Nigerian Fintechs Vie For Talent In a Booming Market


Nigerian fintech firms, banking on the ongoing positive market growth, are actively engaging in recruitment and enhancing the skills of their existing workforce.

Among the companies ramping up their hiring efforts are Flutterwave, Moniepoint, OPay, Palmpay, and Paga.

Despite facing what could be considered a challenging year for many businesses, numerous fintech companies have flourished, witnessing significant increases in transaction volume, transaction value, and the acquisition of new users.

Moniepoint has reported over 1.6 million businesses utilizing its platform and has expanded its reach into Kenya through strategic acquisitions.

Flutterwave has reinvigorated its plans to become a publicly listed company, especially after expanding into new markets beyond Africa. OPay has also expressed its intention to apply for a digital banking license in Egypt.

These companies are now actively bolstering their workforce as they strategize their next expansion moves.

Flutterwave recently announced an inaugural Engineering Mobility Programme in India in collaboration with Capgemini, a global business and technology transformation services provider. This program will enable engineers from various locations, including Nigeria, Kenya, South Africa, and Egypt, to exchange knowledge and experience, fostering innovation for emerging economies.

Moniepoint, on the other hand, announced the graduation of the pioneer cohort from its HatchDev program, aimed at producing market-ready software engineers to address the shortage of developers in Nigeria. They are partnering with Nithub to develop a pool of software engineering talent.

In September, OPay and PalmPay also embarked on recruitment drives for various positions, while Paga has multiple open positions, including senior software engineer, software engineer, inside sales consultant, and sales executive.

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