Huawei released Fintech 2.0 solution to improve economic growth in Africa

Huawei has introduced a new solution called Fintech 2.0 in Africa. Ultimately, this solution aims to improve the economic condition and transform the money-making facilities and services on the devices in the region.

The Chinese tech giant released the effective solution is the recently held AfricaCom 2022 event. Alongside the basic build-ups, Huawei explained how the Fintech 2.0 solution will overcome the economic crisis in Africa.

Speaking about the solution, Fintech 2.0 will help in increasing the growth rate among fintech operators. Further, it will facilitate every enterprise and developer with smart innovations, an improved timeline for markets, and an efficient digital experience.

On the other hand, the respective solution will balance the fast payment and lending money scenarios on smart gadgets. Thus, the solution will bring benefits from all corners for both users and operators.

In addition, it will aid the digital problems of the small, and medium industries. As a result, the operators in these sectors will access better and more stable business operations and maintenance.

Notably, the main purpose and objective of the Fintech 2.0 solution are to offer secure, firm, and trusted platforms to conduct financial and economical services in the business.

So far, Huawei has deployed Fintech 2.0 solutions in more than 20 countries. Moreover, it facilities a wide range of services to at least 400 million users.

Huawei’s thought on Fintech 2.0

The Director of Huawei Southern Africa Software Solution and Marketing – Mr. Bryan You said the following words:

“Huawei continues to invest heavily in Fintech research and innovation. Creating solutions to help address global challenges and support anticipated future developments. Huawei’s Fintech solution uniquely combines the strengths of agile business development, a rapidly scalable platform, finance-grade regulatory and security compliance, and finally, accurate real-time risk control, to safely accelerate digital financial inclusion, enabling access to the growing digital economies for every person and organization.”

(Source)