In addition to the example of PCA, BCP had a second fintech experience when it acquired an innovative structure in 2016, namely M2T, specialized in the management of secure electronic transactions. The third experience is a majority stake in the capital of Wizall, a Senegalese start-up that operates in mobile money. This platform operates mainly in salaries payment and money transfer. Wizall had an agile team and a high-performance system. Nevertheless, alone, with few means, she could not grow. We have therefore reviewed the business model and are currently working on structuring projects. Theother experience is theopen innovationprogram that was launched by the bank. It is different from the other programs, in that it emanates from real needs of customer relationship trades: dematerialization, the agency experience, etc. The principle of this open innovation program consists ultimately in making the Start-ups or the fintechs full partners of our Group. One of the problems encountered by start-ups is access to the market.
White Paper on innovation and technology at the service of finance
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