Does Nigeria Need a Startup Act?

Aelex | Oluwapelumi C. Omoniyi Prologue Startups are young companies that are founded to develop a unique product or service and bring it to the market. In recent years on the African Continent, several startups have been making positive impact in their communities leading to several countries enacting or planning to implement a Startup Act.… Continue reading Does Nigeria Need a Startup Act?

Fintech Innovation – A look at SEC’s Proposed Rules on Robo-Advisory Services

Aelex | Oluwapelumi Omoniyi Robo-Advisors (sometimes spelt as Robo-Advisers) are digital investment advisory platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical Robo-Advisor collects information from investors about their financial situation and future goals and then uses the data to offer advice and also automatically invest its client… Continue reading Fintech Innovation – A look at SEC’s Proposed Rules on Robo-Advisory Services

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Categorisation of Nigerian Payment Systems– What it Means for FinTechs

ǼLEX | Davidson Oturu (Partner) The Nigerian financial technology (fintech) sector has made major strides over the last few years. However, one factor that has always befuddled investors and key stakeholders has been the absence of a comprehensive framework and licensing regime for fintechs in Nigeria. What has been prevalent in the sector has been… Continue reading Categorisation of Nigerian Payment Systems– What it Means for FinTechs

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PCI DSS – Why it matters to payment schemes and fintechs

ǼLEX | Oluwapelumi C. Omoniyi The Curtain-Raiser In this age of the Internet of Things, paying for goods and services is frequently done with the use of payment cards. Whether you are swiping, inserting or placing your card on a scanner, payment cards have transformed the way we transact business. Vendors or merchants who accept… Continue reading PCI DSS – Why it matters to payment schemes and fintechs

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