Thursday, November 30, 2023
HomeUncategorizedDisruption, innovation crucial to fintech growth, says Interswitch

Disruption, innovation crucial to fintech growth, says Interswitch

Disruption and innovation present avenues for growth for fintech, Interswitch has disclosed.

To prosper, businesses must embrace disruptive forces and infuse innovation into the very essence of their work, the firm continued.

The firm in a release stated that to foster financial inclusion and bolster the digital payment landscape in the country, fintech companies must be called upon to heighten their engagement in innovative endeavours and craft advanced solutions tailored to meet the expectations of their clientele.

The Managing Director of Payment Processing and Switching (Interswitch Purepay), Akeem Lawal, revealed this during the recently concluded Nigeria Fintech Week.

In his keynote address titled ‘Fintech: Resilience, Innovation, and Diversification’, Lawal expounded on the imperative for fintech firms and other financial institutions to not only welcome disruption but to embrace innovation and conceive novel products that align with the requirements of today while still doing the work of shaping the landscape of future financial services.

Lawal said, “At Interswitch, we firmly believe that within the realm of fintech, disruption is not a hindrance but an avenue of opportunity.

“To prosper, we must wholeheartedly embrace disruptive forces, infusing innovation into the very essence of our work. Our expedition toward scaling up and catalysing growth hinges upon our capability to conceive solutions that empower individuals and businesses.”

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