The Enhancing Financial Innovation and Access (EFInA) and the British High Commission to Nigeria are set to support Nigeria’s financial inclusion drive through the support of FinTech across several hubs.
Both bodies, last week, held an interactive session with the Central Bank of Nigeria (CBN) and financial industry stakeholders in Lagos to power financial inclusion in Nigeria, where EFInA announced the winners of its $2 million Fintech Challenge Grant.
FinTech companies announced as winners of the $2 million Fintech Challenge Fund included CredPal, Capricom Digital, RIBY, SmartTeller, ExtraMile Africa and Social Lender.
The event themed ‘Powering Financial Inclusion through Fintech’, focused on exploring methods and activities to grow the ecosystem through increased funding and enhanced regulatory harmony.
EFInA’s Board Chairman, Mr. Segun Akerele, said with over $250 million in cumulative funding and about 200 active FinTech…
