Lagos commensurate with New York as a hub for payments startups
· FXC Intelligence has published a deep-dive report into cross-border payments startups. · Geographically, there was a stronger presence of payments startups in emerging markets than among lists of larger, more established cross-border payments companies. · Lagos, Nigeria, came in joint second with New York in terms of cities with the most cross-border payments startups founded since the start of 2022. 7% of startups were founded there, underpinning its growing importance as a payments hub.