The Securities and Exchange Commission (SEC) has opened regulatory incubation programme for FinTech firms operating or seeking to operate in the Nigerian Capital Market.
This was contained in a circular dated April 28, 2023 and released by the commission.
According to the circular, the portal would be opened from the 28th of April, 2023 to the 26th of May, 2023 and registered capital market operators as well as unregistered Fintech innovators that require regulation are encouraged to apply.
The SEC said the move to open a portal comes from a 2021 circular where the commission announced the imminent roll-out of the SEC regulatory incubation programme for FinTechs operating or seeking to operate in the Nigerian Capital Market.
