As South Africa marks National Savings Month this July, new data reveals an extraordinary appetite for financial education amongst fintech users.
Paymenow, a leading earned wage access provider, reports that its users have completed more than 2.5 million financial education modules, demonstrating a clear desire among South Africans to improve their financial literacy and build better money management habits.
Yet despite this clear hunger for knowledge, access to quality financial education remains limited for many South Africans.
Studies show that financial literacy rates are lowest among those who arguably need it most, including women, young adults, and those without matriculation certificates.
Denise Neethling, Head of Marketing at Paymenow spoke to Peter Ndoro...