FintechNGR
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.
- Company typePrivate
- Founded2017
- HeadquartersFalomo, Nigeria
- Headcount1–10
- GTM typeB2B
- OfferingServices
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.
FintechNGR firmographics
Firmographics- 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
FintechNGR industry classification
Industry- 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
Where FintechNGR is headquartered
LocationHeadquarters
- HQ city
- Falomo
- HQ country
- Nigeria
- HQ region
- Africa
Offices4 records
Markets served
FintechNGR business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- 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
- Event Sponsorships: Nigeria Fintech Week generates sponsorship revenue through Platinum (N50M), Gold (N30M), Silver (N20M), Bronze (N10M) packages, plus exhibitor booths and advertising placements
- Training and Certification Programs: Professional certification programs, masterclasses, workshops, and industry training delivered through the Learning Management System
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Corporate Strategic - N5,000,000 per year |
| Subscription | Annual | Corporate Premium - N550,000 per year |
| Subscription | Annual | Corporate Basic - N200,000 per year |
| Subscription | Annual | Startups - N30,000 per year |
| Subscription | Annual | Professionals - N20,000 per year |
| Subscription | Annual | Academic - N5,000 per year |
| Subscription | Annual | Students - N2,000 per year |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
FintechNGR product offering
Product offeringCore 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
Companies that use FintechNGR
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
FintechNGR technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
FintechNGR partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Africa Fintech Network (AFN)coreActive 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 FederationcoreMember of the Global Fintech Hubs Federation, connecting Nigerian fintech ecosystem with global fintech hubs network
- Central Bank of Nigeria (CBN)coreActive regulatory engagement with CBN on fintech policy development, licensing, and regulatory framework alignment
- Securities and Exchange Commission (SEC)coreCollaborative engagement with SEC on digital assets regulation, fintech licensing, and investor protection frameworks
- NITDA (National Information Technology Development Agency)coreRepresentation on NITDA's Cybersecurity Steering Group; collaboration on technology policy and digital transformation initiatives
- National Insurance Commission (NAICOM)coreRegulatory engagement with NAICOM on insurtech policy development and insurance sector digitalization
- Nigerian Communications Commission (NCC)coreEngagement with NCC on telecom-fintech convergence, payment service regulations, and digital infrastructure policy
- FCCPC (Federal Competition and Consumer Protection Commission)coreCollaboration with FCCPC on consumer protection frameworks and fintech market conduct regulations
- Association of Securities Dealing Houses of Nigeria (ASHON)minorLogo partner displayed on partnership page
- Chartered Institute of Arbitrators (CIArb)minorLogo partner displayed on partnership page
- University of Lagos (UNILAG)minorLogo partner displayed on partnership page representing academia collaboration
- Information Security Society of Nigeria (ISSAN)minorLogo partner displayed on partnership page
- Vorian CorelliminorLogo partner displayed on partnership page
- Chief Audit Executives AssociationminorLogo partner displayed on partnership page
- Chartered Institute of Bankers of Nigeria (CIBN)minorLogo partner displayed on partnership page
- The CIO (Nigerian Chief Information Officers)minorLogo partner displayed on partnership page
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
FintechNGR competitors and assessment
Company assessmentDirect 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
FintechNGR social profiles
Digital presenceFintechNGR financial estimates
Financial estimateRevenue estimate
Valuation estimate
FintechNGR leadership team
Management profileNumber of profiles
Profiles4 records
FintechNGR funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FintechNGR M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FintechNGR
What does FintechNGR do?
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.
Is FintechNGR a public or private company?
FintechNGR is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was FintechNGR founded?
FintechNGR was founded in 2017. It employs 1 to 10 people.
Where is FintechNGR based?
FintechNGR is headquartered in Falomo, Nigeria, in the Africa region.
How does FintechNGR make money?
Three revenue lines are on record. Membership Fees are the primary driver. The others are event Sponsorships and training and Certification Programs.
Who are FintechNGR's main competitors?
Direct peers on record are FinTech Australia, Fintech Association of Kenya, Singapore FinTech Association, FinTech Association of Japan, Africa Fintech Network, LHoFT (Luxembourg House of Financial Technology), Innovate Finance and FintechNZ.
Does FintechNGR have an API?
No public API is recorded for FintechNGR.
What industry is FintechNGR in?
FintechNGR's product category is Industry Association / Fintech Ecosystem Services. Its primary akta.pro industry code is FSAEAMAK, Fintech & Payments Partner / ISO Referral Networks. Its NAICS code is 81321 and its SIC code is 6199.