DigiBank Summit Nigeria Edition Wrap Up

DigiBank Summit Nigeria Edition Wrap Up
March 7, 2024 | By Geniusto

Geniusto is proud to have sponsored the Lagos, Nigeria Edition of the 2024 DigiBank Summit Series. Represented by Regional Head of Sales & Partnerships, Idris Gbaja-Biamila, Geniusto was also graciously presented with a Digital Innovation Award for commitment to solving new problems for new institutions in new geographies.

Held on Monday 12th February 20204, the one-day event was well attended by senior representatives from Nigeria’s banking and fintech industry who seek to advance the digital banking experience of the population.  Panel discussions covered Cyber Security, AI and the emergence of Embedded Finance.

Nigeria is the most populous nation in Africa with over 200 million people and 70% under the age of 30 (largest youth population in the world).  The current Financial inclusion rate presents a huge untapped opportunity. The number of unbanked Nigerians has reduced in recent years due to the strengths of  digital banking technology as well as operational reasons, such as agency banking.

Geniusto’s Digital Banking and Payments Software Suite supports financial institutions to deploy Agent Bankers, onboard  customers remotely and automate processes for scale.  By utilising the QR code functionality, Geniusto can even aid in closed loop payment systems to increase local circulation of funds in rural areas and remove the need for cash.

With more events planned through the year, Geniusto is excited to continue its partnership with Digibank Summit to showcase a world-class solution backed by decades of experience and some of the finest minds in financial technology.

If you’re interested in how Geniusto could put more brains behind your banking send an email to for more information.