South Africa

The fintechs benefitting from South Africa's insurance expertise

  • Insurtech's weighting in South Africa's fintech ecosystem is 2.5x bigger than the EM average

  • While overall investment into South African fintechs has dropped substantially in 2022 compared with previous years...

  • Digital payments is on the rise with average transaction value increasing by 15% CAGR, reaching US$14.3bn in 2022

March 15th, 2023
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").

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