#FairMoney MFB, Nigeria’s Leading Digital Bank Holds Inaugural Investors Conference—-Nigeria’s leading digital bank, FairMoney Microfinance Bank, held its investor’s conference on Thursday, November 18, 2021 at the Federal Palace Hotel, Lagos, Nigeria. The event brought together fund managers, HNI’s, investors, fintech aggregators and Pension Fund Administrators to discuss the financial technology landscape in Nigeria, particularly its sustainability in years to come.
2021, launched a N10 Billion private note program, received a microfinance bank licence from the CBN and obtained an Investment Grade Rating from Global Credit Ratings (GCR), all in one year.
He further emphasized that “the conference was conceived to provide an avenue for capital market operators, investors, fintech players, and regulators to converge on financial inclusion solutions that drive growth and deep focus on our customers.”
Another highlight of the event was a panel session with industry experts like Sonnie Ayere; GMD/CEO – DLM Capital Group, Bayo Rotimi; MD/CEO – Greenwich Merchant Bank, Nichole Yembra; Founder and Managing Partner – Chrysalis Capital, Yaw Mante; Head, Finance – FairMoney as panelist. The session was moderated by Seun Onayiga; Head Investment Banking, West Africa – Renaissance Capital. FairMoney was incorporated in 2017 with operations in Nigeria and India. In the past 4 years of operation, FairMoney MFB has grown its customer base to over 5 million users, and 1.9 million bank accounts.