“When life gives you lemons, make lemonade”. This aptly captures the level of innovation we saw in 2020 as the coronavirus redesigned the world as we knew it. Older trends such as e-commerce and remote working were accelerated, while other innovations got a chance to validate (or kill) their assumptions in the year of the pandemic.
Now, 2021 is a new year. Without a vaccine for majority of the world’s population, we’re going to be living in an extended 2020, in the short term. So that means many trends we’ve seen from the last 12 months may remain for some time. And for innovative companies and enterprising investors, this isn’t just about making lemonade. There are real gaps to be filled and more opportunities to exploit in Nigeria's various broken value chains.
Here are a few things I’m looking forward to in 2021.
API fintechs and banking as a service
How many bank accounts do you have?