USA with population of 330 million has over 8,775 fintechs— Tola (@adetolaov) May 11, 2022
UK with population of 68 million) has over 2,500 fintechs
Africa with 1.2 billion population has just 573 fintechs.
Nigeria with 200 million people has about 144 fintechs.
No, Nigeria does not have too many fintechs.