Fintech Nigeria Holds 2019 AGM, Sets Three Year Roadmap 2019-2021

Proshare - Facebook Proshare - Twitter Proshare - Linked In Proshare - WhatsApp

Friday, April 12, 2019 10.40AM / Ottoabasi Abasiekong for Proshare WebTV


Fintech Association of Nigeria yesterday held its 2019 Annual General Meeting at the Nigeria Stock Exchange house in Marina,Lagos. 

It was an opportunity for the Governing Council led by the President Dr Segun Aina to engage members and stakeholders on the key developments in 2018 and strategies for 2019 and beyond.

Dr Aina in his statement said the Association since inception in 2017, has continued to pursue a three level mandate of Connect, Accelerate and Advocate for the development of the fintech ecosystem in Nigeria and Africa.

According to him in 2018, Fintech Nigeria’s proposal to the Capital Market Committee and the Securities and Exchange Commission, led to the creation of an industry-wide committee for fintech adoption in the capital market which is chaired by the Vice-President of the Association.

Speaking further Aina said the Association developed new local, continental and global partnerships and was instrumental to the process  that led to the establishment of the Africa Fintech Network  in December 2018 in Lagos, Nigeria.

Also, in the area of membership the President reported that membership increased from 13 founding members in 2017 to 63 in 2018, and is now 77 in 2019.

The Secretary of the Association Mr Isa Alade listed the following as major achievements in 2018 ;

  • Facilitating the  Adoption of the Fintech Roadmap in the Capital market
  • Participation in the CBN FSS 2020 Strategy Retreat
  • Significant membership increase
  • Inauguration of the Africa Fintech Network
  • Establishment of the UK-Africa Investment Group
  • Creation and Leadership of the Fintech Sub-Committee of Nigeria Economic Summit Group
  • Roll out of Fintech vision 2019-2021 (The Roadmap)

In the area of Roadmap, the Association set the following as its strategic goals between 2019-2021;

  •  To be the partners, drivers and thought leaders  of the Fintech landscape
  • To promote the growth of Fintech in Nigeria through networking, innovation and collaboration.
  • To be the go-to Association for fintech and other innovative technologies in Nigeria and Africa.
  • The Association also highlighted that it will look at three core areas namely;
  • Diversification of funding,
  • Creation of new membership categories to accommodate individuals and professional students and academic membership
  • Establish a secretariat that will manage and coordinate the activities of the Association.

The event also featured an interactive session  between the Associations governing council and members

Related Video

Proshare Nigeria Pvt. Ltd.


 Proshare Nigeria Pvt. Ltd.

Related News

1.       Fintech Association of Nigeria, Partners UNECA to formally Launch Africa Fintech Network

2.      Smart Streaming: Enterprise Financial Management

3.      Regulatory Sandboxes Not Always the Answer for Regulating Inclusive FinTech - UNSGSA

4.      Fintech In Sub-Saharan Africa: A Potential Game Changer

5.      GTBank Is Focused on Building A Single Trusted Integrated Platform - Segun Agbaje

6.      52nd Session of the Economic Commission for Africa; To Launch The Africa Fintech Network

7.      Introducing The Africa Fintech Network

8.     Announcing The Inauguration Of The African Fintech Network

9.      Role of the Capital Market In Developing Nigeria’s Fintech Ecosystem

10.  How Technology Can Transform Insurance in Nigeria

11.   Deepening the Financial Sector: Time for Growth

12.  A Guide To The Payments and Fintech Landscape in Nigeria

13.  How SMEs Approach Digitization

14.  Regtech and Suptech: The Regulators Roundtable

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.

Related News