Posted Jun 2016
Olusegun Kofoworola heads the firm’s Digital Economy, Fintech Regulation, and Intellectual Property practice groups, and co-leads the firm’s Data Compliance and Innovation Policy Advisory teams. His specialisations include digital regulation, financial technology law, data protection, platform liability, e-commerce, cybersecurity, and emerging markets compliance. He plays a pivotal role in steering Legalify’s legal response to the evolving intersection of law, technology, and innovation.
Segun has years of hands-on experience advising high-growth startups, multinational corporations, and government agencies on complex regulatory frameworks and digital compliance obligations.
He is particularly known for translating multi-layered fintech, data, and intellectual property risks into actionable legal strategies tailored to fast-evolving sectors.
He has advised payment service providers, digital banks, and blockchain-based platforms on structuring their operations within Nigeria’s rapidly shifting regulatory environment. He has also advised leading mobile money operators and API-driven tech firms, guiding them through licensing, consumer protection compliance, data localization, cross-border data transfers, and intellectual property enforcement strategies.
Segun led the firm’s engagement in a digital financial inclusion initiative in various platforms, where he provided advisory support on consumer data frameworks, algorithmic governance, and regtech solutions. He was also part of a consortium that contributed to policy recommendations on the responsible regulation of artificial intelligence in financial services.
He heads the firm’s Data Compliance practice, through which he has overseen compliance projects. Segun routinely engages with regulators on behalf of clients.
Segun is regularly invited to speak and train on digital regulation, platform governance, and IP rights in the digital economy. He has contributed to the development of draft policies for data governance and innovation, and advises industry stakeholders on issues including biometric data use, AI governance, and platform content liability.
He is a member of the Nigerian Bar Association and serves as a legal resource to several tech policy think tanks across Africa. He continues to play a strategic role in Legalify’s tech-forward, compliance-driven approach to digital transformation in law.