Rwanda and Singapore to run inclusive fintech forums

Rwanda and Singapore to run inclusive fintech forums

Kigali International Financial Center (KIFC), Rwanda’s financial center that facilitates international investment and cross-border transactions in Africa, and Elevandi (www.Elevandi.io), a company created by the Monetary Authority of Singapore (MAS) to promote FinTech in digital economy, today announced the launch of the first annual Inclusive FinTech Forum, which will be held from June 20 to 22 in Kigali, Rwanda.

Global regulators, decision-makers, decision-makers, founders and investors will gather for three days of discussions on inclusive and sustainable FinTech, primarily focusing on the Global South, which stretches from Africa to Latin America and Asia.

The forum aims to act as a catalyst for financial inclusion and FinTech for Good by promoting technology and policy conversations that will enable FinTech development to become more equitable, accessible and sustainable for all people in the world. This also includes the development and promotion of public goods, infrastructure and financial competence.

The forum will include a number of dialogues and formats to spark debate and ideas for solutions for inclusive finance globally.
● Sessions on the main stage will feature keynotes by government and industry leaders as well as discussions with thought leaders.
● Industry and ecosystem stages will focus on topical sessions on payments, credit, financial services, risk products, capital market infrastructure and ESG products.
● Elevendi’s signature programs;
○ Elevandi Insights Forum will host deep-dive roundtables with public and private sector organizations to address challenges facing the financial sector and drive key actionable outcomes;
○ The Founders Peak will feature 10-minute talks from founders, giving attendees a valuable opportunity to learn from the experiences of successful founders;
○ Capital Meets Policy Dialogue will bring together policymakers, regulators and investors to share perspectives on FinTech regulation and investment capital allocation.
● A curated venue for exhibitors, industry workshops, mentoring sessions and a talent pavilion.

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Sopnendu Mohanty, Chief FinTech Officer at MAS and Chairman of Elevandi, said: “The forum comes at an important time when FinTech is in the optimal position to contribute to global causes, given its place at a critical intersection between finance and technology; but the promise is still a work in progress to make finance accessible to all people in the world. The forum will accelerate inclusion and influence conversations to make FinTech more accessible. It will serve as building blocks for future dialogues such as the Point Zero Forum, which will be held the following week this forum.”

Tidjane Thiam, Chairman, Rwanda Finance Limited, the agency mandated to promote the Kigali International Financial Centre, said: “We are delighted to host the first annual Global Inclusive FinTech Forum here in Rwanda bringing together key decision makers in the FinTech- industry in Africa and globally. FinTech, at the intersection of financial services and technology, has a unique ability to transform lives, especially in emerging and developing countries. It can empower the most vulnerable in society by giving them access to finance and allowing them 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. This event is a unique opportunity to enrich the African FinTech landscape and position KIFC as the new fast-growing hub for FinTech.”

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