SuperFluid listed as one of the London Stock Exchange Group’s “Companies to Inspire Africa 2019.”
London (UK), Frankfurt (Germany), Accra (Ghana), and Nairobi (Kenya); February 2019. GreenTec is very pleased to report that SuperFluid Labs were listed in the London Stock Exchange Group’s report: Companies to Inspire Africa 2019. SuperFluid was listed among the 360 companies in 32 countries identified by the LSEG as the most inspirational and dynamic private, high-growth companies to a global market. The LSEG report was written with the research and financial assistance of Asoko Insight, the African Development Bank Group, CDC Group and PwC.
SuperFluid was listed among a select cadre of financial services companies. As the report notes, demand for financial services in Africa is being driven by broader economic progress, and today it has the second fastest growing banking market in the world (taking retail and wholesale banking together). A notable feature is the staggering growth in the number of people becoming banked. Competition in Africa’s challenging and competitive banking landscape is increasingly fierce and tomorrow’s leaders need to be able to demonstrate innovation and technological knowhow. SuperFluid’s positioning as a SASS company providing analytics and credit scoring capabilities to a variety of institutions gives the company a privileged position to capture the globally growing market for AI and Big Data analytics solutions. With more than 100 million mobile money accounts in Africa and the number of banked African’s almost doubling to 300 million there is a growing tide of data in search of solutions to generate meaningful business insights and value from.
We are very please pleased to see SuperFluid’s innovative analytics solution selected by the LSEG’s report. We share the group’s optimistic outlook on the vibrant potential for African start-ups and SMEs.