Innovators and investors to participate at Lagos fintech summit

17 Sep 2018
Financial Nigeria

Summary

Speakers lined up for the Africa Fintech Summit (AFTS) include the Chief Economist of PwC Nigeria, Dr Andrew Nevin; Managing General Partner of EchoVC, Eghosa Omoigui; CEO of Diamond Bank, Uzoma Dozie; Co-founder of Flutterwave, Iyinoluwa Aboyeji; and CEO of PayStack, Shola Akinlade.

Co-founder, Flutterwave, Iyinoluwa Aboyeji

The Africa Fintech Summit (AFTS) will hold for the first time in Lagos, Nigeria, on November 8-9, 2018 at the Civic Centre, Victoria Island. 

The biannual event will bring together innovators, investors, policy makers and other key stakeholders in the fintech sector to discuss technologies transforming finance on the continent, debate regulatory policies, compare best practices, and forge new ventures.

The maiden edition of the AFTS held in Washington, D.C. in April 2018. The summit is an initiative of Dedalus Global, an investment consultancy firm focusing on emerging markets and emerging technologies.

“The first edition of the Summit in D.C. was a launch pad for several milestone fintech deals struck among its delegates in the months after the event,” said CEO of Dedalus Global and Chairman of the Summit, Leland Rice. “We plan to build on these successes in Lagos, with a focus on bringing innovators and policy makers together to move the needle on fintech regulation and bringing founders and investors together to facilitate further capital raises.”

Rice added that Lagos is an ideal host city; an epicentre of Africa’s fintech revolution and the driving force behind the continent’s entrepreneurial spirit. 

“The successes of companies such as Paga, Flutterwave, Mines.io, and Paystack have strategically positioned Lagos as the destination of choice for investors,” he said.

The two-day event, according to the statement by Dedalus, will feature investor missions from the United States, United Kingdom and the UAE; an Alpha Expo featuring the most exciting startups and entrepreneurs in Nigeria; a block-chain masterclass; and awards ceremony.

Speakers lined up for the event include the Chief Economist of PwC Nigeria, Dr Andrew Nevin; Managing General Partner of EchoVC, Eghosa Omoigui; CEO of Diamond Bank, Uzoma Dozie; Co-founder of Flutterwave, Iyinoluwa Aboyeji; and CEO of PayStack, Shola Akinlade, whose company recently raised $8 million Series A funding.

Speaking on decision to host the summit in Lagos, the Senior Special Assistant to the President on Technology, Lanre Osibona, said, “This reflects the progress Nigeria is making in the areas of technology and financial services.” Osibona added that the government looks forward to collaborating with the organising committee and to a successful event in Lagos.


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