Digital Financial Services Research Review Senegal

Digital Financial Services Research Review Senegal

Wed, 08/16/2017 - 11:57 -- anna.ferracuti
Report

With more than one million eight hundred active e-money accounts, Digital Financial Services (DFS) are growing in Senegal. Even if cash remains dominant in the market, particularly in rural areas where mobile money is barely known, a growing number of Fintechs are making their way in the country and the regulatory framework led by the BCEAO is favorable to e-money.

MM4P conducted a research review on the state of digital financial services, which gives a detailed overview of the evolution of Senegal DFS market.

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Practice Area: 
Inclusive Finance
Document Date: 
Wed, 08/16/2017
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