Forex is one of the most popular e-commerce sectors today, and Tunisia has become an important player in the region. Its growing entrepreneurship ecosystem and supportive government policies are attracting global attention.

The research investigates the influence of FinTech determinants such as crowdfunding, mobile payment and blockchain on entrepreneurial intention using Tunisia as an example of an emerging economy.

Statistical tests showed that knowledge, availability and accessibility of these technologies have a positive impact on entrepreneurial intent.

Fintech startups in trading industries

Tunisian fintech startup is transforming the way traditional financial institutions operate. They are customer-centric, simple, and scalable. This disruption is driven by three main factors: cost reduction; new sources of revenue; and digitization, optimization, and automation.

In addition to reducing costs, fintechs are also expanding access to capital. For example, mobile-only stock trading apps such as Robinhood charge no fees for trades, and P2P lending platforms like Prosper Marketplace and OnDeck offer small business owners a new way to secure loans. Other startups, such as Bread, are eliminating long-standing barriers so that people can more easily save and invest for the future.

Another exciting trend in fintech is “embedded finance.” This type of technology integrates fintech tools into non-financial businesses’ point of service. For instance, a coffee shop might provide payment processing terminals and buy-now-pay-later buttons on its checkout page. This approach allows customers to pay with their preferred method of payment and provides a more flexible experience for both the merchant and customer.

Fintech startups in Tunisia

Tunisia is a vibrant and growing hub for fintech startups. The North African country’s tech-savvy entrepreneurs are making a splash in the startup industry, with ideas ranging from eco-solutions to digital innovation. Many of these companies are geared towards women, with programs that aim to help them gain momentum and success.

One such program is the MEPI funded FinTech Catalyst, which helps local corporations address their fintech needs. The program works with startups to identify their target market and provide mentorship and coaching to help them develop a strong business model. The project has helped startups like Solixy and Dqlick to create innovative financial solutions.

Moreover, it has also helped them to secure a significant amount of funding and establish partnerships with U.S. software firms. This has enabled them to increase their revenue and build a sustainable clientele base. They have also received technical assistance to improve their products and expand their markets. In addition, the FinTech Catalyst has supported entrepreneurship and provided access to finance for women-led businesses.

Fintech startups in MENA region

MENA’s fintech startups are emerging with unique solutions to address the challenges of consumers and businesses alike. This includes payments, banking, and lending. Some companies are leveraging blockchain technology to enable secure and instantaneous transactions, while others provide credit scoring and digital investment services.

These startups are attracting global investors and scaling rapidly. They are backed by supportive government policies and regulatory frameworks, which include free zones, fintech sandboxes, and licensing. This has created a vibrant homegrown entrepreneurship and attracted global players to the region.

Some fintech startups also cater to the retail sector, such as Tabby, a UAE-based company that allows users to pay for on and offline purchases in four interest-free installments. Its mobile app allows customers to add Tabby cards to their digital wallets, and is easy to use and secure. This is a great way to take your shopping experience to the next level. It’s especially helpful for women, who are often overlooked when it comes to financial inclusion and success.

Fintech startups in Africa

In Africa, the demand for financial services is rising rapidly. However, the continent’s slow-to-develop financial systems and digital infrastructure pose challenges for fintech startups seeking to deliver scalable solutions.

Many of these fintechs are addressing the needs of low- and middle-income Africans. They are creating products that allow customers to save and earn interest, as well as pay for goods and services through e-commerce platforms. They are also lowering costs and improving the user experience.

Some fintechs are also building digital wallets for consumers and small businesses. Others are enabling people to pay bills and transfer funds using their mobile phones. These technologies can make payments much cheaper than those provided by traditional banks and remittance services. This is a big win for the economy as it increases access to finance for millions of people in Africa. Additionally, these fintechs are leveraging data to build sophisticated customer credit models that can assess risk accurately. This helps them to offer more personalized products to their customers.