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Article: SACCOS DIGITISE THEIR FINANCIAL SERVICES TO FUTURE-PROOF THEIR GROWTH

SACCOs are accelerating their digitisation to respond to a growing need for financial inclusion. Giving members access to the financial services they are looking for is the main focus for SACCOs in a context where physical branches are not always accessible. According to Statista, as of 2019, the number of credit unions in Africa and

  • Editorial Team
  • May 11, 2022
  • 1 minute

SACCOs are accelerating their digitisation to respond to a growing need for financial inclusion. Giving members access to the financial services they are looking for is the main focus for SACCOs in a context where physical branches are not always accessible.

According to Statista, as of 2019, the number of credit unions in Africa and Asia was markedly higher than in other regions of the world, accounting for almost 90% of the total number of credit unions worldwide.

 

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