Nigeria’s Sycamore Expands Into Asset Management With SEC Licence

TLDR

• Sycamore, the Nigerian digital lender with ₦10 billion assets under management, has received a fund manager licence from SEC
• This marks a significant expansion for the company, which will now offer diversified investment portfolios across asset classes
• Sycamore joins a competitive market dominated by established firms like ARM, Stanbic IBTC, and FBNQuest, alongside fintech challengers

Sycamore, the Nigerian digital lender with ₦10 billion assets under management, has received a fund…