Enhancing Financial Innovation & Access (EFInA) Limited has announced the appointment of Kola Aina, Founding Partner and General Partner at Ventures Platforms, to its board of directors.
EFInA is a financial sector development organisation committed to promoting financial inclusion in Nigeria.
New Board Member Kola Aina has been instrumental in advancing financial inclusion across Nigeria and Africa. His venture capital firm’s investments in fintech companies, such as PiggyVest, have provided financial services to over 5 million underserved individuals, contributing to a 13.5% increase in financial inclusion in Nigeria.
In addition to financial inclusion, Aina and his team at Ventures Platform foster entrepreneurship, create jobs, optimise supply chains, and empower founders to develop market-creating innovations that address Africa’s complex challenges while accelerating digital transformation across the continent’s startup ecosystem.
Commenting on Aina’s pivotal role in the enhancement of financial innovation and access in the Nigeria tech ecosystem, Agnes Olatokunbo Martins, former Director at the Central Bank of Nigeria, and Chairman of the Board, said that Aina’s venture capital firm – Ventures Platform strategically invests in fintech innovations that can deepen financial inclusion across the continent and his appointment to the board is pleasant and strategically beneficial decision that the African financial sector will forever be grateful for.
“We are delighted to welcome Kola Aina to the EFInA Board. Kola has been a pivotal figure in the African tech ecosystem, funding financial innovations that align with our mission to promote income growth for the bottom 40% of the population and foster social and economic inclusion, as outlined in SDG 10 on Reducing Inequalities. Kola’s experience in entrepreneurship, mentorship, and backing fintech giants that have significantly improved financial inclusion will be invaluable as we strive to create a more inclusive financial sector.”
On his appointment, Kola Aina said, “I am thrilled to join the EFInA board. EFInA is a critical market enabler that has been a key driver of financial inclusion and a champion of the unbanked. The organisation’s reports and research have been credible sources of information for key stakeholders of the economy, and I’m proud to be part of a gathering of intellectuals that are committed to steering the nation’s approach to financial inclusion in the right direction.
“I look forward to working closely with my fellow board members and contributing to the achievement of our goal in Nigeria and across Africa. I remain committed to our collective ambition of promoting an inclusive financial sector that serves the excluded and underserved in Africa.
