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Leading Fintech firms in the country have organized a forum to assist deposit-taking and non-deposit-taking Saccos to chart their digitalization path.
The exclusive Fintech-Industry-driven event comes at a time when most Saving and Credit Co-operatives Societies are shifting their banking services to digital platforms.
The SACCOFINTECH Forum, scheduled on June 23rd-25th 2021, aims to reach out to Saccos in Mt. Kenya West (Kiambu, Murang’a, Krinyaga, Embu, Nyeri, Nyandarua, and Laikipia counties) with a goal to transform their digital operations technically.
“It’s time for the FinTech sector in Kenya to have a future-defining discussion as it continues to mature as an industry. Key players must take stock of buzzwords and whether they have delivered; then build on past success to develop a roadmap forward,” says Martin Kathurima, a Sacco Banking Consultant, who is among the organizers of the event.
The SACCOFINTECH Forum offers stakeholders, including Saccos and leading vendors, the opportunity to come together and develop a sector-wide fin serve playbook, “From Bubble to Bottom Line.” This cuts through the hype and focuses on leveraging technology and innovation to grow the financial services industry-Sacco subsector, with key insights into how incumbent financial service providers and consumer Saccos can collaborate in FinTech.
“This forum is the go-to event for any financial services organization and fintech technicians looking for growth,” states Mr. Kathurima.
Leading Saccos in the region are expected to attend the SACCOFINTECH forum where Core Banking, Mobile Lending, Agency Banking, Card, Data Backup, and Cyber Security are key theme areas.
In total, 28 Saccos from Mt Kenya West will participate.