KPMG: FinTech Investment in Nigeria Records Over $200 Million in Two Years
A new report from KPMG, a global network of professional firms providing tax, audit, and advisory services, has revealed that investment in Nigerian FinTech companies over the last two years has exceeded more than $200 million. The report, “FinTech in Nigeria – Understanding the Value Proposition” [PDF], states that the past three years have been formative for the sector in Nigeria, which has seen the emergence of many startups, incubators, and investments. While putting the report together, KPMG engaged with 56 FinTech companies and seven incubators and accelerators in the country. Of the....
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