Support to the Ministry of ICT (MINICT) for the implementation of the Fintech Strategy and Policy Framework

The Rwandan fintech sector has remained relatively small but it is growing steadily. It is seen as one of Africa’s fastest growing fintech ecosystems. Analysis conducted on the Rwandan fintech landscape identified that a total of 75 fintechs currently operate in Rwanda, a significant growth from 44 fintechs counted in 2019, despite the economic impacts of Covid-19. The fintech strategy vision for Rwanda is to thrive fintech ecosystem characterised by an enabling regulatory environment, robust infrastructure, a strong talent pipeline, easy access to finance, available business development support, and local and regional market access facilitation as well as increasing access and use of digital financial services by women and/or increased participation of women as fintech owners and managers.