d around the startup sector. More specifically, the FinTech startups are doing impressively well. In 2018, out of the USD114 million reportedly raised by tech companies in Nigeria, 75% of it went down to FinTechs. This is according to aThus, 2018 for Startups in Nigeria is considered to be a very impressive year as many startups secured funding. This in addition to other strategic partnerships with established organisations, financial institutions, banks, and also, tech giants.
Furthermore, a right component of good business skills, financial management knowledge and technical skills will make a perfect combination for entrepreneurs looking at FinTech space. This does not imply that a single person should possess all these skills. At least, a co-founder within a startup should possess a good financial management knowledge. For FinTech startups, anFinTech has become an area of huge interest in the finance sector, including among startups in Nigeria and globally.
It is not far from the truth to conclude that everyone wants to own a business. However, it is also an established fact that in many cases, startups fail. The passion of starting a business should never becloud the fundamental skill components required in driving such business. More fundamentally, every business should first pay attention to its human capital resources.
1)You will gain knowledge on business and financial management strategies based on real world situations.