A new fintech company called Open Space, focused on artificial intelligence and ethical or non-interest finance, has been launched in Nigeria, according to the Daily Post. The firm was unveiled in Abuja on Tuesday as part of efforts to deepen financial inclusion and make financial services more accessible to Nigerians and businesses. The company's chief executive officer spoke at the launch event, though further details of his remarks were not provided.

Open Space, a Nigerian financial technology company, has launched new Ethical Finance products aimed at promoting inclusion, transparency and shared prosperity. The move comes as an Enhancing Financial Innovation and Access (EFInA) survey showed financial inclusion in Nigeria rose to 74% in 2023 from 56% in 2020, leaving about 26% of Nigerians financially excluded, according to Daily Trust. The company's products seek to help bridge this remaining gap.

Open Space Financial Services Limited has unveiled an Ethical Finance proposition that combines Shariah-compliant financial structures, aiming to expand access to capital and asset ownership. Speaking at the launch in Abuja, an official identified as Ikeh said finance must move beyond transactions toward investment and shared prosperity, according to ThisDay Live. The initiative positions ethical and non-interest financing as a tool for broader financial inclusion, though further details of the model were not disclosed in the report.

Chaka, a Nigerian fintech company, has launched Hisa as part of its initiative to create a pan-African investment platform. This move follows Chaka's recognition as Nigeria's first SEC-licensed digital investment platform, aiming to enhance investment opportunities across the continent.

OPay has launched a new office in Kaduna, Nigeria, which is part of its strategy to enhance financial inclusion and improve customer service in the region. This expansion reflects OPay's ongoing commitment to providing accessible financial solutions to a broader audience.

Nigerian startup SpaceTrade is working to make spending cryptocurrency as easy as spending naira, according to Techpoint Africa. The platform targets the many Nigerians who buy, receive, or hold digital assets but face difficulties using them for everyday payments. The report, published in September 2026, highlights the company's effort to bridge crypto holdings and daily commerce, reflecting growing interest in practical crypto payment solutions within Nigeria's financial technology sector.