The Bank of Ghana (BoG), on Friday, January 27, 2023, was presented with the “RegTech of the Year” award, at the second edition of the Ghana FinTech Awards 2022.

The award is in recognition of the consistency with which the Bank of Ghana has formulated appropriate regulations in support of new and innovative service offerings in the financial services sector.

The Ghana FinTech Awards is an annual FinTech industry award event, organized by the Ghana FinTech and Payments Association in collaboration with, auditing firm KPMG.

The Ghana FinTech Awards 2022 was aimed at recognizing and acknowledging the efforts and achievements of individuals and entities driving last-mile solutions.

There were 24 award categories presented to entities and individuals for their efforts and achievements in 2022.

These stalwarts, presently and over the years have contributed immensely towards the promotion of Ghana's FinTech competitive advantage and the journey to building a resilient FinTech space for economic growth and achieving financial inclusion.

The FinTech ecosystem and stakeholders are looking up to the regulator to offer more support to promote responsible innovation, and the Bank of Ghana is poised to deliver on that expectation.