DevSecFlow Launches AI-Powered Cybersecurity Platform for Fintechs, Regulated Industries
Cybersecurity firm DevSecFlow has officially launched SECOYA, an advanced Security Operations platform built to deliver intelligent, scalable, and efficient cyber defence solutions for financial institutions and highly regulated organisations across Nigeria.
The announcement was made in a statement issued on Sunday, following an executive breakfast session hosted by the company on Wednesday, June 11, 2025, in Lagos.
Themed “Beyond Compliance: AI-Powered Resilience for Nigeria’s Financial Future,” the event convened senior leaders from the fintech and cybersecurity sectors to explore emerging digital threats and the urgent need for smarter, AI-driven responses.
Speaking at the event, DevSecFlow CEO Francis Ofungwu stressed that Nigeria’s cybersecurity approach must evolve beyond mere regulatory compliance.
“The future of cybersecurity in Nigeria lies in building intelligent systems that operate with speed, scale, and precision,” said Ofungwu. “SECOYA delivers on this vision by automating key functions like threat hunting, incident response, and alert triage—providing continuous protection with higher accuracy than human analysts, while still requiring human oversight to ensure ethical and transparent operations.”
SECOYA is engineered to simplify complex security operations through a combination of AI, automation, and integration into existing workflows. By tailoring its AI capabilities to local operational realities, the platform aims to enhance digital trust in Nigeria’s fast-evolving fintech landscape.
Abdel Sy Fane, Co-founder of DevSecFlow, explained that SECOYA was developed to close long-standing gaps in trust and collaboration across technical teams, while also making high-grade security accessible to small and medium-sized enterprises (SMEs).“Security isn’t just about tools—it’s about understanding how teams work and building systems that support them,” said Fane. “SECOYA’s automation helps teams focus on real threats, and its user-friendly design ensures that even resource-constrained firms can adopt enterprise-grade protections at scale.”
The event also featured a panel discussion moderated by Ofungwu, with expert insights from leading fintech security professionals including; Ebuka Onyejegbu, Senior Business Relationship Manager at Moniepoint, Demi Babajide, Back-End Developer at OPay, Paul Oludele, Information Systems and Security Manager at PalmPay, Sopriye Iketubosin, Manager, Information Security at Kuda MFB
The panelists highlighted the growing shift from static, rule-based security systems to adaptive, AI-driven models. Onyejegbu emphasized the importance of contextual integration for effective threat detection. Babajide advocated for incorporating preventive security measures at the design phase. Oludele discussed AI’s role in enhancing real-time decision-making, and Iketubosin called for a broader focus on governance and human oversight to ensure accountability in automated systems.
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In closing, the experts agreed that platforms like SECOYA have the potential to significantly boost operational efficiency, cut response times, and strengthen digital trust across Nigeria’s increasingly complex financial services sector.
