CEO Ikenna Imo, Sync Capital and Advisory Ltd
Sync Capital and Advisory Ltd has secured a Finance Company Licence from the Central Bank of Nigeria (CBN), allowing it to operate as Sync Finance Company Limited.
The licence authorises the Lagos-based firm to function as a non-bank financial institution, focused on expanding credit access and investment opportunities for MSMEs and individuals.
Nigeria’s MSME sector contributes more than 48% of GDP but faces a $158bn credit gap (World Bank/SMEDAN). Sync Finance aims to close part of this gap by offering data-driven credit assessments, flexible loans, and tiered digital investments.
CEO Ikenna Imo said: “Our mission is to be the financial institution of choice for entrepreneurs and MSMEs.”
Non-Executive Director Uhabia Ojike added that Sync Finance is “uniquely positioned to fund the real sector, especially retail trade and local value chains.”
The development highlights growing regulatory support for fintech-driven financial inclusion in Africa’s largest economy, while also creating new channels for local and foreign investors.
Sync Finance secures CBN licence to operate as a non-bank finance company in Nigeria, targeting MSME credit gaps with digital loans and investment products.
Discover more from Ameh News
Subscribe to get the latest posts sent to your email.
