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Nairaland Forum / Science/Technology / Programming / How Do You Start A Fintech Startup In Nigeria? (939 Views)
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How Do You Start A Fintech Startup In Nigeria? by daddynasa: 3:59pm On Mar 23, 2021 |
Let's say you have an idea on a fintech product or any other product that requires licencing, How do you get your product to the market considering the high amount for a licence from CBN (for fintech), a licence from Govt (may for ride-hailing startups) etc, what are the NIBSS API available to developers or Banks API available to developers to develop custom solutions for the financial industry in Nigeria? How do you get investors? Can you launch an MVP to the market without these regulatory licences? If you are a successful startup founder or you have any idea on this subject, kindly add your contribution. |
Re: How Do You Start A Fintech Startup In Nigeria? by tensazangetsu20(m): 4:44pm On Mar 23, 2021 |
You really do not need a Banks API to launch a fintech today. Paystack and flutterwaves have already done a bulk of that hard work. You can build your product around their API. As for fundraising, fintech startups are all the rave now. Heavy funds are being raised left, right and center. PS, I am not a founder but I know some really powerful people in Nigeria's tech industry. 2 Likes |
Re: How Do You Start A Fintech Startup In Nigeria? by daddynasa: 8:25pm On Mar 23, 2021 |
tensazangetsu20:Thanks for your contribution. What do you have to say regarding the license 1 Like |
Re: How Do You Start A Fintech Startup In Nigeria? by ojialo(m): 6:12pm On Apr 04, 2021 |
daddynasa: |
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