Nigeria Fintech Week 2023 (#NFW23), which was much anticipated, has started.
For three days, it will bring together thousands of financial and fintech fans and leaders from over 80+ countries.
The #NFW23 event is widely regarded as Africa’s premier gathering for the financial technology industry. Leaders from traditional financial institutions, government officials, and global investors are brought together to define the future of finance in one of Africa’s busiest tech clusters.
This year’s theme, “Fintech: Resilience, Innovation, and Diversification,” highlights how vital it is for the industry to adapt and expand in response to challenges posed by the outside world.
Read also: Moniepoint makes the CB Insights’ Fintech 100 List
Participants should prepare themselves for an unrivalled lineup of events, which will include keynote addresses from prominent figures in the business, lively panel discussions, hands-on workshops, and countless opportunities for networking.
Mr Ade Bajomo, President of FintechNGR, voiced his excitement by saying, “The launch of #NFW23 is a momentous occasion, marking a new chapter in our journey towards fostering innovation and growth in the fintech sector.” Mr. Ade Bajomo’s words elicited a positive response from the audience.
This event is a powerhouse for catalysing change and pushing success because of the diversity of our attendees and the skills they bring to the table.
It is an honour for #NFW23 to have the support of such a distinguished group of sponsors, which includes well-known companies from across the world and inside Nigeria, such as Huawei, Interswitch, MasterCard, Zenith Bank, Banwo & Ighodalo, AWS, Opay, Thunes, and Remita, to name just a few.
Funke Opeke, CEO of MainOne; Will Stevens, U.S. Consul General; John Obaro, Founder & GMD of SystemSpecs; Chika Nwosu, CEO of Palmpay; and Dr. Krish Ranganath, Regional Executive West Africa, Africa Data Centre; are just some of the prominent business figures who are scheduled to speak at the event. They will be able to share their invaluable insights and experiences with the audience.
What’s in store for attendees
Those who attend can anticipate learning about cutting-edge innovations, gaining an understanding of the most recent developments in their respective industries, and forming new relationships. #NFW23 will provide all guests, regardless of where they are physically located, with the opportunity to take part in an immersive and all-encompassing experience through both in-person and online involvement.
Register yourself right now to take part in this historic event.
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Nigeria’s fintech sector
The financial technology (fintech) industry in Nigeria is in the midst of a paradigm-shifting change, and the strategic application of public relations (PR) is at the centre of this transformation. Public relations are becoming an increasingly important tool for fintech firms in Nigeria as they seek to displace traditional banking, expand their market share, earn customer trust, and attract investment.
When it comes to the activity that it has long had in the field of fintech investment, Nigeria has established a position that is currently dominating the industry. Companies based in Nigeria received around $1.51 billion, or 41.6 %, of the approximately $3.64 billion in capital that was secured by African fintech initiatives during the course of the most recent 8.5 years.
In recent years, the Nigerian banking system has been witness to a spectacular shift, and a large part of the credit for this transformation goes to the rise of creative fintech startups. Traditional banking practices have been revolutionised as a result of these disruptors’ introduction of cutting-edge technologies and services that redefine how banks carry out their business.
There are around six unicorn companies out of a total of 200 businesses. The newspaper Premium Times identifies Interswitch, Paystack, Flutterwave, OPay, and Jumia as the “unicorns” of the Nigerian tech industry.