Lending in Africa will be fully digital by early 2023, Bayport CEO said.

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Byport, whose shares are traded on Mauritius Stock Exchange, offers payroll loans in the first place local and state government officials… “We are moving very quickly on the digital path,” and this process will be completed in all markets in the next 18 months, Newson said in Johannesburg.

  • According to him, operations in Tanzania are already completely digital, and the process is being deployed in Mozambique and Botswana.
  • He adds that fully digital operations in mid and back offices will increase efficiency and reduce turnaround times.

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