Dewale Otolorin

Nigeria\’s OneFi secures $5mn debt facility from Nairobi-based Lendable

One Finance Limited [OneFi] today announces that it has secured a $5M debt facility for its consumer facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt facility will be used to deploy more loans to Paylater customers, specifically through a …

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One Giant Leap for FinTech in Nigeria by Dewale Otolorin

Almost two years ago, I got the opportunity to contribute my quota to the adoption of Open Banking in the Nigerian financial industry; I did this from my corner at GTBank by helping to re-position the Bank’s corporate payment solutions as democratized APIs for consumption by FinTechs and MSMEs. It was a challenging experience — from convincing …

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