Nigeria SEC admits 7 fintechs
Analysis based on 14 articles · First reported Jul 03, 2026 · Last updated Jul 06, 2026
The admission of seven fintech and digital asset companies into the ARIP by the United States — United States Securities and Exchange Commission is expected to foster innovation in Nigeria's capital market. This move could attract more investment into the fintech sector and enhance investor confidence due to regulatory oversight, potentially leading to growth in related industries.
The United States — United States Securities and Exchange Commission has granted Approval-in-Principle to seven fintech and digital asset companies, including Exato Technologies Limited, Luno, GetEquity Limited, KoinKoin, Wrapped CBDC Limited, Trovotech Limited, and Blockvault Custodian Limited, for admission into its Accelerated Regulatory Incubation Programme (ARIP). This initiative allows these firms to operate within a regulatory sandbox under the commission's supervision, aiming to encourage technological innovation in Nigeria's capital market while ensuring investor protection. The approval is not a final operating license but confirms the companies have met the admission requirements for the program, which serves as a controlled environment for testing new financial technology products and business models.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard