Nigeria FinTech Landscape - Impact Assessment

There are 3 key areas across which EFInA can support the growth of the ecosystem Areas Sponsor Regulatory Sandbox and innovation office Mobilize funding in targeted areas Lead advocacy for Financial inclusion ☐ Description Champion the regulatory sandbox and innovation office: Sponsor/Fund operations and resourcing of the team Connect team to global expertise (e.g. through linkages with other regulatory bodies; exchange programs; etc) Work with stakeholders to encourage sharing of quality APIs Sponsor annual "99 pain points" hackathon to channel fintech innovation to areas that matter Co-invest with investors or experienced entrepreneurs in commercially viable ventures in targeted areas (e.g. Female founded businesses; micro- financial services products; regional based businesses; etc) Contribute and mobilize other funding for innovation hackathon (99 pain points) Promote financial inclusion through targeted research, strategic industry forums and opportunity identification for Donors/Foundations Partner Stakeholders ■ Central Bank of Nigeria NIBSS NAICOM FinTechs Investors Donors/Foundations Federal competition and consumer protection commission Donors/Foundations ◉ 1 Create awareness on priorities (e.g. consumer protection, gender inclusion, etc) by launching a "Fintech" consumer guide/rating ☐ ☐ Establish a Fintech directory to build data on FinTech ecosystem and promote enhanced self-reporting FinTechs 178 EFINA

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