Ghana Fintech and Payments Association to expand access to digital financial services

The Ghana Fintech and Payment Association is taking significant steps to expand access to digital financial services in the northern and middle parts of the country in 2025.

The Association believes this initiative will promote inclusive access, noting that a larger portion of users in the southern sector currently rely on digital financial services.

During a media briefing following the launch of the fourth Ghana Fintech Awards and Dinner Night held on Friday, October 25, 2024, in Accra, the Association’s President, Martin Awagah, announced plans for a series of roadshows aimed at raising awareness among potential users in rural areas.

A lot of digital financial services products have been developed, and the majority of them are being used within the southern belt of Ghana. So, more opportunities need to be exploited within the northern and middle belts of Ghana. Now, there’s the need to also take education to them. That’s one of the things that we are working with other stakeholders to make sure going forward next year and the years beyond, we take some of these activities and events not just within Accra, but expand the reach. So we are considering even having a fintech roadshow that would take us from the southern belt to the northern belt so that we can engage, ” he noted.

Meanwhile, the Ghana Fintech Awards has officially opened nominations for its 2024 edition, which is poised to celebrate the country’s fintech trailblazers.

Scheduled for March 1, 2025, at the Labadi Beach Hotel, the 4th edition will spotlight the industry’s most impactful innovators who are accelerating Ghana’s economic growth and financial inclusion.

The nomination period is open from October 25 to November 25, 2024. Individuals and companies are encouraged to nominate deserving candidates via the official website, www.ghanafintechawards.org, where detailed information on categories and submission guidelines is also available.

At the press launch, the Project Coordinator for the Ghana Fintech Awards, Cristina Swan-Awagah, shared insights into the event’s mission to accelerate Ghana’s journey toward economic growth and financial inclusion by spotlighting innovative fintech players.

With the Ghana Fintech Awards, we aim to recognize the innovation and adaptability of fintech companies that are enabling convenient financial transactions and supporting the broader economy through digital transformation,” she said.