State of play: Fintech in Nigeria

State of play: Fintech in Nigeria

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Summary

Nigeria, Africa’s largest country by GDP and population, is among the continent’s fintech leaders with a lively crop of start-ups and a growing suite of digital offerings from mainstream banks. Fintech revenues are forecast to reach an estimated US$543m by 2022, driven by increasing smartphone penetration and its unbanked population. 

Source: Economist Intelligence Unit

Published: 2020

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