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[The Exchange] Mastercard has released a new study that indicates that fintech startups in Africa grew 81 per cent in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent The report also found that the fintech sector accounted for 27 per cent of the record-high number of deals closed and 61 per cent of the US$2.7 billion deployed across Africa in 2021 The three countries were also seen as among the countries leading the transition to digital payments, with infrastructure and policy framework
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