Friday
September 7
2018

EFInA Boosts Financial Inclusion in Nigeria with $2m FinTech Challenge Fund

By Collins Nweze

Enhancing Financial Innovation & Access (EFInA) has launched a $2 million Financial Technology (FinTech) challenge fund for FinTech firms.

The fund is expected to boost the  usage of financial services by the low-income population in Nigeria.

EFInA used the opportunity offered by the recent visit of the British Prime Minister Theresa May to Nigeria to introduce the fund.

At a business networking event hosted by the British High Commissioner to Nigeria, Paul Arkwright, last Wednesday, EFInA’s Chair, Segun Akerele, introduced EFInA as a financial sector development organisation that promotes financial inclusion in Nigeria.

Photo courtesy of Shardayyy.

Source: The Nation Nigeria (link opens in a new window)

Categories
Inclusive Fintech
Tags
financial access, financial inclusion, financial innovation, financial services, fintech