Addressing the Critical Financial Challenges of Nigerian FinTechs
Nigeria, a country at the forefront of technological advancements in Africa, has witnessed significant growth in its financial technology (FinTech) sector. Nigerian FinTechs have emerged as powerful agents of change and transforming the way people access and manage their money. However, amidst this rapid development, there exist crucial financial problems that Nigerian FinTechs should […]
3 Solutions Nigerian FinTechs Can Provide The Agricultural Sector In Nigeria
FinTechs in Nigeria have not yet explored the opportunities of solving a series of problems plaguing the Nigerian agricultural sector. This problem is a global situation. Many FinTechs are yet to see the possibilities of delving into the agricultural sector fully. Read more about FinTech Many FinTechs are rather focused on businesses outside agribusiness. […]
The Rise Of Chinese FinTech Industry: Lessons For Nigerian FinTechs
China, over the years, has been reputed as the country with the largest FinTech ecosystem. It beats its rivals, the United States and Europe. Dominated by tech and internet giants like Tencent, Ant, and JD.com, China, more than any other country in the world, has built a FinTech industry that serves the underserved. Studies […]
Top 5 Global Accelerators For Nigerian FinTechs
Accelerators have become a vital part of startup ecosystems around the world. These institutions help early-stage ventures with the technical support, networks, and funding they need to leapfrog several stages of growth within a relatively short period. Read more about FinTech Several Nigerian startups have been admitted into accelerator programs, and have enjoyed the […]
How Nigerian FinTechs Raised $439 Million In 2020
Nigerian FinTechs raised a cumulative $439 million in the year 2020. That’s according to a report published by EY Nigeria and the FinTech Association of Nigeria. The amount represents about 20% of the total raised by FinTechs in Africa within the same period. Read more about FinTech In a year blighted by the COVID-19 […]
Should Nigerian FinTechs Be Wary Of Regulators?
The first half of the year 2021 has been a regulatory nightmare for many FinTechs in Nigeria. On Friday, February 5, the CBN issued a circular that effectively banned local banks from processing transactions related to cryptocurrencies. Several crypto startups were affected. Read more about FinTech And in April, the Securities and Exchange Commission […]