Fie Insights

Most of us have been either to a physical store or an online shop and at checkout, been provided with the option of acquiring the product without paying the full price at the point of sale (POS). Sounds familiar? Unbeknownst to many, the ability to own a product and slowly pay for it has been...

Welcome to Starbucks, a “bank” that sells coffee. The luxury coffee maker held about USD 1.5  billion of preloaded funds in the 4th quarter of 2021. And if you think USD 1.5 billion is not a huge amount; more than 85% of banks in the USA have less than USD 1 billion in assets. Starbucks...

The last decade has experienced an upsurge in e-commerce adoption, with the e-commerce market size growing to approximately 4.9 trillion USD in 2021. This growth is expected to hit 7.4 trillion USD by 2025. Closely mirroring the growth of e-commerce and by extension facilitating e-commerce transactions are e-wallets. It is estimated that 49% of the...

Neobanks in the African market are solving two problems for the continent’s population. First, neobanks are bringing banking services and products to populations that traditionally did not have access to them such as savings, investments or capital. Access to capital is one of the key hinderances to economic growth and this is a major challenge...

The 21st century has brought with it advancements in technology that have affected how people work and operate, and this effect has triggered disruptions across different sectors. One sector that is facing the technology onslaught currently is the banking sector. Technology has moved banking from the traditional banking halls to the customer’s mobile phone or...