Fintech Association of Kenya Appoints Frank Molla to Advisory Board.

NAIROBI, KENYA – 23.04.2024 – The Fintech Association of Kenya is pleased to announce the appointment of Frank Molla to its advisory board for a two-year term. Molla, currently the Managing Director at MDP -Africa, brings over two decades of experience in banking and fintech, including significant roles at Barclays Bank, now Absa, MasterCard and American Express where he supported operations and expansion across Africa, the Middle East, and Europe.

Molla will harness his extensive knowledge in fintech and payments technology in his advisory role to support the association's strategic initiatives. He aims to strengthen market expansion, technological innovation, and regulatory compliance, as well as enhance community engagement and financial literacy. His expertise will be pivotal in guiding Kenyan fintech startups through global market expansion, facilitating international partnerships, and advocating for supportive regulatory frameworks.

Frank Molla commented on his new role, stating, “It’s an honor, to join the industry-shaping & recognized Fintech Association of Kenya. I will actively contribute to its success through thought leadership, advocacy, meaningful financial wellness and sustainability initiatives together with other payments leaders from Africa.”

"Frank Molla's expertise is a tremendous asset to our organization," said Duncun Motanya , Chairperson, Fintech Association Of Kenya . "His insights will be invaluable as we drive growth, foster international partnerships, and create a conducive environment for fintech innovation in Kenya."

Molla's appointment is part of the association's broader effort to foster an environment where innovation thrives and to enhance the profile and advocacy efforts of the fintech community in Kenya.

About Frank Molla:

Frank Molla is a seasoned payments executive with over two decades of experience transforming the financial services industry in Africa and beyond. Currently Managing Director of MDP-Africa, and previously having worked for Barclays Bank, now Absa Bank, American Express in Europe and United Kingdom and Mastercard in Eastern Africa, Molla's leadership has fuelled growth and expansion for global fintech players such as MasterCard and American Express.

Passionate about leveraging technology for financial inclusion, Molla is committed to bridging the gap between real-world needs and digital solutions. He is a valuable asset to organizations seeking to make a lasting impact within the fintech landscape. Frank Molla is both a Harvard and Strathmore Business School Executive Education Graduate.

About Fintech Association of Kenya (FINTAK)

FINTAK is the leading voice for Kenya's dynamic fintech sector. Our mission is to foster innovation, collaboration, and advocacy, transforming Kenya into a Global Fintech Leader.

We focus on:

• Connecting the Fintech Community:?Promoting dialogue and partnerships among fintech companies.
• Advocacy:?Representing fintech interests to policymakers and regulators, ensuring a supportive environment.
• Innovation:?Championing cutting-edge financial solutions that benefit all Kenyans.
• Security:?Prioritizing safe and secure digital finance for consumer protection.
• Global Growth:?Supporting the expansion of Kenyan Fintechs into international markets.

Contacts:

FINTAK

Silas - 0721695080

Email: [email protected]

MDP

Heba El Hakim

Marcom Director

[email protected]

+2012233542310