cryptocurrency Event in Europe

On June 6-7, London will see Blockchain International Show, major large-scale cryptocurrency event in Europe.

What is waiting for you?

  • Two days of experts’ presentations and major corporations’ developments
  • 60 speakers from all over the world
  • 100 exhibitors
  • 2000 participants

The event will be held for two days and will consist of two parallel sections, one dedicated to financial and regulatory questions, and another – to developments, tokenization, and ICOs.

Top-level experts from all around the world will provide their presentations in two conference halls turning the event into a two-day journey full of mesmerizing discoveries. Speakers will give presentations on the topical issues concerning the technology in general as well as on details within the industry. Highly interactive panel discussions based on case studies will provide real-world options for technology implementation, and explain ways of building communities and profitable partnerships in the emerging blockchain field. You will find out which industries can profit most from the implementation of blockchain and cryptocurrencies and which are set to be disrupted.

Speakers:

  • Sally Eaves – Emergent Technology CTO, Global Strategy Advisor – FinTech, Blockchain AI, Forbes Technology Council
  • Michael Mainelli – Executive Chairman at Z/Yen Group
  • Spiros Margaris – Influencer and Venture Capitalist, Senior Advisor at Arbidex
  • Iman Multaq – CEO at Sigma Investments
  • Kambiz Djafari – CEO and Co-Founder at Edgecoin.io
  • Jan Sammut – CEO at RefToken & Blockchain & cryptocurrency investor and ICO advisor
  • Jimmy Nguyen – Chief Executive Officer, nChain Group
  • Bogdan Malesa – Founder of Universal Crypto
  • Arnab Naskar – CEO SICOS (LUX) S.C.S.
  • Lex Sokolin – Global Director Fintech Strategy & Partner at Autonomous Research
  • Richard Kastelein – Co-Founder at Cryptoassets Design Group

Speaker list is constantly expanding. Find the latest updates on the website.

Exhibition

The exhibition area is a place that will help you to discover the latest hardware and software products based on the blockchain technology used in banking, social services, infrastructure projects, computer security companies, automation service providers, IT companies, and others. Hardware department of the exhibition area will introduce the most efficient equipment for cryptocurrency mining, cryptocurrency storage devices, and other hardware manufacturers.

The exhibition area provides:

  • Interaction with product teams
  • Lecture zone

Who will enjoy the event?

  • Business representatives who want to implement blockchain into their business and develop their company in the future
  • Large institutional investors, as the cryptocurrency attracts more interest every day and brings higher profits
  • Developers, as the event will introduce a wide range of blockchain-based and financial crypto services
  • Blockchain start-ups, as it is possible to meet investors and cooperate with other start-up projects
  • FinTech professionals and technical advisors
  • development and marketing managers
  • Industry enthusiasts and many others

Why visit Blockchain International Show London?

  • interaction: speakers will answer any question you would like to ask about the industry and exhibiting companies will tell you anything about the product, technology or service that you will use in your everyday life soon
  • Networking: you can meet your future partners, clients, investors, potential employees and employers, and a lot of like-minded people
  • Your product presentation and promotion: exhibition will give you the opportunity to introduce your innovative idea to the audience, get maximum feedback and let everyone know about you as of the industry leader
  • New business opportunities: among the participants, you will meet government representatives, service and platform providers, operators, investors, data scientists, business analysts, and venture capitalists with whom you can cooperate in the future

Attend the largest European crypto event and open your future with blockchain – go to BIS!