8 takeways on the Future of Finance from Money2020 2025
- The future of finance is shifting towards payments, with banks focusing on deposits and loans while payment companies handle mobility.
- Collaboration among businesses is essential to address common challenges, especially in remittances where margins are decreasing.
- Africa needs to present a unified voice to combat stereotypes and regulatory fragmentation that hinder growth.
The insights shared by Daramola reflect a critical understanding of the current financial landscape and the necessity for collaboration and innovation. The emphasis on unity in Africa's financial narrative and the call for regulators to engage with innovators is particularly noteworthy. This perspective could spark further discussions on how to effectively implement these changes in the industry.
