The Fintech Innovation of the Year Award honors the company, initiative, or person who has upended the African fintech sector. For the second edition of the AfricaTech Awards, VivaTech and the International Finance Corporation (IFC) have partnered this year. This program aims to identify and support forward-thinking businesses with an African focus that are developing game-changing innovations in the fields of climate, health, and financial technology sectors.
The coveted Fintech Innovation of the Year Award has been given to Arifpay Financial Technologies S.C. in honor of the company’s efforts to create secure, dependable, and practical digital payment solutions, which have contributed to revolutionizing how people conduct business in Ethiopia.
Arifpay has been a pioneer in offering universally accessible digital payment solutions as a financial institution with a license from the National Bank of Ethiopia. ArifPOS and ArifGateway, two of the company’s innovative offerings, have made it possible for businesses to take payments from clients via smartphones, POS terminals, and QR payment terminals.