Rwanda to host first annual Inclusive FinTech Forum

On 6 April 2023 at 09:05

Kigali International Financial Centre (KIFC) and Elevandi have jointly announced the launch of the first annual Inclusive FinTech Forum. This three-day event, to be held in Rwanda from 20 to 22 June, will bring together regulators, policymakers, decision-makers, founders and investors to discuss inclusive and sustainable FinTech, primarily focusing on the Global South, stretching from Africa to Latin America and Asia.

The forum aims to promote technology and policy conversations that will enable FinTech development to become more equitable, accessible, and sustainable for all people of the world, while also developing and promoting public goods, infrastructure, and financial literacy.

It will feature a variety of dialogues and formats to spark debate and ideate solutions for inclusive finance globally. Main stage sessions will include keynotes by government and industry leaders, while Industry and Ecosystem stages will focus on topical sessions on Payments, Credit, Financial Services, Risk Products, Capital Market Infrastructure, and ESG Products. Elevandi’s signature programmes will include the Elevandi Insights Forum, the Founders Peak, and the Capital Meets Policy Dialogue. In addition, there will be a curated space for exhibitors, industry workshops, mentorship sessions, and a talent pavilion.

Sopnendu Mohanty, Chief FinTech Officer of MAS and Chairman of Elevandi Board, said the Forum comes at an imperative time when FinTech can contribute to global causes, given its place at a critical junction of finance and technology. "However, its promise is still a work in progress for making finance accessible to all people of the world. The Forum will accelerate inclusion and impact conversations to make FinTech more accessible," he added.

Tidjane Thiam, Board Chairman, Rwanda Finance Limited, said the event is a unique opportunity to enrich the African FinTech landscape and position KIFC as the new fast-growing hub for FinTech. "FinTech has a unique ability to transform lives, particularly in emerging and developing countries. It can empower the most vulnerable in society by giving them access to financing and allowing them to achieve financial independence. It can also contribute to the growth and expansion of successful African SMEs to provide much-needed goods and services to consumers in Africa and beyond," he said.

About Kigali International Financial Centre

Kigali International Financial Centre (KIFC) is a financial centre facilitating international investment and cross-border transactions in Africa.

With FinTech identified as one of the niche areas for attracting investments, KIFC spearheads an innovation-friendly regulatory environment to attract investment funds and venture capital, driving Africa’s already fast-growing financial technology sector.

About Elevandi

Elevandi is set up by the Monetary Authority of Singapore to foster an open dialogue between the public and private sectors to advance FinTech in the digital economy.

Elevandi works closely with governments, founders, investors, and corporate leaders to drive collaboration, education, and new sources of value at the industry and national levels.

Elevandi’s initiatives have convened over 350,000 people to drive the growth of FinTech through events, closed-door roundtables, investor programmes, educational initiatives, and research.

Its flagship product is the Singapore FinTech Festival alongside fast-rising platforms, including the World FinTech Festival, Point Zero Forum, and the Elevandi Insights Forum.

Kigali Convention Centre is one of Rwanda's conference venues.