FirstBank awards N29.5 million to 10 Nigerian fintech startups 

FirstBank Group, one of Nigeria’s leading commercial banks, has reaffirmed its commitment to advancing fintech innovation by awarding N29.5 million to 10 exceptional startups at its First Bank Fintech Summit 6.0, themed Banking on Partnerships.

NearSwipe Limited, a fintech startup offering NFC smart ID cards with integrated payment solutions for university students, emerged as the overall winner, receiving the grand prize of N10 million.

  • The two-day event, held on Wednesday and Thursday, 13th and 14th November 2024, at the Lagos Continental Hotel, Kofo Abayomi Street, Victoria Island, Lagos, brought together fintech leaders, investors, and industry experts.
  • Out of 147 applicants, 10 startups were shortlisted for their potential to make significant impacts on financial inclusion and economic development.
  • These startups showcased solutions ranging from digital thrift platforms to AI-powered business automation tools, aligning with the event’s theme of fostering collaboration in the…
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FirstBank awards N29.5 million to 10 Nigerian fintech startups 

 

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