Nigeria FinTech Landscape - Impact Assessment
Global FinTech Landscape Trends
There are 7 key trends shaping the global FinTech landscape, with key implications
for extension of finance in Nigeria (2/2)
Key Global Trends » Description
Open banking
Regulators are playing a stronger role globally to foster and shape innovation e.g. EU
push to offset big platforms, PSD2/Open banking and moving beyond sandboxes
Big Data/
Advanced
Analytics
☐
■ FinTech players are using a broader set of use cases across the sector to successfully
drive the application of advanced techniques (e.g. deep learning) and wave of new Al
business solutions
Shift to B2B
models
Shift towards B2B and partnership focus continues with startups serving more as
catalyzers than disruptors; large potential to make financial sector more efficient
B2C likely to remain attractive in emerging markets
SOURCE: Expert Interviews, Literature review
EFINA
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