Fez is a logistics platform focused on providing hassle-free delivery services to customers. The company offers an application that facilitates last-mile delivery within urban areas, allowing users to book deliveries, manage their wallets, and track their orders. By enabling the movement of goods from any point in the country, Fez aims to deliver affordable, fast, and efficient delivery solutions. The company is committed to ensuring a stress-free experience for both senders and recipients, emphasizing their duty to deliver packages with care and reliability.
Developer of an energy financial technology platform designed to provide information on payment plans for solar installations. The company's platform helps to provide personalized payment plans, installation support, after-sale service, and a wide range of repayment plans along with a tracker for schedules and invoice downloads, enabling users to access payment structures that match their needs.
Shekel is a neobank, trading, finance and operations platform for auto dealers that offers financing and management system software for auto dealerships. They help businesses for the improvement of market potential by providing them with the tools and resources they require to grow sustainably and optimally.
MyCover.ai is an open insurance API that allows insurance companies to distribute their products faster and cheaper, it enables innovators to embed insurance into their current offerings or launch new insurance verticals and ultimately deliver great experiences to customers. Our AI-powered claims management service helps insurance companies to streamline their claims processes, reduce fraud while also saving time and money.
Bridgecard is a fintech company that provides a platform for users to manage all their bank accounts and cards in one location. It offers a single debit card that can be used globally, enhancing the convenience of financial management. The platform incorporates features such as tokenization to ensure secure transactions, allowing users to conduct global transactions with confidence. By streamlining account management and improving security, Bridgecard aims to simplify the financial experience for its users.
Fluna operates a treasury management and financing platform that provides an alternative lending marketplace. The platform features multi-bank data feeds, cash insights, forecasting, pre-qualified credit offers, and automated reports. By connecting directly to customer bank accounts, Fluna enables businesses to gain a comprehensive understanding of their financial health. This connectivity allows companies to identify opportunities, enhance liquidity, maximize returns on excess balances, and reduce financial risk. Through these services, Fluna aims to streamline cash management processes and facilitate access to larger financing options for businesses.
Shekel is a neobank, trading, finance and operations platform for auto dealers that offers financing and management system software for auto dealerships. They help businesses for the improvement of market potential by providing them with the tools and resources they require to grow sustainably and optimally.
Shekel is a neobank, trading, finance and operations platform for auto dealers that offers financing and management system software for auto dealerships. They help businesses for the improvement of market potential by providing them with the tools and resources they require to grow sustainably and optimally.
Fluna operates a treasury management and financing platform that provides an alternative lending marketplace. The platform features multi-bank data feeds, cash insights, forecasting, pre-qualified credit offers, and automated reports. By connecting directly to customer bank accounts, Fluna enables businesses to gain a comprehensive understanding of their financial health. This connectivity allows companies to identify opportunities, enhance liquidity, maximize returns on excess balances, and reduce financial risk. Through these services, Fluna aims to streamline cash management processes and facilitate access to larger financing options for businesses.
PressOne is a cloud-based voice communication platform aimed at enhancing communication for small and medium-sized businesses. The company offers a range of services, including customizable professional greetings, call management, and customer call analysis. These features allow businesses to better understand customer needs, thereby improving satisfaction and retention rates. By providing a sophisticated business phone system traditionally available only to larger corporations, PressOne enables smaller enterprises to access advanced telephony services, including business phone numbers and centralized communication solutions.
Traction Apps is a developer of a financial platform tailored for small businesses, facilitating payment acceptance and overall financial management. The platform equips users with essential tools for monitoring sales, sending invoices, receiving payments, and managing inventory. Additionally, it provides retailers with access to financing options, aiding in business expansion and operational efficiency. By addressing the specific needs of small businesses, Traction Apps aims to streamline financial processes and enhance business growth.
Brass is a digital bank based in Nigeria that focuses on supporting small and medium-sized businesses. It offers a range of products and tools designed to facilitate business growth. One of its key features is a free current account that can be opened easily from any device, without requiring monthly transactions or a minimum balance. This accessibility allows customers to benefit from essential financial tools and banking services tailored to enhance their business operations.
HeyFood is a software platform designed for restaurants, hotels, and food vendors, facilitating food ordering and delivery services. The platform enables users to discover local dining options for on-demand delivery or in-store pickup, including restaurants, grocery stores, and convenience stores, all through a mobile application. This service allows hospitality businesses and quick-service restaurants to manage their operations digitally, enhancing the customer experience by providing efficient access to food options and streamlining the ordering process.
Pivo is a financial platform designed to support small and medium-sized businesses across Africa by providing access to a comprehensive range of financial services in one location. The platform aims to democratize finance, offering tools specifically tailored for the supply chain sector. By streamlining access to various financial services, Pivo enables its clients to efficiently engage with borderless financial solutions, promoting enhanced operational efficiency and growth opportunities for businesses in the region.
Bloc is a FinTech and Banking as a Service infrastructure provider.
Traction Apps is a developer of a financial platform tailored for small businesses, facilitating payment acceptance and overall financial management. The platform equips users with essential tools for monitoring sales, sending invoices, receiving payments, and managing inventory. Additionally, it provides retailers with access to financing options, aiding in business expansion and operational efficiency. By addressing the specific needs of small businesses, Traction Apps aims to streamline financial processes and enhance business growth.
PayHippo is a financial technology company focused on providing financing solutions for small and medium-sized enterprises (SMEs) in Nigeria. It offers automated underwriting and credit assessment tools that facilitate the flow of capital to approximately 40 million small businesses in the region. Through its API integration, PayHippo enables partners to effectively monitor the SMEs utilizing its financing services. The company specializes in providing various financial products, including working capital loans, asset financing, and inventory financing, which help businesses acquire necessary equipment and access clean energy solutions. By bridging the financing gap for SMEs, PayHippo contributes to the growth and sustainability of small businesses in Africa.
Mecho is a developer of an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. This service aims to provide a seamless experience for vehicle maintenance, inspection, and repair, making it easier for users to manage their automotive needs efficiently.
SendMe delivers a range of animal proteins, such as goat, cow, chicken, and fish. Their meat products include boneless beef, beef with bones, agemawo, ponmo, assorted, goat meat, chicken, gizzards, hake, titus, and more.
CreditClan is a Fully Technology Company with the sole mission of solving all lending problems in Africa. With over $65bn worth of consumer credit brokered yearly in Africa between Borrowers and lenders, CreditClan is positioning itself as the goto Platform-as-a-service for lending operations. With a deliberate design to remove the burden of technology and related operations from the day-to-day running of a lending house, we are well suited to businesses or individuals who are about to scale their lending operations. Our promise is that we will help them securely reach segments of the market previously untapped, while removing the prohibitive overhead and technology costs associated with such expansion. We are also very contemporary. We are pioneering Africa’s 1st P2P-as-a-platform which means crowd lending can be managed effortlessly through our dynamic technology. This means we are adaptable, and no matter how complex your requests get, our platform will stretch and deliver.
Omnibiz is a digital platform for small businesses willing to attract new customers.
PayPecker is a Business Process & Digital Transformation Infrastructure solutions provider for retailers, restaurants, their suppliers, and their customers. Paypecker’s solution enables retailers of all sizes to super-charge their core internal processes, enabling better and faster service to end-customers, and seamless interaction with relevant supply chain stakeholders. The platform also gives these businesses access to insights that enable growth in internal and third-party working capital.
Sudo is an API platform that allows developers to issue physical and virtual cards at scale with greater control and flexibility. The company was founded in 2020 and is based in Barnawa, Kaduna.
Engage is a customer messaging platform that allows users to reach target audiences to support business growth and retention on the Internet. Engage enables businesses to segment consumers by attributes (such as gender, location, plan, age, and more) and actions (such as an abandoned cart, the use of data bandwidth, cancelled subscription, submitted feedback ), and subsequently, send a message to these specific segments or send regular automated messages to enable them to complete an action, earn a reward or get feedback.
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.
Unlocking Foreign Investment Opportunities For Africans We’re a technology-driven finance company connecting everyday Africans with the best dollar-denominated investment opportunities around the world.
Unlocking Foreign Investment Opportunities For Africans We’re a technology-driven finance company connecting everyday Africans with the best dollar-denominated investment opportunities around the world.
Brass is a digital bank based in Nigeria that focuses on supporting small and medium-sized businesses. It offers a range of products and tools designed to facilitate business growth. One of its key features is a free current account that can be opened easily from any device, without requiring monthly transactions or a minimum balance. This accessibility allows customers to benefit from essential financial tools and banking services tailored to enhance their business operations.
FunnelJoy is an all-in-one tool designed for digital entrepreneurs, marketers, and creators to help them capture, convert and engage leads and sell products online.
MyServiceAgent is an artificial intelligence (AI) powered intelligent IVR system that can communicate with hundreds to thousands of callers simultaneously and intelligently and disseminate correct information from the Nigeria Centre for Disease Control as well as pass on the data to the NCDC to act on swiftly.
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
Infodemics is a web-based platform that harnesses technological prowess to disseminate real-time information, advice, and opinions (via Unstructured Supplementary Service Data and Interactive Voice Response) between experts and people facing threats to their health, economic or social well-being irrespective of their location and social status.
Cmapit is a startup offers geographic information System (GIS) and data visualization software that helps to analyse and visualise geospatial data concerning the virus.
Wellvis is a telehealth platform for the general public (i.e anyone with an internet-enabled phone or a smartphone) to discuss health-related issues and share quality health information verified by the health workers on the platform. It will also connect various patients (and/or their caregivers) with chronic illnesses via the SUPPORT GROUP link. Paid consultations via IM or voice/video calls with healthcare professionals will also available.
Innover Technologies is a full-service ICT company that provides ICT-based solutions to public and private organizations. We offer a wide range of services which include: - mobile app development, enterprise web portals, technology consulting, and new media communications.
Prunedge is a technology company that specializes in developing innovative solutions aimed at enhancing efficiency across various sectors, including social, commercial, and public domains. The company focuses on creating affordable technological applications that address everyday challenges faced by individuals and organizations. Its offerings include tailor-made web, mobile, and desktop application development, as well as software product management and automated budget management systems. By providing enterprise intelligence software, Prunedge helps organizations streamline decision-making processes, thereby improving overall productivity and effectiveness. Through its impact-focused approach, the company strives to demonstrate the benefits of technology and deliver significant value to its clients.
iQube is an applied computer science research & development company that aims to provide solutions to challenges.
Tizeti provides broadband internet services to densely populated urban centers in Africa. Tizeti is leveraging the large wireless capacity available with Wi-Fi and plummeting cost of solar panels to create a low CAPEX/OPEX network of owned and operated towers to offer disruptive, customer-friendly pricing for unlimited internet service right across Africa.
SEND is a digital freight forwarding and courier service provider based in Yaba, Nigeria, specializing in logistics for African businesses. The company offers a comprehensive platform that manages cargo shipping by air, truck, and sea, serving as both a freight forwarder and customs broker. SEND's services include handling the entire shipping process, from customs clearance to final delivery, ensuring efficient routing and reliable deliveries. By digitizing documentation and streamlining interactions with shipping vendors, SEND enhances the shipping experience and facilitates faster trade within the industry.
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It specializes in providing a comprehensive, cloud-based HR platform designed for medium to large-sized companies. SeamlessHR offers an end-to-end suite of solutions that automates and optimizes various HR processes, including recruitment, performance management, payroll, and leave management. Its product offerings encompass a Recruitment Management System, a Core HR Management System, and a Learning Management System, among others. The platform is tailored for emerging markets, providing well-priced and robust technology to help businesses streamline their human resource operations from hiring to retirement.
FINT isNigeria’s first debt financing marketplace. FINT is a debt financing marketplace matching investors looking for competitive returns with credit-worthy borrowers(individual or business opportunity loans) looking for the most attractive interest rates possible. FINT is the leading debt financing marketplace in Nigeria. It connects investors or lenders looking for high returns with creditworthy borrowers looking for short term personal loans or business opportunity loans. Their automated, simple to use, transparent and hassle free debt financing marketplace ensures that the borrowing needs of individuals are met quickly and efficiently. Connecting lenders and borrowers in the debt financing space, Its a win-win situation for both lenders and borrowers. The FINT experience is one of inclusion, empowerment and quality service. Join us today, and be a part of the “invest in you” Community.
Tsaron Tech is an arbiter using algorithms to lower premiums for interstate transporters in order to impact road safety. Compact by design, we are a strict family of actuaries, software and hardware engineers, medical doctors and regulatory law past masters.
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the platform utilizes artificial intelligence to provide tailored learning materials, including online tutorials and video lessons, along with exam preparation resources. Gradely employs analytics to identify learning gaps, enabling real-time intervention for students through adaptive homework tests accessible via web and mobile devices. The platform assists teachers by offering pre-set questions, currently focused on mathematics, which align with WASCCE and Cambridge curriculum topics. Teachers can easily assign homework and deadlines, while progress reports are generated for teachers, parents, and schools. Gradely's system continuously adapts by integrating previously unmastered topics with new ones, ensuring a comprehensive learning experience.
Trove Technologies Limited operates an online investment platform based in Lekki, Nigeria, designed to facilitate easy access to various financial assets. The platform enables users to invest in a diverse range of securities, including stocks, bonds, cryptocurrencies, and mutual funds. It specifically targets beginners by simplifying the investment process, from the initial sign-up and KYC verification to trading and monitoring investments. Users can track their portfolios in real-time and receive tailored financial news related to their investments. By providing a user-friendly interface and a comprehensive selection of assets, Trove aims to make micro-investing accessible and straightforward for its clientele.
MDaaS Global operates diagnostic centers in underserved communities in Africa, providing essential services such as radiology, cardiology, and laboratory testing. Established in 2016 and headquartered in Lagos, Nigeria, with an office in Cambridge, Massachusetts, the company focuses on connecting low- and middle-income patients with modern and affordable healthcare solutions. Through its tech-enabled facilities, MDaaS Global enhances patient access to timely diagnostics, which helps in the early identification of health issues and facilitates connections to medical specialists and treatment options. Additionally, the company is involved in the retail, leasing, installation, and maintenance of medical equipment for hospitals, further supporting the healthcare infrastructure in the regions it serves.
Piggyvest enables Nigerian debit card holders save little amounts of money frequently with minimal effort. They automate the process of saving tiny amounts daily, weekly, or monthly; and then allowing you to withdraw for free on only set withdrawal dates thereby practically making saving more possible for you by eliminating the temptation to withdraw. Piggyvest is a platform that helps individuals and businesses manage their finances effectively - save and invest with ease. As Piggybank.ng, Piggyvest operated in partnership with 2 Microfinance banks and used their licenses. However, in early 2018, Piggyvest acquired Gold Microfinance bank and its license. Piggyvest is also a registered cooperative- Piggytech Cooperative Multipurpose Society Limited (Registration number, 16555). All saved funds are now warehoused with and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).
Gerocare Solutions Limited provides subscription-based medical care specifically designed for individuals aged 50 and above in Nigeria. Established in 2017 and headquartered in Port Harcourt, the company offers various subscription plans—monthly, quarterly, biannually, and annually—that ensure regular home visits by medical doctors at least twice a month. This service aims to help elderly patients maintain their health, prevent deterioration, and enhance their overall quality of life. By facilitating these home visits, Gerocare not only addresses the medical needs of the elderly but also offers reassurance to their families through regular updates on their health status. The company's approach emphasizes early detection and management of health conditions, thereby promoting preventive healthcare tailored to the unique needs of older adults.
Non Equity Assistance in 2017
TIZETI (wifi.com.ng) has been deploying high speed internet access to estates, offices, multi-tenant building using next generation wi-Fi technology. They deploy unlimited internet to residential and business customers which allow customers get the full benefit of the internet with no data or time caps. They also offer VOIP and Video on Demand services.
RelianceHMO is a technology-driven health insurance company focused on providing affordable and reliable insurance solutions for the average African. The company aims to make health insurance more accessible by integrating telemedicine with data science, which helps streamline the process and reduce costs. Through its innovative approach, RelianceHMO addresses the challenges of the healthcare system in Africa, ensuring that more individuals can gain access to necessary medical services.
Tizeti provides broadband internet services to densely populated urban centers in Africa. Tizeti is leveraging the large wireless capacity available with Wi-Fi and plummeting cost of solar panels to create a low CAPEX/OPEX network of owned and operated towers to offer disruptive, customer-friendly pricing for unlimited internet service right across Africa.
Thrive Agric Limited is a technology-driven agricultural platform based in Abuja, Nigeria, established in 2016. The company connects farmers with funding and premium markets, facilitating crowdfunding through its online platform. Users can subscribe to farms, choose investment quantities, and pay subscription fees, which support farmers with quality inputs, expertise, and machinery. Thrive Agric also provides multimedia updates on farm activities and offers agricultural products for sale online. By lowering barriers to capital access and employing data-driven best practices, Thrive Agric aims to improve agricultural yields and establish connections between farmers and local as well as global markets. The company partners with significant offtakers, including major food corporations, to enhance market access for farmers. Thrive Agric's mission focuses on empowering African farmers and contributing to food security in Africa and beyond.
Lastprice is a convenient website to buy and sell used/new fashion items at the lowest price possible. At Last Price, they create a new life & propose value for used clothing items. Their goal is to re-brand your idea of “thrift”, and their unbelievable collections of everyday items will help you find anything you need at the lowest Last price possible.
Gerocare Solutions Limited provides subscription-based medical care specifically designed for individuals aged 50 and above in Nigeria. Established in 2017 and headquartered in Port Harcourt, the company offers various subscription plans—monthly, quarterly, biannually, and annually—that ensure regular home visits by medical doctors at least twice a month. This service aims to help elderly patients maintain their health, prevent deterioration, and enhance their overall quality of life. By facilitating these home visits, Gerocare not only addresses the medical needs of the elderly but also offers reassurance to their families through regular updates on their health status. The company's approach emphasizes early detection and management of health conditions, thereby promoting preventive healthcare tailored to the unique needs of older adults.
MyPadi Networks Technology Limited operates an off-campus hostel booking and roommate finding platform in Nigeria, connecting students with safe and affordable accommodations near various educational institutions. Founded in 2016 and based in Abuja, the company was previously known as HostelsVilla.com. MyPadi.ng has established itself as a leading resource for students seeking off-campus housing, offering a user-friendly interface that includes photographs, video tours, pricing, and profiles of potential roommates. The platform features listings from verified landlords, providing students with comprehensive information about available accommodations near their schools and colleges.
Printivo Ltd. is a Nigerian company that offers online printing services tailored for startups and small to medium-sized enterprises. Founded in 2013 and based in Lagos, Printivo provides a diverse array of products, including business cards, banners, flyers, greeting cards, and promotional items such as custom mugs and stickers. The company features an interactive online platform where users can browse and customize hundreds of design templates, allowing them to upload images and insert logos. This service aims to streamline the printing process, making it more efficient and accessible for businesses in Nigeria. By leveraging technology and a wide range of design options, Printivo seeks to enhance the marketing capabilities of its customers and transform the local printing industry.
Printivo Ltd. is a Nigerian company that offers online printing services tailored for startups and small to medium-sized enterprises. Founded in 2013 and based in Lagos, Printivo provides a diverse array of products, including business cards, banners, flyers, greeting cards, and promotional items such as custom mugs and stickers. The company features an interactive online platform where users can browse and customize hundreds of design templates, allowing them to upload images and insert logos. This service aims to streamline the printing process, making it more efficient and accessible for businesses in Nigeria. By leveraging technology and a wide range of design options, Printivo seeks to enhance the marketing capabilities of its customers and transform the local printing industry.
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets. KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype. KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
RelianceHMO is a technology-driven health insurance company focused on providing affordable and reliable insurance solutions for the average African. The company aims to make health insurance more accessible by integrating telemedicine with data science, which helps streamline the process and reduce costs. Through its innovative approach, RelianceHMO addresses the challenges of the healthcare system in Africa, ensuring that more individuals can gain access to necessary medical services.
Paystack Payments Limited is a technology company that provides payment processing services to businesses across Africa. Founded in 2015 and headquartered in Lagos, Nigeria, with an additional office in San Francisco, California, Paystack offers an online payment gateway that enables merchants to accept various forms of payment, including credit and debit cards, money transfers, and mobile money. The platform facilitates online transactions for a diverse range of clients, including entrepreneurs, corporates, fintech companies, schools, and betting businesses, allowing them to receive funds from customers worldwide. By streamlining payment acceptance, Paystack aims to enhance the financial ecosystem for businesses in the region.
proteach offers the best professional home and school tutors services in nigeria. One-to-one learning works. They’ve believed that from day one. But they also knew it would work better if it were accessible, affordable, and more convenient for everyone. They make it easier to connect people who need to know with the experts that can teach them. And they continue to change the way people think about education in the process.
It's loads of intense fun and learning with Teseem - First Words, an educational app for babies ,pre-schoolers and toddlers aged 1 to 5. It's perfect for teaching your kids and it's intuitive so they can also play and learn on their own. Teesem - First Words is full of exciting educative animation that kids can activate just by touching the screen.
proteach offers the best professional home and school tutors services in nigeria. One-to-one learning works. They’ve believed that from day one. But they also knew it would work better if it were accessible, affordable, and more convenient for everyone. They make it easier to connect people who need to know with the experts that can teach them. And they continue to change the way people think about education in the process.
Wesabi facilitates an online platform that enables individuals to find and obtain services of local workers and artisans for their residential or commercial property development. It enables them to obtain services in plumbing, carpentry, AC repair, electrical, home cleaning, laundry, tiling, and painting. Wesabi connects workers and artisans according to the specifications and requirements that were expressed in the form which was filled by its customers. The company will refund money if their customers are not satisfied with the job. Wesabi was founded in 2015 and is headquartered in Lagos, Nigeria.
Jalo is a hybrid technology and logistics solution developed and managed by Think Hat Firm. We are using technology to transform the way delivery works. With Jalo we are providing a way to conveniently move packages from one point to another in less than two hours. Jalo offers a revolutionary hyper local on-demand delivery service that connects customers with local businesses.
PayConnect is a mobile lending platform based in Lagos, Nigeria, that connects lenders with borrowers through an innovative and efficient process. Founded in 2012, the company leverages a proprietary algorithm to analyze clients' transaction notifications, bill payments, and communication history, allowing for a comprehensive assessment of their income and spending patterns. This information enables PayConnect to offer tailored loan amounts and repayment terms without the need for collateral. The platform is designed to provide quick loans to salary earners, often disbursing funds within 24 hours of application. With a team possessing over 20 years of combined experience in banking and risk management, PayConnect aims to address the challenges faced by low and medium salary earners in accessing financial services from traditional banks.
Non Equity Assistance in 2016
Paystack Payments Limited is a technology company that provides payment processing services to businesses across Africa. Founded in 2015 and headquartered in Lagos, Nigeria, with an additional office in San Francisco, California, Paystack offers an online payment gateway that enables merchants to accept various forms of payment, including credit and debit cards, money transfers, and mobile money. The platform facilitates online transactions for a diverse range of clients, including entrepreneurs, corporates, fintech companies, schools, and betting businesses, allowing them to receive funds from customers worldwide. By streamlining payment acceptance, Paystack aims to enhance the financial ecosystem for businesses in the region.
CoBuildIT is a project management company dedicated to making homeownership more accessible by significantly lowering construction costs. By facilitating collaboration among individuals, the company creates a platform where resources are pooled to enable the development of high-quality housing projects. This approach not only empowers home buyers to retain control over their projects but also minimizes the involvement of intermediaries, which helps to reduce overall expenses. CoBuildIT's services include connecting investors with potential home buyers, allowing for a co-building process that makes it easier for individuals to finance their dream homes over a set period. Through this innovative model, CoBuildIT aims to transform the home-building experience, making it more efficient and cost-effective for everyday people.
Non Equity Assistance in 2016
Makers Academy is grooming Africa's next generation of bold, innovative problem solver.