FintechNGR Attracts Investments at Singapore FinTech Festival 2023

Emma Okonji

FintechNGR, the umbrella body for fintech players and the leading Fintech Association in Africa, led the Nigerian delegation alongside esteemed partners like Nigeria Interbank Settlement System (NIBSS) and Wema Bank/ALAT, to the Singapore FinTech Festival 2023.

FintechNGR used the occasion to woo global investors to invest in the Nigerian Fintech industry.

The global nexus for policy, finance, and technology provided a vital platform for FintechNGR to connect Nigeria with the rest of the world.

The festival, which brought more than 60,000 participants, 100 countries, and 1,000 brands together over the three-day event, saw FintechNGR’s pavilion emerge as one of the most visited, attesting to the heightened interest in Nigeria.

The COO of FinTechNGR, Dr. Babatunde Obrimah, said: “Our active participation through speaking engagements not only contributed to the global fintech knowledge base, but also showcased the pivotal role and impact of the Nigerian ecosystem on a broader African scale through product and brand exhibitions.

FintechNGR used the opportunity to attract foreign investments and businesses into Nigeria, positioning the nation as a hub for fintech innovation. Through engaging discussions, brand exhibitions, and strategic showcases, FintechNGR actively worked towards opening doors for Nigerian fintech enterprises to establish a global presence.”

The Singapore FinTech Festival, known for exploring cutting-edge financial solutions, regulatory landscapes, and technological innovations, provided an unparalleled platform for global collaboration and knowledge exchange.

FintechNGR’s presence underscored its commitment to driving global collaborations and showcasing the immense potential of the Nigerian fintech ecosystem.

“Looking beyond the event, FintechNGR is strategically positioned to leverage the extensive network established at the Singapore FinTech Festival. Plans are in place to forge partnerships for funding, facilitate knowledge exchanges and empowerment initiatives, intensify advocacy activities, and drive participants at our future events,” Obrimah said.