Excellence will be rewarded when the finest of the Nigerian Fintech companies gather for honours at this year’s edition of the Nigerian Fintech Awards, which is in its tenth year.
Hosted by one of Africa’s oldest and most impacting publications on financial technology, Fintech Africa, the awards recognise excellence in product designs and service deliveries in the financial technologies during the awards ceremony later in the last quarter of 2022.
Hailed as the “Fintech’s finest honour” by past winners, the gong recognises various achievements of Fintech companies and products in major categories.
Few of the standout groups in the pool are payments, personal finance, wealth management,fraud protection, banking, lending, regulatory and insurTech.
Some past winners of the Nigerian Fintech Awards have been Xpress Payment Solutions, Renmoney, and Zedvance among others. The 2022 edition of the awards will hold at the prestigious Oriental Hotel on November 4. This is the 10th anniversary of the awards.
Former CEO of Renmoney, Oluwatobi Boshoro, had said the award is an affirmation of Renmoney’s efforts to seek innovative ways of serving its customers. “This award is a testament to the creative and innovative work that everyone on the Renmoney team is doing to ensure that our customers are well served.”
Sola Fanawopo, the Editor-in-Chief of Fintech Africa publication in a telephone chat with Newsclick Nigeria on Monday morning said that “We are excited to announce that the 2022 Nigerian Fintech Awards ceremony will take place at the prestigious Oriental Hotel, Lekki.
“As the tenth year of the awards, this is the perfect platform for fintech companies to celebrate their achievements with partners, friends, and colleagues.
The ceremony also offers a high networking opportunity to mix with the leading fintech professionals.”
Newsclickng.com reports that the organisers will be rolling out the award categories soon to enable players in the Fintech space determine which category(s) represent the best opportunity to pitch and win for their respective brands
Statista reports that there were 144 fintech startups as of 2021 and a 2020 McKinsey report puts the number of standalone fintech startups at over 200.
According to a report by Private Equity and Venture Capital Association of Nigeria (PEVCA) n the first quarter of 2021, the Nigerian fintech industry generated about $293.2 million in revenue, with over 70% of the said revenue realized from foreign direct investments (FDI).
