Raven hints at survival amid Nigeria's challenging business landscape
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Raven, a fintech startup in Nigeria, has managed to thrive in the challenging macroeconomic landscape of the country. The Chief Operating Officer of Raven, Prince Nwachukwu, attributes their success to strategic talent and product development investments. Raven has invested in culture and skilled workforce, and has developed innovative offerings such as BankBox. Nwachukwu also hinted at Raven's aspirations to expand beyond Nigeria through regulated partnerships. He highlighted the need for economic diversification and revenue mobilization beyond oil dependence in Nigeria. Nwachukwu emphasized the importance of collaborative efforts and inclusive dialogue to forge sustainable solutions. He urged Nigerians to embrace entrepreneurship as a means of diversifying income streams and safeguarding against financial volatility. Nwachukwu also highlighted the need for regulators to protect Nigerians against fraud and illicit activities in the fintech industry. He emphasized the potential benefits of enhanced collaboration among fintech firms. Despite the challenges, Nwachukwu stressed the importance of resilience, proactive risk management, and maintaining proper relationships with workers, clients, and stakeholders in business management.

#Nigeria #Business #Economy #Fintech #Startups

https://www.legit.ng/business-economy/industry/1584856-how-survive-nigerias-challenging-macroeconomic-terrain-prince-nwachukwu-raven/