FintechNGR

What FintechNGR does

FinTech Association of Nigeria (FintechNGR) is a self-regulatory, not-for-profit, non-political industry association incorporated in Nigeria by the Corporate Affairs Commission and a member of the Global Fintech Hubs Federation. Founded in 2017, it serves as the convening platform for Nigeria's fintech ecosystem with a stated mission to enable collaboration, policy engagement, talent development, and cross-sector linkages between innovators, financial institutions, regulators, and academia. Its membership base aggregates 600+ active entities spanning tier-1 Nigerian banks (Zenith, Access, First Bank, Sterling, Wema, Union, Stanbic IBTC, Fidelity, Ecobank, Jaiz, CitiBank), leading payments startups (Flutterwave, OPay, Moniepoint, PalmPay), regulatory bodies (CBN, SEC, NITDA, NCC, FCCPC, NAICOM), educational institutions, and individual professionals.

FintechNGR's product portfolio centers on (i) a digital membership portal (portal.fintechng.org) handling self-serve registration, renewal, and member directory; (ii) five member-led Communities of Practice covering Innovation & Technology, Cybersecurity & Risk Management, Economic Inclusion, Regulatory & Policy, and Industry Advocacy; (iii) a Learning Management System delivering professional certification, masterclasses, and workshops; and (iv) two flagship events — annual Nigeria Fintech Week (NFW), which scaled to 12,570 attendees in 2025 across Lagos, Abuja, Delta, and Enugu, and DevTribe, a developer-focused conference. Revenue is generated through a seven-tier membership pricing model (N2,000 student to N5,000,000 Corporate Strategic annual subscriptions), structured event sponsorships for NFW (Bronze N10M to Platinum N50M packages), and training/certification programs; no external funding rounds or parent ownership structure exist. The association is governed by a Board of Trustees and Governing Council, led by President Dr. Stanley Jacob, Vice President Dr. Jameelah Sharrieff-Ayedun, and Chairman of the Board of Trustees Dr. Segun Aina, with a lean paid staff (1–10) complemented by 62 active volunteers contributing 20+ hours monthly. Financially, FintechNGR reports a 4.65:1 liquidity ratio in its 2024 audited financials, and at its July 2025 AGM announced an aggressive revenue/sponsorship target of over NGN 1 billion for the 2025 cycle.

Name

FintechNGR

Legal name

FinTech Association of Nigeria

Website

https://fintechng.org

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

FinTech Association of Nigeria (FintechNGR) is a non-profit, self-regulatory fintech industry association founded in 2017 that convenes 600+ members — including banks, fintechs, regulators, and professionals — through events, training, advocacy, and five Communities of Practice.

Ownership category

akta.pro rank

Product category

Industry Association / Fintech Ecosystem Services

NAICS

Grantmaking and Giving Services (81321)

SIC

Finance Services (6199)

akta.pro primary industry

Fintech & Payments Partner / ISO Referral Networks (FSAEAMAK)

Keywords

• Fintech industry association
• Industry advocacy services
• Professional training programs
• Membership-based community
• Fintech ecosystem events

Headquarters

HQ city

Falomo

HQ country

Nigeria

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: Tiered membership subscriptions ranging from N2,000 (students) to N5,000,000 (Corporate Strategic) annually. Multiple categories: Corporate (Strategic, Premium, Basic), Startups, Professionals, Academic, Students
2. Event Sponsorships: Nigeria Fintech Week generates sponsorship revenue through Platinum (N50M), Gold (N30M), Silver (N20M), Bronze (N10M) packages, plus exhibitor booths and advertising placements
3. Training and Certification Programs: Professional certification programs, masterclasses, workshops, and industry training delivered through the Learning Management System

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

FintechNGR is a not-for-profit fintech industry association that convenes Nigeria's fintech ecosystem through tiered membership subscriptions, flagship events (Nigeria Fintech Week and DevTribe), five thematic Communities of Practice, regulatory advocacy with government bodies, and professional training and certification programs delivered via a Learning Management System. The association generates revenue through membership fees, event sponsorships, and training programs.

Product overview

FintechNGR operates as a not-for-profit industry association rather than a product company. Its service portfolio centers on industry convening through flagship events (Nigeria Fintech Week, DevTribe), member community engagement (Communities of Practice), professional development (Learning Management System, training programs), and regulatory advocacy. The membership portal provides digital access to the association's network and resources. These offerings work together to advance Nigeria's fintech ecosystem through connection, knowledge-sharing, and policy engagement.

Differentiator

Problem solved

Functional benefit

Brands

• Nigeria Fintech Week (NFW): Africa's premier fintech event organized by FintechNGR, bringing together innovators, investors, and policymakers to shape the future of finance.
• DevTribe

Products and services

• Nigeria Fintech Week (NFW) Africa's premier annual fintech gathering bringing together innovators, regulators, investors, and policymakers to shape the future of digital finance in Africa through keynote sessions, panel discussions, startup showcases, regulatory dialogues, and ecosystem networking.
• DevTribe Conference Annual software developer-focused conference convening Nigeria's software developers, tech professionals, founders, and ecosystem enablers for technical exchange, innovation showcases, and career fair participation.
• Membership Portal Online membership management platform providing members exclusive access to a network of 360+ fintech companies, industry partners, resources, research outcomes, job opportunities, and event registrations.
• Communities of Practice (CoPs) Five member-led thematic groups covering Innovation & Technology, Cybersecurity & Risk Management, Economic Inclusion, Regulatory & Policy, and Industry Advocacy, each led by experienced members driving industry direction.
• Fintech Industry Training and Certification Programs Training programs, mentorship initiatives, and industry collaborations equipping professionals with relevant skills and certifications for the fintech sector, including professional certification programs in fintech, compliance, risk, and emerging technologies.
• Regulatory Advocacy Services Active engagement with regulators including CBN, SEC, NITDA, NCC, FCCPC, and NAICOM to shape Nigeria's digital economy through participation in regulatory forums, policy roundtables, committees, and working groups.
• Learning Management System (LMS)

Quantifiable outcome

• 600+ active members across fintech value chain
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Africa Fintech Network (AFN)coreStrategic or Co-development Partner · 7 October 2025Active collaboration with Africa Fintech Network and other global fintech alliances reinforcing Nigeria's positioning within the global fintech landscape across Africa, Middle East, Europe, and Asia
• Global Fintech Hubs FederationcoreStrategic or Co-development PartnerMember of the Global Fintech Hubs Federation, connecting Nigerian fintech ecosystem with global fintech hubs network
• Central Bank of Nigeria (CBN)coreStrategic or Co-development PartnerActive regulatory engagement with CBN on fintech policy development, licensing, and regulatory framework alignment
• Securities and Exchange Commission (SEC)coreStrategic or Co-development PartnerCollaborative engagement with SEC on digital assets regulation, fintech licensing, and investor protection frameworks
• NITDA (National Information Technology Development Agency)coreStrategic or Co-development PartnerRepresentation on NITDA's Cybersecurity Steering Group; collaboration on technology policy and digital transformation initiatives
• National Insurance Commission (NAICOM)coreStrategic or Co-development PartnerRegulatory engagement with NAICOM on insurtech policy development and insurance sector digitalization
• Nigerian Communications Commission (NCC)coreStrategic or Co-development PartnerEngagement with NCC on telecom-fintech convergence, payment service regulations, and digital infrastructure policy
• FCCPC (Federal Competition and Consumer Protection Commission)coreStrategic or Co-development PartnerCollaboration with FCCPC on consumer protection frameworks and fintech market conduct regulations
• Association of Securities Dealing Houses of Nigeria (ASHON)minorOthersLogo partner displayed on partnership page
• Chartered Institute of Arbitrators (CIArb)minorOthersLogo partner displayed on partnership page
• University of Lagos (UNILAG)minorOthersLogo partner displayed on partnership page representing academia collaboration
• Information Security Society of Nigeria (ISSAN)minorOthersLogo partner displayed on partnership page
• Vorian CorelliminorOthersLogo partner displayed on partnership page
• Chief Audit Executives AssociationminorOthersLogo partner displayed on partnership page
• Chartered Institute of Bankers of Nigeria (CIBN)minorOthersLogo partner displayed on partnership page
• The CIO (Nigerian Chief Information Officers)minorOthersLogo partner displayed on partnership page

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FinTech Australia: Australia's peak industry body for fintech, with corporate and startup memberships, regulatory engagement with ASIC/RBA, and a major annual conference (Intersekt). Direct comparability as a national fintech trade body operating in an English-speaking market.
• Fintech Association of Kenya: Kenyan fintech industry association focused on regulatory engagement with the CBK and Capital Markets Authority, plus ecosystem events in East Africa. Most relevant African peer given Kenya's parallel status as a leading African fintech market.
• Singapore FinTech Association: Singapore's national fintech industry association, founded in 2016 as a non-profit. Operates multiple Communities of Practice, runs the Singapore Fintech Festival, and engages the MAS on regulatory matters. Structurally and operationally almost identical to FintechNGR.
• FinTech Association of Japan: Japanese fintech industry body offering tiered membership (corporate and individual), Communities of Practice, regulatory dialogue with the JFSA, and ecosystem events. Highly comparable in operating model and member-tier structure.
• Africa Fintech Network: Pan-African network that connects national fintech ecosystems; FintechNGR is an active member/partner. Operates a federation model across African markets, making it the most directly comparable umbrella body in the same geography.
• LHoFT (Luxembourg House of Financial Technology): Public-private fintech innovation hub backed by the Luxembourg government, offering memberships, accelerator programs, and international fintech events. Comparable in operating a national fintech ecosystem platform with regulatory and government backing.
• Innovate Finance: UK-based independent industry membership association for the fintech sector. Operates as a non-profit with tiered corporate memberships, regulatory advocacy with the FCA, and convenes major industry events. Closest analogue to FintechNGR's operating model in a more mature fintech market.
• FintechNZ: New Zealand's fintech industry association with tiered memberships, government advocacy, and a flagship fintech summit. Comparable structure as a smaller-market English-speaking fintech trade body.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/fintechngr
• LinkedInlinkedin.com/company/fintechngr
• Instagraminstagram.com/fintechngr

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about FintechNGR