About
FinPort

Welcome to FinPort

Welcome to FinPort, the SEC’s hub/portal where innovations and Financial Technology (FinTech) are encouraged and facilitated. The SEC believes that the driver to transforming Nigeria into a smart financial centre is the provision of a regulatory environment that is conducive for innovative use of technology. FinPort has been established to assist all new and existing FinTech businesses to understand the regulatory demands and requirements relevant to the Nigerian capital market.

The SEC’s Mandate in Innovation

As the apex regulator of the Nigerian Capital Market, the Securities and Exchange Commission is empowered by the Investment and Securities Act 2007 to regulate and develop the market in a manner that ensures fairness, integrity, and ease of participation (both entry and exit). In this capacity, the SEC remains fully alert to new developments in the financial markets—especially those driven by technology—and adapts its processes and tools to fulfil its mandate without stifling innovation.

An Evolving Financial Innovation Landscape

Financial innovation is by nature dynamic and evolving. Like leading regulators worldwide, the SEC is committed to evolving alongside these changes. We have implemented mechanisms to:

• Monitor emerging FinTech solutions
• Build internal capacity to assess novel business models
• Deploy adaptive strategies and regulatory responses

This ongoing commitment ensures that the Nigerian Capital Market remains both progressive and secure.

Our Three-Pronged Innovation Objective

To balance innovation with investor protection and market stability, the SEC has articulated a three-pronged objective to guide all FinTech engagement:

1. Safety: Ensure that new products and services do not expose investors to undue risk or systemic vulnerabilities.
2. Market Deepening: Foster tools and platforms that broaden participation, increase liquidity, and deepen the capital market’s reach.
3. Solution-Driven Regulation: Develop and apply regulatory frameworks that solve existing market challenges—rather than simply retrofitting old rules to new technologies.

These pillars drive our strategy, shape our regulations, and define how we interact with innovators seeking legitimacy and relevance in Nigeria’s capital market.

International Collaborations

FinPort doesn’t just foster home-grown innovation—it connects you to the global FinTech community through strategic partnerships with leading regulatory and research networks:

• Global Financial Innovation Network (GFIN): A collaboration of 60+ financial regulators and related organizations that share insights, run cross-border trials, and harmonize FinTech rules.

Visit the GFIN Website

• Cambridge Centre for Alternative Finance (CCAF): A world-leading research hub on emerging finance models, providing data-driven studies and benchmarking on FinTech trends across over 100 jurisdictions.

Visit the CCAF Website

• IOSCO FinTech Network: The International Organization of Securities Commissions’ dedicated forum for regulators to collaborate on digital asset policies, sandbox frameworks, and supervisory approaches.

Visit the IOSCO Fintech Network Website

By tapping into these networks, SEC Nigeria brings global best practices, cutting-edge research, and coordinated regulatory approaches directly into your sandbox experience.

Your Next Steps

Ready to engage with the SEC and find clarity on your FinTech model?

• Explore our Programs (RI and ARIP) to find the right path for your innovation.
• Read up on the Rules and Guidelines guiding SEC's activities as it pertains FinTech and Innovation
• Go through the checklists of what you need to get ready to begin your FinTech journey
• Complete an Initial Assessment to determine your eligibility for the Regulatory Incubation programs.
• Got questions? Go through the FAQs on FinTech and Innovation
• Want to know who to do business with? Go through our list of registered Fintech Operators
• Want to know how we collaborate with international bodies on FinTech regulation? Click here.