Speaking during the ongoing second edition of the 40-Days 40-Fintechs initiative organised by HiPipo, Crosslake Tech, ModusBox and Mojaloop Foundation under the support of the Gates Foundation, Mr Timothy Mugume, the Jumia Food country lead, said a number of Fintechs are yet to adopt same-day settlement, which presents survival challenges, especially for small capital business given that the ecosystem is heavily reliant on cash flow. via Daily Monitor

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