Strategy Note /
Nigeria

Key success factors for Nigeria fintechs and the challenges ahead

  • Nigeria boasts of some of the most successful African fintech unicorns like OPay, Chipper Cash, Flutterwave, Interswitch

  • Top factors driving fintechs' success include forming strategic partnerships, raising product quality, access to credit

  • Key challenges limiting growth include financial illiteracy, weak tech infrastructure and regulatory restrictions

Key success factors for Nigeria fintechs and the challenges ahead
Rohit Kumar
Rohit Kumar

Global Financials/Thematics

Contributors
Rabail Adwani
Rahul Shah
Tellimer Research
26 October 2021
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