TLDR:
- Mastercard hosted a Fintech Forum in Nigeria to foster collaboration and innovation in the fintech ecosystem.
- The event brought together key stakeholders to discuss the growth and development of the fintech landscape in Nigeria.
In a noteworthy celebration of Nigeria’s dynamic financial technology ecosystem, Mastercard convened key stakeholders at its Fintech Forum on March 20, 2024. The event served as a demonstration of the leading payments technology company’s ongoing commitment to the growth and development of the fintech landscape. The forum brought together key representatives from the fintech community, commercial banks, microfinance banks, processors, investors, regulators, and the government to discuss critical developments and trends in the Nigerian fintech landscape.
During the event, discussions emphasized the pivotal role of collaboration and innovation in shaping the future of Nigeria’s fintech landscape. Fintech companies have been at the forefront of revolutionizing various industries, serving as powerful vehicles for locally relevant solutions, financial inclusion, and innovative partnerships. The forum highlighted the industry’s sustained investment, with the Nigerian fintech sector receiving over $1 billion in the last two years alone. This surge in investment signifies the industry’s significant impact and potential for growth.
The event also featured a fireside chat and panel session, with key speakers from Mastercard and the government discussing the role of digitization in Nigeria’s economic development. Mark Elliott, Division President at Mastercard Sub-Saharan Africa, emphasized the importance of inclusive innovation and collaboration in driving sustained economic development. The event concluded with a vision for a future where strategic collaboration continues to drive positive change, innovation, and financial inclusion on a global scale.
