FINTECH Week 2022 is the largest gathering of Fintech players, innovators, regulators, investors, big techs, developmental communities, and several other players in Africa and from across the globe.

Fintech startups increased in value by more than 80 per cent across Africa last year, led by strong performances in South Africa, Nigeria and Kenya. Funding for these firms has more than doubled in the first six months of this year, with over 640 tech hubs now in operation across the continent. But the startup market accounts for less than one per cent of global venture capital funding.

The Nigerian financial technology industry has not only proven the fact but has also attracted big global technical brands in business transactions. Here are some financial technology companies that are thriving in Nigeria;

Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday. ⁣

Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣ ⁣

Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.

Here are a few reasons to pick up a copy of The Guardian on Friday⁣. Find these stories and much more when you grab a copy of The Guardian on Friday.⁣

Here are a few reasons to pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on Thursday.⁣

New regulation requirements by the Central Bank of Nigeria (CBN) could make it difficult for some fintech companies to operate. In a draft policy document, CBN recognized products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system.

Lupiya, a Zambia-based fintech startup, is a marketplace for microloans. Evelyn Kaingu speaks with Guardian TV about Lupiya's products and financial inclusion in Zambia.

Nigerian payments startup, Paystack, founded in 2015 by Shola Akinlade and Ezra Olubi, has been acquired by US payment giant, Stripe.⁣ ⁣ The acquisition, valued at over $200 million, happened two years after Stripe led an $8 million Series A financing round for Paystack, and it is the biggest startup acquisition so far in Nigeria.⁣ ⁣

In 2018 EFINA launched its Fintech Challenge Fund which seeks to develop and deploy innovative solutions to expand financial inclusion in Nigeria. Dayo Ademola, Head of Innovation at EFINA joins CNBC Africa to discuss the progress of the fund and assess Nigeria’s strategy to bank the unbanked in Nigeria.