‘Fintechs attracted over $600m in 2019’

The Financial Technology (FinTech) space attracted over $600 million in investment between 2014 and last year, the Managing Director/Chief Executive Officer(CEO) of the Nigeria Deposit Insurance Commission (NDIC), Alhaji Umaru Ibrahim, has said.
 
Ibrahim made this known yesterday in Lagos at a workshop by the NDIC for reporters . It had as theme, ‘COVID-19 and FinTech disruption: Opportunities and challenges for banking system and deposit insurance.’
 
He said Nigeria houses over 200 fintech firms, which last year alone, attracted $122million of the $491.6million raised by African fintech startups, adding that only Kenya attracted more at $149 million…
 
More details through:
https://thenationonlineng.net/fintechs-attracted-over-600m-in-2019/
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