This is based on funds announcement analysis on TechCrunch, TechCabal, and Nairametrics.While fintech firms accounted for 90.78 per cent of the $417.5m raised so far this year, edutech companies, healthtech firms, and communications tech organisations accounted for the remaining 9.22 per cent of the amount raised.
This is according to the African Tech Ecosystem of the Future 2021/2022 Ranking compiled by fDi Intelligence of Financial Times, in collaboration with Briter Bridges. Between 2014 and 2019, the Nigerian fintech space raised over $600m. According to the FinTech Association of Nigeria, investment in the financial service ecosystem is expected to exceed $400m in 2021, and its revenue base is estimated to reach $543m by 2022.
How does this tech thing work. Heard people are making alot from it .what would teach me
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