Epython Lab@epythonlab P.1904

EPYTHONLAB Telegram 1904

🌟𝘿𝙖𝙮 25/100: 𝙐𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙀𝙩𝙝𝙞𝙤𝙥𝙞𝙖𝙣 𝙁𝙞𝙣𝙩𝙚𝙘𝙝 🌟

Ethiopia's fintech ecosystem is a mix of challenges and opportunities. 📈🌍

From low formal banking penetration to an increasingly digital population, it’s clear that innovation in financial services is critical.

Key insights from my research today:

- Low banking penetration but high mobile adoption: Over 75% of transactions are cash-based, yet mobile payment systems like Telebirr are gaining traction.

- Regulatory frameworks: Ethiopia’s regulatory approach emphasizes financial inclusion but poses innovation challenges, especially for Buy-Now-Pay-Later services.

- Unique consumer behaviors: The dominance of informal financial systems and cash reliance shapes how Ethiopians engage with digital financial services.

💡 Question of the day: How can fintech drive financial literacy in Ethiopia to accelerate digital adoption?

#FintechAfrica #Ethiopia #Buy-Now-Pay-Later #FinancialLiteracy #DigitalTransformation

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Create: 2024-12-28
Last Update: 2025-10-24 06:18:21

🌟𝘿𝙖𝙮 25/100: 𝙐𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙀𝙩𝙝𝙞𝙤𝙥𝙞𝙖𝙣 𝙁𝙞𝙣𝙩𝙚𝙘𝙝 🌟

Ethiopia's fintech ecosystem is a mix of challenges and opportunities. 📈🌍

From low formal banking penetration to an increasingly digital population, it’s clear that innovation in financial services is critical.

Key insights from my research today:

- Low banking penetration but high mobile adoption: Over 75% of transactions are cash-based, yet mobile payment systems like Telebirr are gaining traction.

- Regulatory frameworks: Ethiopia’s regulatory approach emphasizes financial inclusion but poses innovation challenges, especially for Buy-Now-Pay-Later services.

- Unique consumer behaviors: The dominance of informal financial systems and cash reliance shapes how Ethiopians engage with digital financial services.

💡 Question of the day: How can fintech drive financial literacy in Ethiopia to accelerate digital adoption?

#FintechAfrica #Ethiopia #Buy-Now-Pay-Later #FinancialLiteracy #DigitalTransformation

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