Fintech Revolution Summit Nigeria 2023

Fintech Revolution Summit aims to bring together fintech leaders and FSI experts to discuss and deliberate the trends around financial technology and investment opportunities for finance sector. This dedicated event is the best opportunity to discover why Nigeria will become the Africa’s next fintech hub. FinTech founders, central bank officials, FSI experts, regulators, policy-makers, technologists, entrepreneurs, investors, academics and media from around the world will come together to learn, discuss, debate and network. Electronic payments are growing fast in the region – Nigerians transferred 105 trillion naira ($256 billion) in 2019.

In Nigeria’s financial industry, however, customers are still largely undervalued and underappreciated. For instance, access to services is a problem in rural areas; even urban citizens cannot obtain certain financial services, including loans, because of regulations governing the banking sector. This leaves many people who use the banks’ financial services unsatisfied.

The gaps left by these and other issues are currently being filled by fintech companies in Nigeria. The industry has the potential to be a bright spot for the nation’s economy. The market has been growing significantly as quick-thinking and creative companies try to capture market share by capitalising on significant unmet demands in the traditional banking sector. As a result, the payment environment is becoming more cohesive and at the forefront of innovation. Gains from the payments industry will help boost financial inclusion and the international remittance market.