Nigeria FinTech Landscape - Impact Assessment
Global FinTech Landscape - Enablers
The growth of these FinTech ecosystems has been enabled by 5 key factors (3/3)
Description
Examples countries with successful
implementation
Enablers
Initiatives
Broadband coverage
Ubiquitous broadband coverage and
quality and affordability
■ India
■
USA (New York)
India
4 Infrastructure
Increased device
penetration
■
Indonesia
India
Digital infrastructure
University ecosystem
Improved smartphone and mobile phone
penetration due to lower prices.
Initiatives that allow easier access to
digital payments products e.g. digital ID,
eKYC etc.
Ecosystems where tech alumni have
strong affiliations with universities and
mentor current students
National digital training programs to
up tech talent
5 Talent
Training Programs
scale
Tech Hubs
Existence of big tech and engineering
companies which allows for
apprenticeships and development of tech
hubs
India
■
USA (Silicon Valley)
Russia
Malaysia
India
EFINA
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