Allan M.

I always love chatting to a countryman doing big things, even if it confuses my AI-powered transcription services which, for the first time in nearly 150 episodes, couldn't distinguish between Alex Forsyth-Thompson, CFA, CFP® and I 😄 Anyway, in today's episode, we're talking about the creation of Float and the delivery of flexible, frictionless and financially responsible instalments.

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The beginning of Fintech business in Ghana can be linked to the operations of Fintech companies such as Etranzact, a company that originated in Nigeria in the 2000s. This period heralded the introductory stage of the Fintech Industry in Ghana and set the tone for the roll-out of digital financial services. At the time, internet penetration was relatively low than it exist currently and the usage of smartphones was limited to a few consumers. It was therefore common to find majority of consumers relying on the usage of feature phones, which meant that digital financial services had to be delivered to suit the relatively limited technology available at the time. As an active participant of the Fintech industry during the introductory stage of the ecosystem, I share some quick thoughts about how the industry in Ghana evolved from this period to the current state through the video below: #Fintech #Ghana #Digitalfinancialservices #Financialinclusion

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Agility is not about dogmatically following an Agile Delivery framework a particular way but about contextualising it to your organization and doing it your way aligned to the agreed metrics. Focus your energies on critical actions, and you will do better on your agility outcomes. 1. Collaborate and Communicate 2. Deliver small and incremental 3. Reflect and Learn 4. Improve. #Agilitywithadifference #Agilevalues #DoingAgileright

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CLCD Series As we continue to navigate the discuss around digital banking, accessibility, security, fraud, and availability metrics and expectations across the various ecosystems, the upcoming session promises to extend the conversation and contribute to the ever evolving body of knowledge. Where you will rather be? Plan, register, attend, and actively participate. #YouFirst #FirstBank #CLCD #Digital #Deepen

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If you're a #Fintech or an #FSP in #Nigeria or #Ghana, you'll want to know about EMTECH's Beyond Compliance product to help you: ✅Manage Risk ✅Meet Licensing Requirements ✅Simplify Compliance Talk to a member of the EMTECH team learn how to easily set up a #compliance framework today. https://bit.ly/3CkCeKZ #RiskManagement

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Nigeria’s CBN Targets Diaspora in Push to Bolster Remittance Flows The Central Bank of Nigeria (CBN) has launched a campaign to deepen engagement with the Nigerian diaspora, hoping to bolster remittance flows that play a pivotal role in Nigeria’s financial stability. Read more👇 #centralbankofNigeria #CBN #Nigeriadiaspora

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According to a recent report, Africa's financial services market is projected to expand by approximately 10% annually, potentially reaching $230 billion in revenues by 2025. Notably, #Nigeria's #fintech sector accounts for about one-third of this market. However, despite this growth, it was revealed that nearly half of Nigeria's adults are still unbanked or underserved, largely due to the constraints of traditional banking infrastructure. The challenge is particularly pronounced in rural and underserved areas where physical bank branches are scarce or nonexistent. Subsaharan Africa (#SSA) mobile money market is worth $912Billion, according to a 2023 GSMA report, demonstrating growth in the adoption of digital payments and opening access for digitally enabled services. This is exactly the kind of progress that we need to see, opening more doors to platform marketplaces and interoperable apps and tools that allow small businesses to scale and keep account of #transactions and deliveries to maintain margins and close loops on fraudulant behaviours in the supply chain. I am particularly excited to see the accelerated pace of newly signed contracts for iBUILD Global including governments and white label versions of the kind of supply chain tech the world is now ready for! #mobilemoney #digitalpayments #platformmarketplace #platformeconomy #traceability #supplychain #contructionmaterials #contech #gateway #microfinance #inclusivity #interoperability iBUILD Global, Inc The World Bank Nigerian Mortgage Refinancing Company Family Homes Funds Ltd Femi Adewole

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Despite these challenges, data from the National Bureau of Statistics (NBS) shows that manufacturers paid N265.14 billion in Company Income Tax (CIT) and N361.06 billion in Value Added Tax (VAT) in the first half of 2024. This marks a 3.21% year-on-year increase from N606.74 billion in the same period in 2023.

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A must attend for Agile practitioners.

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Considering a #compliance solution for your #Fintech? Here's why you need it. "In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay, were fined ₦1 billion each in the second quarter of 2024, sources with direct knowledge of the matter told TechCabal. While several other #fintech companies were also penalized, the two firms were the hardest hit." Don't pay fines and penalties, minimize risk with EMTECH's Beyond Compliance software. Sign-up to learn more or send me a DM. https://lnkd.in/erqBYtPE Regulatory #compliance doesn't have to be complicated or expensive. #regtech.

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🌍💼 The Global Regulatory Spotlight on Fintechs Intensifies! 💼🌍 As we witness a surge in regulatory scrutiny across the fintech landscape, it's clear that this trend is not limited to Nigeria. The recent fines imposed by the Central Bank of Nigeria (CBN) on Moniepoint Group and OPay, totaling USD 633,990, highlight the increasing vigilance of regulators in ensuring compliance within rapidly growing digital financial services. 📊💰 This is part of a broader global movement where regulators are tightening their grip on fintech operations. For instance: - In the U.S., the Federal Deposit Insurance Corporation (FDIC) has ramped up scrutiny on bank-fintech partnerships, requiring stricter compliance measures and risk assessments. 🏦🔍 - The EU is advancing its regulatory framework with initiatives like the General Data Protection Regulation (GDPR) and the proposed Artificial Intelligence Act, aiming to protect consumers while fostering innovation. 🇪🇺🤖 - In Asia, countries like China and India are implementing stringent regulations to govern online lending and digital payments, ensuring that fintechs operate within a secure framework. 🇨🇳🇮🇳 As fintechs continue to innovate and expand their services, they must navigate this complex regulatory environment to maintain customer trust and ensure sustainable growth. 🛡️✨ Let's embrace this challenge and work towards a future where fintech can thrive within a robust regulatory framework! 🚀💡 Association of Fintechs in Kenya, Africa Fintech Network, Patrick Saidu Conteh PhD, FCCA(UK), MBA, BSc(Hons). #Fintech #Regulation #Compliance #Innovation #DigitalBanking #GlobalTrends #OpenBanking #OpenFinance

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Fintech Association of Nigeria to Spotlight Generative AI, Digital Assets, And Financial Inclusion at 7th Nigeria Fintech Week The Fintech Association Of Nigeria, an industry-led organization representing the interests of the Nigerian fintech sector, is gearing up for the 7th Nigeria Fintech Week, scheduled for October 8-10, 2024, at The Landmark Centre in Lagos. This year’s event will focus on critical topics like Generative AI, Smart Regulation, Digital Assets, Risk Management, Cybersecurity/Fraud Management, and Digital and Economic Inclusion. With the theme ‘Positioning Africa’s Fintech Ecosystem to Accelerate Inclusive Growth,’ the event highlights the pivotal role financial technology plays in driving Africa’s economic expansion. Read more👇 #fintech #Nigeriafintechweek #financialinclusion Dr. Babatunde Oghenobruche Obrimah - FNIM, PMP Abiola Jimoh Yemi Keri Ade Bajomo Segun Aina Seun FOLORUNSO, PMP

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The latest article by Adrian Reed on BA Times looks at contribution as a form of professional development. https://lnkd.in/esRhwEfp #BACommunity #BusinessAnalysis #BusinessAnalyst

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Boost your career with SAFe® Advanced Scrum Master (SASM) Certification.🚀 💼 Live Online Training 📚 Exam Fee included in the Training Fee. 🎁 Free 1 year Scaled Agile Platform Membership. BOOK NOW: https://lnkd.in/edKt-jBS Why Should You Get SAFe® Certified? 1. Industry Recognition 🌐: SAFe® is the gold standard for scaling Agile practices. 2. Career Advancement 📈: Stand out in the job market with a certification that highlights your expertise in scaling Agile practices. 3. Enhanced Skills 💡: Gain in-depth knowledge and practical skills to implement Agile at scale. 4. Increased Earning Potential 💰: Certified SAFe® professionals often command higher salaries and hold better positions within their organizations. 5. Network Expansion 🤝: Join a global community of SAFe® practitioners for collaboration, learning & growth. For any queries & bulk discounts write to us at 📧 [email protected] ☎️ +44 7887 378121 Hurry up! only few seats left! #scrum #scrummaster #scaledagile #kanban #scrumban #safeagilist #Safe6 #scaledagileframework #designthinking #innovation #scaledagile #agilecoach #agiletransformation #agile #highperformingteams #projectmanager #businessagility #ScaledAgile #onlinetrainings #agilitypad #agilemindset #agiletransformation #scrumtraining #scrumstudy #advancescrum #softwaredevelopment

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Transform Your Career with SAFe® Scrum Master Certification. 🚀 🎓 Live Online Training 📚 Exam Fee included in the Training Fee. 🎁 Free 1 year Scaled Agile Platform Membership. Book Now: https://lnkd.in/d8nxb3Xd Why Should You Get SAFe® Certified? 1. Industry Recognition 🌐: SAFe® is the gold standard for scaling Agile practices. 2. Career Advancement 📈: Stand out in the job market with a certification that highlights your expertise in scaling Agile practices. 3. Enhanced Skills 💡: Gain in-depth knowledge and practical skills to implement Agile at scale. 4. Increased Earning Potential 💰: Certified SAFe® professionals often command higher salaries and hold better positions within their organizations. 5. Network Expansion 🤝: Join a global community of SAFe® practitioners for collaboration, learning & growth. For any queries contact us: 📧 [email protected] 📲 +44 7887 378121 Hurry up! only few seats left! #safeagilist #scaledagileframework #agilecoach #agiletransformation #agiletraining #agilitypad #safe6 #productowner #productmanager #softwaredevelopment #projectmanager #designthinking #lean #scrummaster #scrumtraining #agile #scrum #career #agileprojectmanager #agilecourses #managertraining #kanban #ScrumMaster #ScaledAgile #ScrumTraining

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Nigerian based identity company SEAMFIX raises $4.5 million for his identity management platform #Seamfix, a leading identity solutions provider based in Nigeria, is set to expand its footprint across Africa after securing a $4.5 million funding round, spearheaded by Alitheia IDF. This marks the company's first influx of institutional capital since its founding 17 years ago. Established by Chimezie Emewulu and Chibuzor Onwurah, two classmates driven to "seamlessly fix" technological issues, Seamfix began by creating custom digital solutions for organizational workflows before pivoting to identity management in 2015. The shift to identity solutions came after realizing the vast identity verification challenges during a project that revealed student impersonation issues. Seamfix’s services have become crucial in a region where over 542 million people lack identity cards, representing a significant impediment to socio-economic development. Their innovative approach includes creating digital identities, providing verification for large organizations and governments, and facilitating transaction accreditation. Partnerships with major African telcos like MTN have been pivotal in registering millions and ensuring compliance with stringent regulatory requirements. The funding will also support the development of a pan-African identity switch, a groundbreaking initiative that will enable cross-border identity verification, potentially transforming the economic landscape by facilitating easier and more secure transactions across Africa. With a track record of processing over 500 million identities and major contributions to national projects, such as helping the National Identity Management Commission [NIMC] and various telcos in Nigeria, Seamfix is set to leverage this investment to further penetrate the African market and address the pressing identity verification needs across the continent. The article on TechCabal in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

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