Nigerian Fintech Week Day 2: How failure drives innovation in Nigerian fintech
- The keynote speaker emphasized the importance of failing fast and viewing it as an opportunity for rapid learning and innovation.
- AI's applications in payments include improving security and fraud protection, process automation, and personalized customer experiences.
- The conference discussed economic inclusion, fintech's future roadmap, and the state of VC funding in Africa.
The emphasis on embracing failure as a learning opportunity and the discussion on the future of payments with AI highlight the innovative mindset within the Nigerian fintech sector. The focus on economic inclusion and the challenges faced in VC funding demonstrate the need for collaboration and strategic approaches to drive growth in the industry.
