Chams Plc has been awarded the Fintech Platinum Award by the Fintech Association of Nigeria (FintechNGR).
This award was presented by the President FintechNGR, Ade Bajomo at the maiden edition of The Fintech Platinum Awards, held in Lagos.
According to Bajomo, “Chams recognition with the Legacy award (Corporate) is as a result of the role the company played and still playing in paving way for the Fintech industry to take off and thrive in Nigeria and Africa.”
“Chams’s outstanding works of excellence in the fintech space are not just profound, but fundamental catalysts for changes which have brought huge economic, security and social growth to Nigeria.
“The company has achieved success through large scale projects such as; its pioneering works on e-payment through formation of Valucard in collaboration with six top Nigerian banks; identity management through the first successful implementation of the Nigerian NationalID, establishment of the INEC Voters Database and Cards, SIMREG databases for NCC and Telcos, etc.
“In addition, it is the first home-grown company to be listed in the Guinness Book of Records for setting up the mega ChamsCity Digital Mall, and also the first computer technology company listed on the Nigerian Stock Exchange. Chams implemented Nigeria’s Biometric Verification Number (BVN) which helps to solve to a large extent, the identity crises, and curtailed fraud in the Nigeria banking system.
Founder and Chairman of Chams Holdco in his remarks said: “We are appreciative of the honor and award. Our aim is not to relent but to keep innovating and promoting fintech solutions for a myriad of social and economic challenges faced by Nigeria and beyond.”
Also, the Group Managing Director Chams, Gavin Young who received the award on behalf of the company, emphasized the need for smart regulation that will deepen the sector, attract more investments, and transform lives through increased opportunities for the teeming African youths.