Author: Salvador Anglada

For most of the past decade, African fintech was a land grab. Valuations rewarded user numbers, interfaces got flashier, and “disruption” was the pitch that attracted capital investment. From the outside, it was clear the model was running hotter than it could sustain. That era is over. In every boardroom conversation, from Johannesburg to Lagos, the question has moved beyond “how fast can you grow?” to “what happens when things go wrong?” The correction came quickly. African startup funding fell by nearly a quarter in 2024, high-profile ventures collapsed and investors pulled back – hard. But what followed was not…