Bybit Takes Center Stage at Inclusive FinTech Forum to Enhance SME Cross-Border Payments

Bybit's Commitment to Financial Inclusion

On March 4, 2025, Bybit, renowned as the world's second-largest cryptocurrency exchange by trading volume, made significant strides at the Inclusive FinTech Forum held at the Kigali International Financial Centre (KIFC) in Kigali, Rwanda. The forum convenes global leaders and innovators to discuss financial inclusion and advancements in fintech, especially for small and medium-sized enterprises (SMEs).

Representing Bybit was Robert MacDonald, the Chief Legal and Compliance Officer, who participated as a key speaker at a roundtable discussion titled "Driving Inclusive Access for SME Cross-Border Currency Flows". The session focused on how SMEs across Africa can harness cross-border opportunities while navigating challenges such as currency volatility, liquidity issues, and payment security.

A Panel of Experts

Robert was joined by a distinguished panel, including notable representatives from the South African Reserve Bank, the Bank of Ghana, NALA, IM Bank Rwanda, and Liquid Group, among others. Moderated by Valence Kimenyi, the Director of Financial Sector Development and Inclusion at the National Bank of Rwanda, the dialogue shed light on innovative digital payment solutions and the regulatory frameworks necessary to foster an environment where SMEs can thrive.

MacDonald articulated the crucial need for clarity in regulations and collaboration among industry players to bolster SME growth. He stated, "SMEs represent about 90% of businesses in Rwanda; however, many are still grappling with obstacles that impede their access to reliable financial products and cross-border payment systems. By uniting regulators, fintech service providers, and financial institutions, we can establish a more inclusive financial ecosystem that facilitates secure international transactions while also addressing compliance and risk management issues."

The Inclusive FinTech Forum is an exceptional collaboration involving the Kigali International Financial Centre, the National Bank of Rwanda, and the Global Finance Technology Network (GFTN) — a not-for-profit entity initiated by Singapore's Monetary Authority. The aim is to bring together international leaders, investors, and fintech pioneers to advance regulations and partnerships that promote digital transformation and financial inclusivity.

Bybit's Future in Cross-Border Payments

Bybit's engagement in this noteworthy roundtable underlines its dedication to improving financial accessibility and positioning itself as a significant player in the future of cross-border payments and digital asset management. Bybit aims to empower individuals and businesses alike, creating a more open and equal financial landscape in the evolving world of decentralized finance.

The company emphasizes enabling builders, creators, and enthusiasts to unlock the full potential of Web3—interlinking traditional and decentralized finance frameworks. This mission, along with its commitment to regulatory compliance and innovation in financial services, continues to shape Bybit's role within the growing ecosystem of cryptocurrency and blockchain technologies.

As Bybit forges ahead, the outcomes of discussions from the Inclusive FinTech Forum may inspire policies and innovations that foster a more integrated global economy, providing SMEs with the tools and resources to thrive in an increasingly interconnected financial environment.

For further insights on Bybit’s initiatives and developments, the community is encouraged to engage through various social media platforms, including Discord, Facebook, and LinkedIn, or visit their official website. This active participation will ensure that all stakeholders remain informed and engaged with Bybit's ongoing efforts to facilitate a seamless financial future.