At the recently concluded Nigeria Fintech Week 2025, themed “The Fintech Ecosystem Symphony: Orchestrating Nigeria’s Digital Future,” Remita Payment Services Limited (RPSL) reaffirmed its position as one of Nigeria’s most influential fintech brands through its sponsorship and active participation.
The company’s strong showing at the event underscored its role as a critical payment infrastructure provider empowering individuals, businesses, and governments, while championing conversations that shape Africa’s digital economy.
During a panel session titled “The Future of Platforms and Partnerships in Africa’s Digital Economy,” Mujib Ishola, Chief Technology Officer at Remita, shared forward-looking insights on how technology, data, and collaboration will define the next frontier of payments and digital innovation across Africa.
“Technology is no longer what gives you an edge; it’s what keeps you in the game,” Ishola noted. “If you’re not embedding technology into your business model, you’ll struggle to compete.”
Moderated by Lanre Basamta, CEO and Co-Founder of Optimus AI Labs, alongside Yejide Runsewe, CEO of NaijaNomads, the session explored how intelligent data use, fintech partnerships, and innovation are transforming the continent’s payments, travel, and hospitality sectors.
Ishola highlighted that artificial intelligence (AI) and data tokenisation are reshaping financial systems, enabling faster decision-making and more personalised customer experiences.
“AI gives us the ability to reduce time to truth,” he said. “For businesses, that efficiency—getting to the truth faster—is everything.”
He stressed that data is the fuel driving industry growth, especially in sectors like travel and hospitality. Tokenised data, he explained, enhances interoperability across systems, improving insurance claims, customer service, and user convenience.
On the evolution of cross-border payments, Ishola cited the Pan-African Payment and Settlement System (PAPSS) as a transformative example of technology eliminating trade barriers.
“You can now pay with naira for services in another African country, and settlement happens seamlessly. That’s technology breaking barriers,” he added.
Addressing affordability and financial inclusion, Ishola emphasised the importance of flexible credit options such as Buy Now, Pay Later (BNPL) and microloans, supported by smarter data systems that allow young Nigerians to demonstrate creditworthiness beyond traditional metrics.
Turning to the theme of collaboration, Ishola urged fintechs and ecosystem players to move from protectionism to co-creation and shared infrastructure.
“The question isn’t who owns the technology, but who can execute and scale sustainably. We need to co-create Africa-specific platforms that fit our realities,” he said.
