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Rwanda and Singapore to jointly host the first Forum

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Rwanda (Commonwealth Union)_ Kigali International Financial Centre (KIFC), financial center of Rwanda that handles international investment and overseas transactions in Africa, and Elevandi, a company established by the Monetary Authority of Singapore (MAS) to enhance FinTech in the digital economy, have announced the debut of the first annual Inclusive FinTech Forum, which is scheduled to take place in Kigali, Rwanda, from June 20 to 22. Global regulators, legislators, decision-makers, startups, and investors will convene for three days of meetings on inclusive and sustainable FinTech, centered especially on the Global South, Africa, Latin America, and Asia.

Image Credit: ukinvestormagazine.co.uk

The Forum aspires to function as a catalyst for financial inclusion and FinTech for Good by supporting technical and policy dialogues that will allow FinTech growth to become more equal, accessible, and sustainable for all people across the globe. This also involves the development and promotion of public goods, infrastructure, and financial literacy. The forum will feature a range of discussions and formats designed to ignite debate and generate innovative ideas for inclusive finance on a global scale.

Sessions on the main stage include keynote addresses delivered by government and industry officials, as well as dialogues with thought leaders. Sessions on Payments, Credit, Financial Services, Risk Products, Capital Market Infrastructure, and ESG Products will be featured in the Industry and Ecosystem stages. Elevandi’s key programs are the following: The Elevandi Insights Forum will feature in-depth roundtables with public and private sector organizations to discuss the problems encountered by the financial industry and produce significant practical solutions. The Founders Peak includes 10-minute speeches by successful founders, providing attendees with a fantastic opportunity to benefit from their experiences. The Capital Meets Policy Dialogue will gather policymakers, regulators, and investors to discuss FinTech regulation and the distribution of investment capital. Additionally, it also features a curated place for exhibitors, industry training, mentoring sessions, and a pavilion for talent.

According to Tidjane Thiam, Board Chairman of Rwanda Finance Limited, the organization tasked with promoting the Kigali International Financial Centre, “We are pleased to host the first annual global Inclusive FinTech Forum here in Rwanda bringing together important decision-makers in the FinTech Industry in Africa and globally. FinTech, at the crossroads of Financial Services and Technology, has a unique ability to transform lives, particularly in emerging and developing countries”. He added, “It can empower the most vulnerable in society by giving them access to financing and allowing them to achieve financial independence. It can also contribute to the growth and expansion of successful African SMEs to provide much-needed goods and services to consumers in Africa and beyond. This event is a unique opportunity to enrich the African FinTech landscape and position KIFC as the new fast-growing hub for FinTech.”

According to Sopnendu Mohanty, Chief FinTech Officer of the MAS and Chairman of the Elevandi Board, “The Forum comes at an imperative time when FinTech is in the optimal position to contribute to global causes, given its place at a critical junction of finance and technology; however, its promise is still a work in progress for making finance accessible to all people of the world. The forum will accelerate inclusion and impact conversations to make FinTech more accessible. It will serve as building blocks for future dialogues such as the Point Zero Forum, which will be held the week after this Forum.”

Entrepreneurs, top professionals from government and regulators, financial institutions, technology firms, and investors may attend the Inclusive FinTech Forum. Registration will be available soon. Interested candidates may register at www.inclusivefintechforum.com. Kigali International Financial Centre (KIFC) is an African financial institution that handles international investment and overseas trade. Having recognized FinTech as one of the specialized sectors for attracting investments, KIFC leads an innovation-friendly regulatory framework to draw investment funds and venture capital, thereby accelerating the growth of Africa’s already thriving financial technology sector. The Monetary Authority of Singapore established Elevandi to promote open communication between the public and commercial sectors in order to progress FinTech in the digital economy.

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