The evolution of fintech in the last decade has been rapid, with Africa at the forefront of the global fintech revolution. Having been frequently ranked a top 5 leading African country for the sector, it is no surprise that of the seven unicorns on the continent, five are Nigeria-founded, and three are fintech companies. This feat is worth celebrating as Nigeria marks her 62nd birthday today.
This phenomenal performance and growth is undoubtedly possible due to the enabling environment and leadership that Nigeria continues to provide via regulatory authorities such as the Central Bank of Nigeria . Exactly a year ago, Nigeria made headlines for being the first African nation to introduce a digital currency, the eNaira.
Most fintech now are 419 especially those involve in financial activities
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