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Lagos Fintech Week is Redefining Fintech Landscape in Nigeria – Founder Riby  

Seye Joseph

Founder and CEO of Riby, Salami Abolore has described the 2019 Lagos Fintech Week as an event that is redefining financial technology landscape in Nigeria.

The maiden edition of Lagos Fintech Week was held at the Oriental Hotel from April 23-26, 2019 and it attracted quality delegations from the Central Bank of Nigeria [CBN], Nigeria Inter-Bank Settlement System [NIBSS], Fintech startups, the banks and international Fintech companies including Open Vector and BPC and others.

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Themed Fintech: Exploring the huge opportunities, Lagos Fintech Week [www.lagosfintechweek.com.ng] featured Open Banking Masterclass, conferences, stimulating demos and insightful debates, exhibitions and awards.

Abolore said that the entire industry players are passionate about the conference as it offered industry-based solutions to the challenges in the industry.

He pointed further that event like Lagos Fintech Week should have government’s support to be able to create more atmospheres for Fintech innovations and solutions to thrive in the country.

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Citing the Afro-Asia Fintech Festival, which he attended in Kenya as an example, he said that event had the support of the Central Banks of Kenya and Monetary Authority of Singapore.

“I like the Fintech Festival because of the support it got from both governments of the countries that sponsored it,” he said.

Abolore asked the management of eMaginationsPR, organiser of Lagos Fintech Week, to create more platforms and events to attract more participants from different parts of the world to proffer solutions to many disturbing issues in the industry.

“Lagos Fintech Week is an event where we can come to tell ourselves the truth. If not at the level of financial services, we can table the problem of access to finance; financial instability people are facing on a daily basis. We must be able to come together at an event like Lagos Fintech Week to make meaningful and robust deliberations”, he advised.

According to him, the industry requires a conference where frank discussion affecting the stakeholders would not just be discussed, but solutions would be created as well.

“I want to see frank talks and frank solutions to problems at such conferences. We need a workshop where all the key stakeholders would come together to explain what need to put in place to solve the challenges of financial problems in the country”, he said.