Hubtel — Ghanaian digital payments and e-commerce platform ranked 48th fastest-growing African company in 2026 with $63.68 million revenue.
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Joy Online
One of Ghana’s leading digital payments and e-commerce platforms, Hubtel, has been ranked 48th on the Financial Times’ 2026 list of Africa’s fastest-growing companies — a reflection of steady revenue expansion rather than rapid scaling from a low base. …
Hubtel named 48th fastest-growing African company as revenue approaches $64mProf. Godfred Bokpin argues that while digital fraud is rising, Ghana should not slow its transition to digital payments because the overall benefits—financial inclusion, lower costs, convenience, and job creation—outweigh the risks. The key challenge is managing those risks rather than halting digitisation.
22 hours ago · Joy Online →
Prof. Godfred Bokpin argues that while digital fraud is rising, Ghana should not slow its transition to digital payments because the overall benefits—financial inclusion, lower costs, convenience, and job creation—outweigh the risks. The key challenge is managing those risks rather than halting digitisation.
22 hours ago · Joy Online →
Banks and fintech companies disagree over who faces heavier regulation in Ghana's digital financial sector, with each claiming the other operates under lighter supervision. The Bank of Ghana's Head of Fintech and Innovation says the real concern is that fraud can spread across the entire financial system if any part is weakly regulated.
22 hours ago · Joy Online →
University of Ghana economist Godfred Bokpin says increased digital payments could reduce the central bank's cost of replacing physical currency by reducing wear on banknotes and prolonging their lifespan, while also improving financial inclusion and lowering transaction costs.
22 hours ago · Joy Online →
As digital payments grow, criminals are following the money online rather than targeting physical cash, according to Prof. Godfred Bokpin of the University of Ghana Business School. The shift reflects how fraudsters now find it easier to target people through digital platforms than in physical locations.
7 July 2026 · Joy Online →
The Bank of Ghana's Head of Fintech and Innovation warned that increasing fraud cases could erode public trust in digital financial services and reverse progress towards a cash-lite economy. He noted that 16,733 fraud cases were recorded across banks and payment service providers in 2024, up from 15,865 in 2023.
7 July 2026 · Joy Online →
An economist at the University of Ghana warns that arrests and prosecutions alone cannot solve the country's digital fraud problem; Ghana must pair enforcement with stronger financial literacy and cybersecurity education as digital payment use grows.
7 July 2026 · Joy Online →
The Bank of Ghana's Head of Fintech and Innovation is calling for a coordinated, industry-wide system to combat fraud across banks, mobile money operators, and fintech companies, arguing that separate systems are inadequate in an interconnected ecosystem. Ghana's digital financial sector recorded 16,733 fraud cases in 2024, up from 15,865 in 2023, with payment service providers accounting for the majority.
6 July 2026 · Joy Online →
A University of Ghana economist says digital finance platforms are helping unbanked citizens and informal-sector workers enter the formal economy by lowering barriers to financial access, but warns that fraud-related mistrust could push users back to cash and undermine financial inclusion gains.
6 July 2026 · Joy Online →
The Head of Fintech and Innovation at the Bank of Ghana says financial institutions can invest in secure applications and cybersecurity systems, but fraudsters often bypass those protections by tricking customers into surrendering their passwords, PINs, and OTPs through social engineering tactics.
6 July 2026 · Joy Online →
Ghana has launched the Digital Economy Forum, a national platform bringing together policymakers, regulators, business leaders, academics, and others to examine technologies, policies and ideas shaping the country's digital future. Each edition will combine documentary investigation with televised dialogue to address pressing issues in digital commerce, financial services, cybersecurity, and other areas.
2 July 2026 · Joy Online →
Ghana's Hubtel, a digital payments and e-commerce platform, has been named 48th on the Financial Times' 2026 list of Africa's fastest-growing companies with revenue of $63.68 million in 2024, nearly quadrupling its 2021 figure of $17.91 million and posting a compound annual growth rate of 52.63% over three years.
14 May 2026 · Joy Online →