{
  "id": 6409883,
  "title": "Open Space: Nigeria gets new AI fintech",
  "url": "https://urgent.news/2026/09/09/open-space-nigeria-gets-new-ai-fintech",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-09T10:54:53.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/09/09/open-space-nigeria-gets-new-ai-fintech/"
  },
  "original_language": "en",
  "account": "A new AI-focused fintech, Open Space, has been established in Nigeria's financial sector. The company was introduced in Abuja on Tuesday as part of initiatives to enhance financial inclusion and make financial services more accessible to Nigerians and businesses. Open Space's CEO, Titus Ikeh, stated that the platform aims to transform the relationship between technology, finance, and human development. Ikeh emphasized the company's vision to center human lives in financial and social innovation, steering away from merely establishing another platform among existing ones. Instead, they aim to create an ecosystem that makes financial services more accessible, intelligent, relevant, and meaningful to people, especially those previously underserved or excluded from formal financial systems. Open Space's foundation lies in the belief that financial innovation should serve more than just facilitating transactions; it should aid people in making better decisions, creating opportunities, building businesses, acquiring assets, growing wealth, and improving their lives. This belief is encapsulated in their vision to empower humanity through disruptive innovation and trust capital to foster shared prosperity. The platform integrates financial services and artificial intelligence tools into one ecosystem, providing individuals and businesses with access to a growing array of financial capabilities in a unified environment. Oscar Ede, Open Space's COO, noted that the launch signifies a significant step towards making finance more accessible, responsible, and meaningful for the people and businesses they serve. From an operational standpoint, the launch of Ethical Finance is not merely introducing new financial products but also building the necessary structures, processes, and customer experiences to ensure that the principles of Ethical Finance are upheld in every customer interaction. Ololade Otayemi, Open Space's CTO, highlighted that the platform merges modern technology with Ethical Finance to streamline financial services while maintaining the infrastructure needed to support intricate products. The tech team's objective has been clear: to simplify the customer experience while building the depth of infrastructure required to securely, intelligently, and at scale offer sophisticated financial products. As a new entrant into Nigeria's competitive digital financial services market, Open Space joins fintechs and banks expanding technology use to achieve financial inclusion and reach underserved customers. With 26 percent of adults still lacking access to formal financial services, the Central Bank of Nigeria aims to achieve 95 percent financial inclusion by 2028.",
  "summary": "A new fintech, Open Space, focused on artificial intelligence, AI and Ethical or Non-interest Finance, has been launched in Nigeria’s financial ecosystem. Open Space was unveiled in Abuja on Tuesday as part of efforts to deepen financial inclusion and make financial services more accessible to Nigerians and businesses. Speaking at the launch, Chief Executive Officer of Open […] Open Space:…",
  "key_points": [
    "Open Space, AI fintech, launched in Nigeria",
    "CEO Titus Ikeh emphasizes human-centered innovation",
    "Platform merges finance with AI for inclusive services"
  ],
  "editors_take": "The launch of Open Space signifies a push to expand financial inclusion in Nigeria, targeting underserved populations with AI-driven financial services that aim to be more accessible, intelligent, and meaningful.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}