August 23, 2025

Fintech Business Model in Nigeria presentation on profitability and revenue in a boardroom.

Startup Resources, Startup Risks

Fintech Business Model in Nigeria: How GMV Misleads and Crushes Profits

Atei Inengite / August 23, 2025

A fintech business model in Nigeria built on GMV measures activity, not profit. See where the margin goes and how the strongest fintechs build past it.

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