NSE, FinTech Association of Nigeria to Highlight Capital Raising Opportunities for FinTech Sector

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Tuesday, October 20, 2020 / 04:47 PM / By NSE Nigeria / Header Image Credit: Twitter; @NSEcontact


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The introduction of Financial Technology (FinTech) in Nigeria's financial landscape has led to enhanced propositions across the value chain. With over 200 FinTech standalone companies in Nigeria, the sector is still relatively young offering significant opportunities for growth and expansion across the consumer spectrum. To facilitate access to these opportunities, the Nigerian Stock Exchange (NSE or The Exchange) has partnered Fintech Association of Nigeria to a FinTech sector webinar on Thursday, 22 October 2020.  

 

It has been gathered that the webinar with the theme, Accelerating Growth in the FinTech Ecosystem through the Nigerian Capital Marketwill bring together industry experts and regulators to identify these challenges and jointly collaborate to provide solutions to address the needs of the FinTech community in Nigeria. Interested participants can register to attend.

 

The event will be headlined by the President, FinTech Associates Limited, Dr. Segun Aina and will feature a stellar line-up of speakers across the FinTech sector who will identify challenges in the ecosystem, explore existing opportunities and values that a partnership will harness, and focus on approaches that will deepen the capital market and accelerate growth in the Nigerian FinTech ecosystem.

 

Speaking about the webinar, the Divisional Head, Listings Business, Olumide Bolumole, noted that, "The FinTech industry in Nigeria continues to gain increasing popularity after taking the lead in Africa and attracting $122 million in funds in 2019. At The Exchange, we recognize the opportunity to provide a platform where players in the FinTech landscape can have easier access to right-sized capital to fulfil their organisational objectives. The NSE is, therefore, committed to developing multiple solutions to address the needs of the FinTech community in Nigeria such as the provision of the NSE Growth Board. The Exchange will also prioritise collaborations with organisations such as FinTechNGR to ensure solutions from this webinar are implemented for the benefit of the sector".


Some of the other confirmed speakers at the event include Mohamed Garuba, Partner, CardinalStone Partners Limited; Gbite Oduneye, CEO, Eagle Global Markets; Babs Ogundeyi, CEO, Kuda Bank; Yemi Saka, Partner/West Africa West Africa Leader Deloitte; and Godstime Iwenekhai, Head, Listings Regulation, NSE.


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