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    • Welcome to

      FINTECH ASSOCIATION OF NIGERIA

      Our mission is to foster an ecosystem that supports all stakeholders to achieve a thriving and growing Nigerian FinTech industry.
      Learn More      Become a Member
    • What we do

      Since inception, the Association has consistently been interfacing with the regulators such as Central Bank of Nigeria, Security Exchange Commission, National Insurance Commission, and the government at all levels with a view to developing the Fintech ecosystem.
    • Our Vision

      To make Nigeria one of the world’s leading markets for finTech Innovation and Investment.

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    We facilitate

    Since inception, the Association has consistently been interfacing with the regulators such as CBN, SEC, National Insurance Commission, and the government at all levels with a view to developing the Fintech ecosystem.

    More About Us

    FinTech Association of Nigeria (FintechNGR) is a self-regulatory, not-for-profit and non-political organisation incorporated in Nigeria by the Corporate Affairs Commission CAC and a member of the global body Global Fintech Hubs Federation. The Association was established to serve as a platform for the development of the financial technology (“Fintech”) industry in Nigeria and to be a forum for the exchange of ideas and dissemination of information by and between various stakeholders in the Nigerian financial technology services industry.

    Connect

    Connect with stakeholders in the Fintech community locally, regionally and internationally to establish a critical bridge for the Nigerian Fintech ecosystem and ensure that support systems exist for a more conducive operating environment through collaborative efforts.

    Accelerate

    Develop a virile thought-led engagement channel for the Fintech community in Nigeria including research, technical, policy formulation reviews, legal and regulatory information and implementation support that impacts economic development, diversification and deployment of resources which ultimately provides opportunities for the industry and its members.

    Advocate

    Engage with industry players including regulators, legislature, government agencies and NGO’s in policy making to support Fintech innovation and provide feedback to the Fintech community on issues affecting Fintech and related sectors.

    OUR GOVERNING COUNCIL

    The substantive Governing Council of the Association is made up of seasoned professionals
    Learn More

    Meet some of our amazing members

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    Updates from our Newsroom

    FintechNGR Participated in the Maiden UK-Africa Investment Summit

    February 6, 2020
    Fintech Association of Nigeria was among the entities invited by the government of the United Kingdom to participate at the event that brought together key decision-makers, business moguls, influencers, top government functionaries, innovators and others in the UK and African circle to deliberate on the prospects of business and investment opportunities between the Kingdom and the continental as Brexit draws near. At the end of the Summit, we see a lot of prospects for fintechs in Africa especially in the area of funding, shared resources, regulatory support, talent development and innovative solutions transfer. FintechNGR is excited to have contributed to the actualisation of the Summit through its President, Dr Segun Aina who is a member of the UK Africa Fintech Investment Group.  Recall, the UK-Africa Fintech Investment Group chaired by UK Prime Minister Ambassador for Business Fintech, Alastair  Lukies had the inaugural meeting of the Group co-chaired by Mr Lukies in London and Dr Aina in Lagos on the eve of the maiden Africa Fintech Festival organised by FintechNGR and Fintech Associates Ltd in Lagos in December 2018. The full offerings of the UK-Africa Investment Group would be greatly realised as an outcome of this Summit. Dr Segun Aina President, FintechNGR and Mr Gbite Oduneye, CEO, Eagle Global Markets (a member of FintechNGR) joined the rest of the world including Presidents of twenty-one African countries at the event and the subsequent launch and reception of the Catalyst Fund. The FintechNGR and Africa Fintech Network delegation to UK-Africa Investment Summit also engaged the teams at Financial Conduct Authority and Innovate Finance to further deepen supports and partnerships around regulation, global best practice, knowledge exchanges and training.

    FintechNGR Joins the Fight against Money Laundering in West Africa, Participated in GIABA Event

    February 6, 2020
    FintechNGR is getting more involved in entrenching Fintech as a veritable tool in combating financial and cybercrime in Africa as the Association represented by its COO, Dr Babatunde Obrimah participated in a two-day Seminar organised by Inter-Government Action Group against Money Laundering in West Africa (GIABA) held in Sally, Dakar, Senegal on the 16th-17th of January 2020. Read More Dr Obrimah made a presentation on THE SCOPE AND EXTENT OF FINANCIAL TECHNOLOGY AND ITS DEPLOYMENT at the event. In his presentation, he harped on the need to build the capacity of Regulators in the Region on digital transformation, the necessity of the Regulators especially the Central Banks having sandboxes, foster handshake with the rest of the world on global best prices and leverage Regtech tools and blockchain elements to combat crime and money laundering in the Region.  

    The Nigerian Stock Exchange, NSE Launches the Growth Board, Recognises FintechNGR as a Strategic Partner

    February 6, 2020
    FintechNGR was among the Value-Added Service Providers and Strategic Partners recognised by NSE on Wednesday, 29th January at the launch of the Growth Board as Dr Babatunde Obrimah, COO, FintechNGR joined the CEO of NSE, Mr Oscar Onyema and other Strategic Partners in sounding the closing gong. The Growth Board encourages the listing of companies, which are active in their respective sectors and have exhibited high growth potential. The Growth Board is designed to offer relaxed entry criteria – less stringent listing requirements, that provide greater accessibility for growth-oriented companies, making it easier to attract capital flows and at reduced pre and post-listing requirement obligations. We are excited to be part of the process leading to the launch of the Growth Board by the Nigerian Stock Exchange. Recall, the Governing Council of Association on 21st December 2017 led selected budding Fintechs/SMEs from the ecosystem to the Exchange to brainstorm on the NSE Alternative Securities Market “ASEM” as a “Growth Board”, the insightful, robust, fruitful and indeed, a value-based engagement provided salient inputs and structural adjustments to the “Growth Board”, making it more encompassing. Download Rules of Listing on the Growth Board Nine member institutions of FintechNGR – Proshare, Deloitte, The New Practice, G.Elias & Co, Udo Udoma & Bello Osagie Law Firm, Olaniwun Ajayi Law Firm, Banwo & Ighodalo Law Firm, Alliance Law Firm, Africa Prudential and others were also recognised. Download the Growth Board Value Propositions and the Rules for Listing on the Exchange under the initiative

    2019 in Retrospect

    January 8, 2020
    Kindly download the overview of FintechNGR journey of impacts in regulatory supports, membership growth, capacity building, education and partnerships in 2019 as 2020 holds the great promise of consolidation of impacts, membership growth and testing of new waters in the area of regulatory and legal support, research, programmes and events, skill enhancement and capacity building, youth focused digital education as well as the continued support for growth of Africa fintech Network as  a platform for fostering shared continental fintech growth and opportunities.      

    FinTech Association of Nigeria (FinTechNGR) Restructures and Strategically Appoints Dr. Babatunde Oghenobruche Obrimah as Chief Operating Officer.

    August 26, 2019
    Fintech Association of Nigeria was established in 2017 to foster an ecosystem that supports all stakeholders to achieve a thriving and growing Nigerian FinTech industry and to make Nigeria one of the world’s leading markets for FinTech Innovation and Investment. The association has embarked on the implementation of its three (3) year strategic plan (2019 – 2021) aimed at strengthening its capacity to be of greater relevance to all its stakeholders. These involved restructuring of its Secretariat, opening up membership to individuals and establishing new and sustainable funding sources for the Fintech industry. To achieve these objectives, management of the Association has been strengthened with the recruitment of a Chief Operating Officer, an Engagement Manager and a Relationship Manager. Dr. Segun Aina, President of FinTechNGR commented that “Dr. Obrimah is joining Fintech Nigeria at this crucial stage to position the Association as one of the most impactful on the globe”. Dr. Obrimah is happy to join the FinTech team and expressed his intentions to ensure that FinTech Nigeria achieves its objectives of positioning FinTechNGR as one of the best in the world through synchronization of talents, capacity development, capital, markets, progressive regulation and strong government support for its members. These objectives he further indicated will be activated through many programs and activities such as establishment of a unique innovation Program especially for start-ups by linking talents to capital and markets as well as working with regulators to develop frameworks to support the Fintech Industry, ensure business ethics and good corporate governance. FintechNGR will work with government to develop policies and to institutionalize technology as the tool of the future by ensuring that Fintech Curriculum is introduced into the tertiary institutions to prepare the country for the future that will be driven by emerging technologies such as Artificial Intelligence, blockchain, virtual reality and others. Dr. Obrimah, the Chief Operating Officer is a fintech enthusiast who has nurtured a few startups and participated in a number of Fintech activities and initiatives. He is multi-skilled with wealth of experiences spanning the banking sector, non-bank financial services consulting/project management and Public Sector. Prior to joining Fintech Nigeria, Dr. Obrimah was head of the Industrial Commodities Value Chain at NIRSAL Plc. (a subsidiary of the Central Bank of Nigeria). Babatunde holds a Doctorate in Business Administration (D.B.A.) from Northcentral University U.S.A, M.B.A. (Management) from ESUT Business School, B.Sc. Agric. /M.Sc. Agronomy from University of Ibadan and he is PMP and PRINCE2 certified. He has attended various international and local programs on leadership, strategy, marketing, risk management, and United Nations Training on Trade Facilitation amongst others. Also appointed is ‘Damilola Ishie into the role of Engagement/Relationship Manager. ‘Damilola has extensive experience in the areas of Operations Analysis, Brand Management/Positioning, Strategic Business Planning/Execution, Human Resources and Business Development. She is a graduate of Philosophy from the Lagos State University and is currently in pursuit of a Global MBA. The erstwhile Administrative Secretary, Seun Folorunso is assuming a new role of Resources Manager. Seun has vast knowledge of fintech