Fintech companies are emerging as pivotal players in the economic landscape of developing markets, offering opportunities for both customers and service providers to enhance financial inclusivity, foster innovation, and introduce disruptive business models for increased profitability, growth, and overall value creation. Nevertheless, alongside advanced technology and evolving business models, there are associated risks that must be addressed for long-term sustainability.

KPMG's Fintech Assurance Service is dedicated to identifying, managing, and mitigating the risks inherent in the Fintech technology environment. Our seasoned, multidisciplinary team possesses deep industry knowledge, regulatory expertise, and functional insights, as well as the necessary technical proficiency to assist you in devising and implementing appropriate controls to mitigate risks in your business.

Our Fintech (IT) Assurance Services are custom-tailored for FinTechs, encompassing the following key IT domains:

1. Technology Gap Assessment
2. IT Internal Audit Services
3. Revenue Assurance
4. Data Analytics & Big Data
5. IT Governance, Risk & Compliance Review
6. IT Performance and Change Management Review
7. IT Due Diligence (IT Deals Audit)

Who Benefits from Our Services:

Our services are highly advantageous for FinTech enterprises engaged in the following areas:

• Savings and Investment
• Lending and Credit
• Payments
• Enterprise Financial Software
• AgriTech, RegTech, and other FinTech players

Businesses that typically gain value from our services include:

• Firms seeking independent IT risk assessments and/or compliance reviews, coupled with recommendations for risk mitigation.
• Companies in need of thorough revenue assurance reviews to ensure the accuracy and completeness of reported revenue.
• Teams involved in information technology, information security, risk management, internal audit, legal and compliance, and application development, looking to evaluate (a) development and deployment procedures, (b) secure coding practices and policies, and/or (c) governance and operational processes.

Contact Us:

Lagos: KPMG Tower, Bishop Aboyade Cole Street, Victoria Island Tel: +234 9068459329

Abuja: 84, Kwame Nkrumah Crescent, Asokoro, Abuja. FCT. Tel: +234 9062278732