Sweden is a high-tax, high-spend country, where employees receive generous social benefits and ample amounts of vacation time. Studies have proven the country has beaten the odds and continuously excels in promoting the formation of ambitious new business on an unexpected level considering the size of its economy.
Fintech Apps will drive over 50% of all mobile money and bank transactions in Africa by 2025. This is because it is simple, more reliable and convenient. According to the B&FT, the mobile money market in Ghana alone is valued at GHC 35.4 billion, an increment of more than 216% over the previous year.