Ghana. FinTechs look to regulator to make Digital Pensions Market more attractive

The Chief Executive Officer (CEO) of IT Consortium Limited, Mr. Romeo Bugyei, has called for closer collaboration between government, regulatory bodies and FinTechs in Ghana to push informal pensions to citizens.

He indicated that in order to achieve successful financial inclusion in the county, FinTechs must be supported to enable them efficiently deliver Digital Financial Services (DFS) to Ghanaians.

He made this call at a stakeholder forum co-hosted by the Ghana Technology Chamber and the Ghana Chamber of Telecommunications, with support from the Consultative Group to Assist the Poor (CGAP) and the State Secretariat of Economic Affairs of Switzerland (SECO) on the theme: “New DFS Products and how they are being enabled.”

During a panel discussion on digital pensions, Mr. Bugyei lamented the cost involved in operating within the sector.

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