Finsense Africa Marks 8 Years Of Fuelling Digital Innovation In Banking

Finsense Africa, a fast-growing fintech company, has marked its 8th anniversary with a renewed commitment to accelerating digital transformation in the financial services industry across Africa.

Established in 2019, Finsense Africa began with a bold vision to revolutionise banking through API integration. Eight years on, the company has grown into a trusted technology partner for banks and financial institutions across Africa, offering digital solutions that streamline operations and enhance customer experiences.

Speaking during the anniversary celebration, Imran Sumra, Finsense Africa Founder and CEO reflected on the company’s journey.

“From our humble beginnings to becoming a trusted partner for digital transformation, this journey would not have been possible without the incredible support of our clients, partners, and friends,” said Sumra. “Your trust and belief in our mission have shaped our growth, pushed us to innovate, and fuelled our passion to go further together.”

Sumra emphasized the importance of community and collaboration in the company’s growth. “We are especially proud of the communities we’ve built – teams that move with purpose, clients that inspire us, and partners who share our goal of delivering solutions that add value. Every project and milestone have brought us closer to where we are today.”

As digital transformation accelerates across Africa’s banking sector, talent shortages remain a critical challenge. With banks under pressure to innovate, many are struggling to recruit skilled tech professionals to implement and scale digital solutions.

Finsense Africa is addressing this gap by providing financial institutions with rapid access to experienced tech consultants. This flexible hiring model is helping banks overcome talent shortages, reduce time-to-market, and stay ahead in a fast-evolving digital landscape.

“The pace of digital transformation in the financial sector has outstripped the availability of skilled tech talent,” said Sumra. “Our mission is to empower banks and financial institutions by connecting them with expert consultants so they can innovate without delay. With a significant chunk of banking transactions now occurring digitally, the demand for agile, tech-savvy talent has never been greater.”

Industry data supports this trend. A financial performance analysis of the top five banks in 2024 reveals that digital channels now account for more than 85 per cent of all banking transactions. At the same time, mobile banking services continue to expand in functionality, playing a key role in driving customer engagement and revenue growth.