HomeIT

“Remita Drives Fintech Transformation At Nigerian Fintech Week 2024 With AI, Economic Inclusion Focus”

Unlocking Payment Opportunities in Africa

L-R:  Chika Nwogu, Head, Strategy Management Office, Remita Payment Services Limited (RPSL); Chinedu Alisa, Head, Digital Assets and Partnerships, RPSL; Bukola Adeboye, Executive Director, Corporate Services, SystemSpecs Holdings Limited; ‘Deremi Atanda, Managing Director, RPSL; Eniye Alile, Head, Human Resources and Admin Services, SystemSpecs Holdings Limited; and Mujib Ishola, Chief Technology Officer, RPSL, during the Nigeria Fintech Week 2024 in recently Lagos.

“Remita champions fintech growth and economic inclusion at Nigerian Fintech Week 2024, reinforcing its role in Africa’s digital finance landscape.”

Remita Payment Services Limited (RPSL) reaffirmed its commitment to fintech growth at the seventh Nigerian Fintech Week (NFW) held in Lagos. As a leading player in Nigeria’s financial technology sector, Remita sponsored the event, underscoring its dedication to fostering financial innovations and empowering communities across Africa.

Also read: Remita Champions Inclusive Growth At Nigeria Fintech Week 2024

At NFW 2024, Remita’s CTO, Mujib Ishola, joined a panel to discuss “Africa’s Tech in the Age of AI.” He raised concerns about the region’s reliance on black-box AI models, cautioning against unseen biases and calling for open collaborations to unlock AI’s transformative potential for financial inclusion. “Our overreliance on black-box AI risks excluding us from the true benefits of these technologies,” Ishola noted.

On Day 2, Remita’s MD, ‘DeRemi Atanda, delivered a keynote on “From Financial to Economic Inclusion: The Fintech Ecosystem Connection.” He emphasised that fintech growth must result in genuine economic outcomes. “The fintech ecosystem has grown by 243%, yet GDP per capita remains unchanged. We must ensure fintech expansion drives real economic growth,” he said.

Atanda highlighted the importance of developing a skilled tech talent pipeline for sustainable growth, adding, “Tech talent is fintech’s lifeblood. Our talent must add value locally and globally.”

Remita’s commitment to industry collaboration was further demonstrated when Atanda joined the Fintech Association of Nigeria’s Governing Council. He pledged to add 100,000 new members to the association by 2025, strengthening Nigeria’s position as a fintech leader in Africa.

With its active role in NFW 2024, Remita showcased cutting-edge solutions, partnering with industry leaders to drive Africa’s fintech transformation. The company remains dedicated to setting new standards in financial technology, fuelling growth, and shaping the future of digital finance across Africa.

COMMENTS

WORDPRESS: 0
DISQUS: 0