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What Nigeria can learn from Lithuania about growing a fintech ecosystem


Alexander O. Onukwue
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Fintech in Nigeria is growing at an impressive scale. The sector features at least one billion-dollar companies that’s been operating for two decades, a startup recently sold for a historic price and a host of new entrants making waves around the continent.
But compared to how fintech works in some countries, Nigeria has some way to go. 
Lithuania is one such country. The northeastern European nation has grown over the past decade to become a bustling fintech hub. A country of just 3 million people, Lithuania is aiming to be a dominant player on the global fintech market. Among other things, it’s becoming a much sought after port of entry into Europe for non-EU startups. ....

Vilniaus Apskritis , Republic Of Lithuania , Adaeze Sokan , Martynas Pilkis , Dalia Kreiviene , Lithuanian Ministry Of Foreign Affairs , World Bank Ease Of Doing Business , Ministry Of Finance Lithuania , Central Bank , Bank Verification Number , Corporate Affairs Commission , Ventures Platform , Digital Explorers , Lithuanian Ministry , Foreign Affairs , Global Fintech Ranking , Tax Identification , World Bank , Doing Business , குடியரசு ஆஃப் லிதுவேனியா , லிதுவேனியன் அமைச்சகம் ஆஃப் வெளிநாட்டு வாழ்க்கைத்தொழில்கள் , உலகம் வங்கி எளிதாக ஆஃப் செய்து வணிக , அமைச்சகம் ஆஃப் நிதி லிதுவேனியா , மைய வங்கி , வங்கி சரிபார்ப்பு எண் , பெருநிறுவன வாழ்க்கைத்தொழில்கள் தரகு ,