The President, Fintech Association Of Nigeria, Dr Segun Aina has expressed assurance to make Nigeria the leader of Fintech developments in Africa as part of its three-year roadmap of 2019 to 2022.
He added that the Association will also look at the issue of values to its members and broader funding base
The President made this known to journalists at the Annual General Meeting of the Association held yesterday in Lagos.
“We have a three-year roadmap from 2019 to 2021. In Africa, the three countries that are leading in terms of fintech investment to Africa are Nigeria, South Africa and Kenya.
“I want to be on top of that and make sure we lead Africa, and also compete with the best in the world in terms of FinTech developments.
“We are going to look at the issue of values to our members, the kind of new members we will have, and we are also looking at much more broader funding base”
“We are looking at how we can give much more value to the Nigerian ecosystem so that Nigeria can continue to be leading,” The President said.
Dr Aina expressed excitement at the year 2018, saying activities were conducted according to the core Association objectives of connect, advocate and accelerate
“2018 was very exciting and there were a lot of activities that were conducted in line with our three core objectives of connecting, advocate and accelerate.
“We did a lot of advocacy with regulators, the Central Bank of Nigeria, the National Insurance Commission, the Security and Exchange Commission and we recorded very great outcome particularly in the Capital market where it was recommended and it was approved by the Commission and the Capital market committee that a roadmap should be drawn up for the adoption of FinTech in the Capital market.
“That Committee has been formed and the Vice President of this Association is the chairman of that committee and some of our members are also serving in that committee” Aina explained.