A market born out of remittance, pushes forward with leaders scaling beyond to leverage competences they have formed and polished

Nigeria fintech market is a tough spot: a major market in Africa by population alone, it exhibits both adoption of digital payments and mobile first interfaces as well as of ecommerce delivery — but require smartness around cost of offline grid to support cash top-ups.

The market size and divergence in income, tech adoption, overall literacy also creates massive requirement to attract and compete for the segments one can get.

The market dynamics and models employed by current players are fascinating. Below a systematised current status of play for fintech in Nigeria.

Full PDF on Nigerian fintech market via link

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Finextra link

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