Govt Urged To Boost Fintech Funding

The federal government has been urged to increase investment in the financial technology sector to expand youth employment opportunities and strengthen private-sector growth in the country.

The call was made by a financial technology analyst, Paul Fakayejo, yesterday in Abuja at the launch of Wapia Financial Services Limited’s new inclusive digital platform developed in partnership with global fintech solutions provider, Insolify.

Fakayejo said the innovation aligned with Wapia’s mission to bridge Nigeria’s financial-inclusion gap.

Another fintech expert at the event commended Insolify’s record in deploying scalable technology for inclusive finance.

The platform is expected to boost financial participation, reduce dependence on informal lenders and enhance economic resilience among financially excluded Nigerians.