Why cross-border fintech companies are aggressively acquiring in African markets
“I mean, Wave has done incredible an incredible job here, Tap Tap Send.”
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through the market?
Yeah. I mean, an easy one is a lot of cross border companies. I mean, Wave has done incredible an incredible job here, Tap Tap Send. These companies, for obvious reasons, have done a a lot of work in opening up some of these markets and are are very aggressive on acquiring companies as well, by the way. Other companies like Stripe has been, you know, active doing some acquisitions. I would say largely, like, you've seen a lot of international companies
About this clip
Lexi Novitske explains how cross-border payment companies like Wave and Tap Tap Send are opening up African markets through aggressive acquisition strategies. She highlights how both local champions and international players like Stripe are actively consolidating the space through M&A.
Why this clip
Provides concrete examples of successful companies and their acquisition-driven market entry strategies in Africa's fintech landscape.
What they said next
Africa's VC ecosystem has created a pipeline of well-funded regional feeder funds
12:18 - 36s · market insight
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