Ghana fintech must balance innovation, regulation
Ghana’s fintech sector must balance technological advancement with consumer safeguards as digital financial services expand across the country. MobileMoney LTD Chief Executive Shaibu Haruna told the 2025 Fintech Stakeholder Forum that citizens avoid mobile platforms because they fear fraud and data theft despite broader access to credit.
Regulators, banks, and technology companies met in Accra to develop policies that support small businesses while protecting the integrity of the financial system. Haruna credited the Bank of Ghana for establishing its Fintech and Innovation Office that connects policymakers with industry leaders.
The executive said partnerships between government agencies and private firms will shape future digital payment systems. Research institutions and universities attended the conference to analyze how electronic transactions affect economic development nationwide.
