Tech Expert Pushes For Innovation In Digital Banking, Financial Inclusion

In the dynamic world of digital banking and financial technology, Nigerian fintech strategist and product innovator, Ayomide Olupitan, has emerged as one of the leading voices in financial inclusion and technological disruption.

As the co-founder leading product and operations at Loma Bank, Olupitan is redefining how financial services are delivered to underserved communities and businesses across Africa.

In a chat with journalists, Olupitan said he is driven by the desire to bridge the financial gap for the everyday African entrepreneur, adding that technology is the most powerful tool to do that efficiently.

A key part of his innovation is the development of an AI-powered API banking infrastructure, a first-of-its-kind in Nigeria’s digital banking space.

According to him, “This system integrates AI risk assessment and embedded finance capabilities, allowing businesses to carry out seamless transactions without traditional bottlenecks.”

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Beyond engineering advanced platforms, Olupitan’s work actively tackles the core issue of financial exclusion.

“Millions of Africans remain outside the formal banking system, not because they want to, but because the system hasn’t worked for them. That’s the gap we’re closing at Loma Bank.”

Olupitan’s efforts have also earned him a place in broader industry conversations. Recently named one of Nigeria’s Top Product Voices, he is regularly consulted on matters of fintech regulation and policy direction.

“We need more inclusive policies that match the pace of innovation,” he noted. “Regulation must become a partner in progress, not a roadblock.”

As a thought leader, Olupitan is keenly focused on the future of digital finance in Africa, particularly the intersection of AI, blockchain, and embedded finance. His research and ongoing projects are geared toward creating an end-to-end ecosystem that prioritizes efficiency, transparency, and scalability.

“Fintech in Africa isn’t just about apps and wallets,” he said. “It’s about creating systems that reflect and respond to our economic realities. If we’re going to drive meaningful change, then our financial tools must be intelligent, adaptable, and accessible to all.”