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.