Rwanda showcases fintech innovation driving financial inclusion through Hanga Ventures Ignite programme

By:  Nana Appiah Acquaye

Rwanda is highlighting the role of local fintech startups in expanding financial inclusion and supporting digital economic growth through the Hanga Ventures Ignite programme led by the Ministry of ICT and Innovation.

The initiative recently provided government officials and ecosystem stakeholders with the opportunity to engage with emerging Rwandan startups developing digital financial solutions aimed at addressing access gaps within the country’s financial sector.

Ministry of ICT and Innovation Rwanda noted that in several African countries, fewer than 40 percent of adults have access to formal financial services, underscoring the importance of innovation-driven solutions in improving financial access and economic participation.

Among the startups featured was Kayko, a platform focused on helping small businesses improve access to finance while simplifying bookkeeping, inventory management and expense tracking. Officials said the solution is supporting more entrepreneurs to participate in the digital economy.

Another startup, Save Directly Ltd, showcased its “Save Now, Buy Later” platform, which is designed to help users build savings habits and better manage financial goals through structured digital savings tools.

The Ministry stated that the combined efforts of government institutions, development partners and innovation ecosystem actors are contributing to more inclusive pathways for financial empowerment and sustainable economic growth in Rwanda.