Nigeria is the undisputed fintech capital of Africa. The nation is rapidly moving away from cash toward seamless digital payments.
- Unicorn hub: Startups like Flutterwave and Interswitch command billion-dollar global valuations.
- Neobank surge: Apps like OPay, Moniepoint, and Kuda provide instant banking to millions.
- Financial inclusion: Digital wallets are bringing the unbanked population into the formal economy.
- Agency banking: Neighborhood kiosks act as human ATMs in remote rural areas.
Nigeria’s financial tech is setting the blueprint for global emerging markets.