In a bid to deepen its impacts on the policy landscape and make innovation more entrenched in Nigeria, FintechNGR has partnered with the National Insurance Commission (NAICOM) to develop a Fintech Adoption Roadmap Policy for the Insurance Sector, a feat it achieved in 2019 when it collaborated with SEC to develop The Fintech Adoption Roadmap Policy in the Capital Market Similarly, FintechNGR is partnering with Galaxy Backbone, an agency of the Federal Government in charge

Nigeria Fintech Week (#NFW23) is thrilled to unveil the esteemed sponsors and partners for #NFW23, scheduled from October 24 to October 26, 2023. This year’s event promises to be bigger and better, with the support of leading organizations driving innovation and growth in the fintech industry.   Confirmed Sponsors: Zenith Bank: One of Nigeria’s leading financial institutions, Zenith Bank’s support underscores its commitment to driving innovation in the fintech sector. Mastercard: As a renowned global

The Fintech Association of Nigeria (FintechNGR) successfully concluded its 6th Annual General Meeting (AGM) on June 27, 2023. The event brought together distinguished attendees, including members of the Board of Trustees and Governing Council as well as prominent figures from the fintech ecosystem. FintechNGR, the premier national fintech association in Africa, remains committed to accelerating fintech growth, fostering innovation, and advocating for regulatory reforms in Nigeria’s dynamic fintech landscape. With over 2580 corporate and 117

The highly anticipated Nigeria Fintech Week (NFW) returns with a renewed focus on embracing resilience, driving innovation, and fueling diversification. Scheduled to take place from October 24 to 26, 2023. #NFW23 is poised to unite over 15,000 financial and fintech executives from 80+ countries across the globe for an engaging week-long series of events. NFW has firmly established itself as a premier event, attracting decision makers from prominent fintech companies, banks, insurers, technology service providers,

Dear FintechNGR Members, Firstly, let me congratulate every single one of us for making it through 2022, despite the hurdles and challenges faced both individually and collectively, and wish you a prosperous 2023. As an Association, we were faced with the dire need to galvanize our ecosystem; to respond positively and creatively to the sometimes-gloomy global economic outlook; support the growth of the businesses of our members; and assist regulators and the government in creating

Distinguished Ladies and Gentlemen, Thank you for being here with us today – both onsite and online – at the 6th edition of the Nigeria Fintech Week (NFW), the first to be held physically since the Covid-19 pandemic. I hope we are all charged up this morning, excited to learn, share ideas and visions, and develop strategies for the progression of both the Nigerian and global FinTech ecosystem. It is with great pleasure that FinTech

Since the year 2022 started, there has been consistent growth in the funding attracted by fintech startups from investors. In its State of Venture report on global funding inflows for Q2 2022, CB Insights states that startups recorded a total of $108.5 billion in funding in Q2 2022. But the story is only just beginning. Even though the funding raised is impressive, it is less than its 2021 counterpart for the same quarter. When we

In a move that fosters innovation in the fintech ecosystem, the Central Bank of Nigeria recently released the Nigerian Regulatory Framework for Open Banking to help organizations embrace a more competitive way of providing financial services in Nigeria. Open banking is a system of banking which enables a customer to grant third-party financial platforms access to his/her bank account information, account balances, investment history, payments and transactions. Through Open Banking, a customer can also authorize

Why is the Nigerian SEC Regulating Digital Assets? What Do Fintechs Need to Know? The Securities & Exchange Commission (the “SEC”) has an inherent economic role of facilitating capital formation. This means that from an economic standpoint, the SEC is also partly responsible for finding and regulating new and innovative ways by which members of the public can pool capital together to invest in and promote economic activity. Within that context, the SEC’s decision to