Clowd9 Drives Fintech Growth from Lagos to London
- Clowd9 announced a 90% reduction in card service infrastructure costs to empower African fintech startups.
- Vaghjiani emphasized the need for scalable, cloud-native payment solutions to bypass legacy systems.
- Clowd9 aims to replicate its European success in Africa by providing affordable infrastructure for Nigerian startups.
The commitment shown by Clowd9 and the UK delegation towards supporting Nigerian fintechs is commendable and could significantly impact the local economy. However, addressing the regulatory perception issues remains crucial for the success of these initiatives. A collaborative approach between UK and Nigerian innovators could lead to transformative solutions in the fintech space.
