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Advansio grants FinTech Startup N1,000,000 in event

Victor Odeyemi by Victor Odeyemi
August 15, 2022
in Business, Events, FinTech, News
0
Advansio grants FinTech Startup N1,000,000 in event

R-L- Olufisayo Oludare, Founder, Adansio, AFIS OLALEKAN, Chief of Operations, RUKAYAT BELLO, Chief Executive Officer, Regixta Credit, Winner Advansio Fintech For Growth Startup Fund, Ikenna Agugua, Co-founder Advansio (Source: FinTech Africa)

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Advansio Interactive holds its first-ever “Fintech for Growth” event, to promote cooperation within the fintech sector and particularly to encourage more female fintech startups.

The event had over 100 aspiring fintech enthusiasts, business pioneers, inventors, and regulators.

The founder of Advansio Mr Olufisayo Oludare and Co-founder Ikenna Agugua, are two people who have had a significant impact on the fintech industry and community. They have built a company that is continuously looking for ways to make Nigerians’ and Africans’ lives better by providing simple access to financial services and products to the banked, unbanked, and underserved.

COVR Branchless one of many fintech solutions developed by Advansio, is an agent banking solution that drives the agent banking efforts of over 6 top-tier banks in Nigeria and 2 in other countries in Africa, which is assisting in lowering the number of people in those regions who are financially excluded.

Advansio launched the Advansio Startup Fund, a grant to support startups with the necessary fund to propel their business idea and growth, especially FEMALE Fintech Founders. At the event, a female fintech startup Regixta Credit was awarded the sum of N1,000,000 in collaboration with Taj Bank, one of the lead sponsors for the Advansio Fintech for Growth FGF.

The Fintech industry in Nigeria and Africa, according to Mr. Olufisayo and Ikenna, is expanding exponentially, but there is still much work to be done. For this reason, they created the Fintech for Growth event, which they are confident will be a launching pad for many startups looking to change, impact, and influence the future of fintech in Nigeria and Africa.

The Advansio for Growth Event is proudly supported by TheFintechAfrica.

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