Published on August 12, 2023
The rapid growth of fintech in Nigeria presents both opportunities and challenges. Our fintech practice area covers virtual assets, digital payments, and regulatory compliance. We advise on licensing requirements, data protection, and risk management to help fintech companies thrive in a competitive market.
Recent regulatory developments include the introduction of the Nigerian Data Protection Regulation (NDPR) and guidelines on virtual asset service providers. These regulations aim to protect consumers while fostering innovation.
We assist fintech companies in obtaining necessary licenses and ensuring compliance with anti-money laundering (AML) and know-your- customer (KYC) requirements.
Contact Excellence Solicitors for expert legal advice on navigating the evolving fintech landscape in Nigeria.