Ademola says having the right physical to digital mix is particularly important for the success of the fintech industry in Nigeria. “When it comes to financial inclusion, you still have to reach customers where they are,” she said.
In Kenya, mobile money is almost synonymous with Safaricom’s M-Pesa. With more than 110,000 M-Pesa agents in the country, the telecom has about 40 times the number of bank ATMs. No other mobile money service has been able to successfully challenge Safaricom’s dominance, but not from a lack of trying.
As the Nigerian tech sector continues to expand and internet penetration trudges on, is our cybersecurity infrastructure growing in tandem?
Here’s the video of the panel session at TC Townhall: Fintech 2.0. The panel had fintech entrepreneurs and investors, with discussions around the history of fintech, regulatory issues, product thinking, last mile considerations and the future of fintech.
[Video] Watch Mimshach Obioha, Director for Innovation and Entrepreneurship, speak about the importance of collaborations between legacy companies and fintech startups at the Fintech 2.0 TC Townhall.
[Video] Watch Tomi Amao, CIO, Softcom, discuss Eyowo at the Fintech 2.0 TC Townhall. The platform allows you exchange monetary value with just a mobile phone number.