Africa Fintech Network

Fintech Industry Networkafricafintechnetwork.com

Africa Fintech Network is a Nigeria-based non-profit founded in 2018 that aims to unite African fintech entities through a digital hub for collaboration, innovation, and financial inclusion, funded by a $525,000 African Development Bank grant.

Company typePrivate
Founded2018
HeadquartersIkoyi, Nigeria
Headcount251–500
GTM typeB2B
OfferingServices

What Africa Fintech Network does

Africa Fintech Network (AFN) is a non-profit organization established in 2018 and headquartered in Ikoyi, Nigeria, that positions itself as a platform uniting fintech leaders and organizations to enable opportunities across the African fintech ecosystem. Its stated purpose is to address fragmentation in the African fintech landscape by providing a centralized venue for industry collaboration, innovation, and improved financial inclusion. The primary product concept is a digital hub for fintech entities across Africa, intended to serve as the coordination layer for the network's members and stakeholders.

The organization's business model and underlying technology are not disclosed in available sources. The only documented financial event is a $525,000 grant approved by the African Development Bank in April 2023 to fund the creation of the planned digital hub; no pricing model, revenue mechanism, or monetization strategy is described. Notably, the organization's public website (africafintechnetwork.com) currently displays only a default Apache2 Ubuntu server page, indicating that the digital hub has not been launched publicly and the platform described in the grant announcement is not yet operational. The organization reports a headcount of 251-500, but no management team, no product roadmap, no customers, and no operational metrics are disclosed. The owner of the organization is the African Development Bank as a grant funder, not an equity holder, and no other institutional or founding ownership is documented.

Africa Fintech Network firmographics

Firmographics

Name: Africa Fintech Network
Website: https://africafintechnetwork.com
Company type: Private
Founded year: 2018
Operating status: Operating
Headcount range: 251–500 employees
Short description: Africa Fintech Network is a Nigeria-based non-profit founded in 2018 that aims to unite African fintech entities through a digital hub for collaboration, innovation, and financial inclusion, funded by a $525,000 African Development Bank grant.
Ownership category
akta.pro rank

Africa Fintech Network industry classification

Industry

Product category: Fintech Industry Network
SIC: Finance Services (6199)
akta.pro primary industry: Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

Keywords

Fintech network
Financial inclusion
Digital finance hub
African fintech ecosystem
Fintech community platform

Where Africa Fintech Network is headquartered

Location

Headquarters

HQ city: Ikoyi
HQ country: Nigeria
HQ region: Africa

Markets served

Africa Fintech Network business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales

Africa Fintech Network product offering

Product offering

Core offering

Africa Fintech Network is a non-profit digital hub that brings together fintech leaders and organizations across Africa. Founded in 2018 and headquartered in Ikoyi, Nigeria, the organization aims to strengthen the African fintech ecosystem and advance financial inclusion through ecosystem-building activities supported by institutional grants.

Product overview

Africa Fintech Network (AFN) is an organization focused on strengthening the fintech ecosystem across Africa through collaboration and innovation. Based on the available source data, AFN received a $525,000 grant from the African Development Bank to create a digital hub for fintech entities. However, the primary website (africafintechnetwork.com) displays only a default server page with no accessible product or service content, preventing extraction of specific product offerings, modules, or named services.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

Improve financial inclusion through strengthened fintech ecosystem

Companies that use Africa Fintech Network

Customer profile

Segments1 record

Ideal customer profiles1 record

Africa Fintech Network technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Africa Fintech Network partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves2 records

Expansion highlights3 records

Africa Fintech Network competitors and assessment

Company assessment

Market position

Competitive moat2 records

Key highlights5 records

Customer concentration

Africa Fintech Network financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Africa Fintech Network leadership team

Management profile

Number of profiles

Africa Fintech Network funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Africa Fintech Network M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Africa Fintech Network

What does Africa Fintech Network do?

When was Africa Fintech Network founded?

Africa Fintech Network was founded in 2018. It employs 251 to 500 people.

Where is Africa Fintech Network based?

Africa Fintech Network is headquartered in Ikoyi, Nigeria, in the Africa region.

Does Africa Fintech Network have an API?

No public API is recorded for Africa Fintech Network.

What industry is Africa Fintech Network in?

Africa Fintech Network's product category is Fintech Industry Network. Its primary akta.pro industry code is FSAEAMAK, Fintech & Payments Partner / ISO Referral Networks. Its SIC code is 6199.