Fintech meets fashion: Fets to sponsor Lagos Fashion Week

Fets Limited Nigeria, leading mobile money platform, has announced its sponsorship of the 2018 Lagos Fashion Week (LFW).

This will be the third consecutive year that the fintech company has supported the LFW, one of the biggest fashion events in Africa.

“At Fets. we understand the significant benefits mobile money brings to Nigeria’s creative industries and to the fashion business in particular. Fets is committed to fostering entrepreneurship and innovation, and we are delighted to see mobile payments already fuelling creative sector growth,” Omotade Odunowo, CEO, Fets Limited, said in a statement made available to BusinessDay.

“Fets has established a reputation for innovation. For instance, our multilingual app is the first of its kind in Nigeria. And in addition to our support for LFW, we have also this year partnered with LFW to award the Fashion Focus Fund.

“In March, the Fund awarded a bursary to a very talented young designer Emmy Kasbit. We were delighted to see that in August, during her visit to Nigeria, the British Prime Minister Theresa May wore one of Emmy Kasbit’s jackets. It just goes to show that we have an amazing pool of creative talent in Nigeria – and that mobile money really makes a positive difference,” Odunowo said.

The Lagos Fashion Week is now in its seventh year. It is scheduled to hold form the 24th to the 27th October, 2018.

As every year, it will host catwalk shows, networking events and a rich social programme. The event features a food court and retail arena, which for the first time will be entirely cashless, with all payments made through fetswallet, the statement stated.

  Josephine Okojie