Many countries in Africa have already witnessed how innovative services can enhance access to financial services for the underserved, driving financial inclusion ratios upward sustainably.

However, the advent of FinTech products, services, and business models is undoubtedly introducing additional risks into the financial system and bringing new challenges to supervisors.

This policy framework provides a set of policy considerations for supervisors to develop coherent supervisory and policy approaches towards FinTech products and services that are compatible with the key objectives of inclusive finance, financial stability, consumer protection, and market integrity.