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Tosin Eniolorunda

CEO, Moniepoint
Tosin Eniolorunda

Tosin Eniolorunda is a leading innovator in the African Fintech space, with a passion for creating financial happiness and a track record of groundbreaking contributions to financial technology in Africa. He is the founder and CEO of Moniepoint Inc., an all-in-one, digital payments and banking platform, and the second-fastest growing company in Africa. With operations in Nigeria and an on-going expansion into other emerging markets, Moniepoint has 3 million users across its business and personal banking products, it aims to power the dreams of businesses and individuals by providing them with the financial technology tools they need to grow, no matter their digital literacy level.

Tosin’s vision is to build an impactful financial technology platform that supports the dreams of millions of business owners and their customers while generating annual revenues of more than $1 billion. He programmed the first point-of-sale software for Interswitch, on which the majority of POS terminals in Nigeria are being run and is currently revolutionising payments for businesses in emerging markets through Moniepoint, which processes over $14 billion monthly for businesses, with a presence in Nigeria and East Africa.

Tosin has been recognised by several leading institutions, among them The Central Bank of Nigeria, Financial Times, CB Insights, Endeavor, PYMNTS, in appreciation for the impact of his work to create innovative solutions, and was named 100 most influential people in Africa in 2022.

Agenda

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Breakout 1
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Saturday
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10:15 am
Aldrich 108
Ecosystem Development
Telecoms vs. Fintech Startups: The Race for Financial Innovation
Telecom companies are rebranding themselves to adapt, while fintech startups, with their head start, are utilizing the concept of mobile
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Telecoms vs. Fintech Startups: The Race for Financial Innovation

In the realm of Africa's mobile money evolution spanning the last seventeen years, telecom companies initially took the lead, steering growth and diversification. Yet, the narrative is shifting with the rise of fintech startups, who are evolving beyond mobile money infrastructure to value-add services like credit, insurance, savings, and connectivity across global borders. This transition has left telecom companies struggling to keep pace, raising questions about the sustainability of their traditional business models. The pivotal query revolves around whether the market's tilt toward these incremental financial services will challenge the established order. Fintech startups, considered catalysts for this transformation, are nudging telecom companies to revamp their mobile money operations into more agile fintech entities.

America/New_York
Feb 17, 2024 10:15 AM
Aldrich 108