The acclaimed serial digital
entrepreneur and Chairman, Zinox Group, Dr. Leo-Stan Ekeh, has tipped the foremost
financial institution, Access Bank Plc, is exceedingly equipped to take
advantage of the impending disruption aided by the rise of financial
technologies (FinTech), reports ITRealms.
Ekeh made this assertion Thursday,
December 14th, 2017 on the sidelines of the inaugural edition of Africa Fintech
Foundry (AFF) Fintech (AFFDisrupt2017) conference at Eko Convention Centre, insisting
that bank has been exceptionally ready to align the expected unleash in an era
of innovative change in the financial services sector.
Zinox chairman who featured as
one of the guest speakers at the event, noted that Access Bank’s establishment
of Africa FinTech Foundry (AFF), a new financial industry that applies
technology to improve financial activities, is a bold move that has further
demonstrated the bank’s readiness to take the lead in the race to leverage
financial technologies (FinTech) in the sector.
“I can now see why the young men
at Access bank exude so much confidence to lead in the financial sector in the
near future at a time the Nigeria banking sector is almost ready for a
certified leader.
“I commend Access Bank on the
launch of the Africa FinTech Foundry which will not only boost technological
innovations in the financial services sector, but will also offer young African
tech start-ups and entrepreneurs access to much-needed capital,
capacity-building, world class partnership opportunities and a useful platform
to launch innovative products and solutions on a global scale. We all expect
the Nigeria government to use platforms like this to build a new generation of
Nigerians who can defend their wealth.
“This is an era in which you
either disrupt or stand the risk of being disrupted. This reality is much more
pronounced in the banking and financial services sector, hence the growing
popularity of financial technologies or FinTech, as it is widely known.
“The landmark step taken by
Access Bank shows the bank’s readiness for the future of disruption in the
sector which is already here with us,” he said.
The Zinox Chairman – who featured
as a panelist in one of the discussions:
From growth to sustainability- How FinTech can survive and thrive – also
gave attendees a plethora of insights and useful tips drawn from his over 35
years’ journey as arguably Africa’s biggest technology entrepreneur during a
Fireside chat moderated by Chinenye Mba-Uzoukwu, Managing Partner at Grand
Central, Nigeria.
The inaugural edition of the Africa
Fintech Foundry (AFF) Fintech conference had in attendance the best startups
building products and solutions in the Financial Technology (FinTech) space,
alongside investors, financial and technology partners, and a global audience
of delegates from disparate industries to showcase next generation technologies
and innovative solutions relevant to the financial services industry. Sessions
on the day included a keynote address, fireside chats, masterclasses, partner
exhibitions and panel discussions.
Other speakers at the event included
former Minister of Communication Technology and Senior Partner at TLcom
Capital, Mrs. Omobola Johnson; CEO, SystemLogic Group, South Africa, Audrey
Mothupi; Founder, SASWARE Nigeria, Collins Onuegbu; Chief Technology Officer,
Microsoft Nigeria, Hakeem Adeniji-Adele; Investment Officer, West Africa at
Accion Nigeria, Ashley Lewis; Co-Founder/Managing Partner, Trans-Sahara
Investment Corporation Nigeria, Kyari Bukar; Managing Director, SystemSpecs
Nigeria, John Obaro; Managing Director/CEO, InfoGraphics Nigeria, Chinenye
Mba-Uzoukwu; Chief Investment Officer, Coronation Capital, Ahovi Kponou;
Managing Director, Accenture Financial Services, Toluwaleke Adenmosun, among
many others.
Chuks Egbune/GEE
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