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The Rise of Neobanks in Africa — What You Should Know in 2025

The Rise of Neobanks in Africa — What You Should Know in 2025 | Lagos Fintech Hub   The Rise of Neobanks in Africa — What You Should Know in 2025 Introduction: Rewriting Banking in Africa Lagos. Nairobi. Accra. Johannesburg. Cities pulsing with entrepreneurial energy and digital dreams. This is where a new kind of bank is rising—not brick and mortar, but code, application, API, and ambition. These are neobanks : fully digital banks without physical branches, built to serve customers in ways traditional banks often can’t. At Lagos Fintech Hub , we’ve watched the fintech ecosphere evolve from mobile money kiosks and POS agents to full-fledged digital banking platforms. We’ve interviewed founders who built their first MVPs from cramped apartments, monitored regulatory changes that opened doors, and observed how millions of people who were previously "unbanked" or "underbanked" are now choosing sleek apps over lon...