By Sina Fadare
President of the Fintech Association of Nigeria, Dr. Segun Aina has said that the conglomerate has contributed immensely to the growth of the nation’s economy by providing universal services to make banking business available to the nooks and crannies of the country.
Aina disclosed this during a well attended two day conference organised by Fintech.
He told the stakeholders who had come for the conference from 29 countries, that Fintech, in the last four years have synegised with companies of like minds, through innovation, creativity and notable applications that make business easily accessible to people even to the grassroots.
According to him, Fintech can boast of over 100 institutional members from nine sectors of the economy, all working together to connect, accelerate and advocate for manpower enhancement through the deployment of technology.
“We have built global partnerships and are recognised by the African Union, United Nations Economic Commission for Africa, African Development Bank, Afreximbank and others. These self-regulatory organisations have brought needed coordination to the Fintech ecosystem in Nigeria and Africa with linkages to and alliances with similar organisations in other markets.”
Speaking at the occasion, the Central Bank Deputy Governor, Financial System Stability, Mrs. Aishah Ahmad, said the apex bank is working round the clock to get operational framework that will improve the security and operation of financial technology firms.
According to her the regulator was planning more infrastructure in the sector adding that Fintech will help boost financial inclusion, credit access and promote economic growth.