Founder: Tayo Oviosu Total Funding: $32,700,000 Founding Year: 2009 Category: Digital payments Address: 176 Herbert Maculay Road, Yaba, Lagos. Roqqu is fast, safe and most important, it’s reliable. WeMove. Founder: Prince Nnamdi Ekeh and Sim Shagaya CEO – Nick Imudia Nnamdi Ekeh Total Funding: $79.5M Founding Year: 2012 Category: E-commerce Address: Kosofe, Nigeria Contact: 0708 063 5700, 0809 460 5555 Email Id: help@konga.com. Their sole vision is to encourage food productivity in Nigeria, and not relying only on foreign commodities. Through this platform, you can directly get funds to your bank account with no risk.at all. Contact: +234 903 964 2139 Email Id: support@edenlife.ng. Fintech has the highest representation with 55%. Algeria Rolls Out Tax Incentives, Free Zones And Massive Development For Its Startup Ecosystem September 8, 2021; Nigerian VC Firm Pours 7-Figure Seed Funding Into Kenyan Fintech Startup, Pezesha September 8, 2021; The Consequences Of Building In Stealth: Lessons From Yoco, The South African Payments Startup That Almost Died September 8, 2021 By Tom Jackson on September 15, 2021 Features, Startups, West Africa The story formation of Nigerian startup Sabi, a B2B marketplace serving Africa's informal sector, is not a common one, with the beginnings of the company traced back to another Nigerian startup - Rensource. The Central Bank of Nigeria (CBN) has secured a court order to freeze the accounts of some fintech companies for 180 days. This Plus edition paperback includes a recent interview with the author conducted by the book's editor Michael Maudlin. They have a mobile app and web platform that allows users to buy cryptocurrencies from their debit cards directly. Contact: +2348167164014/ +2347064901559 Email Id: info@thriveagric.com. Wealth.ng has made it easy and secure for the people of Nigeria to invest their money in a safe place and add an earning to their life. Founder: Uchenna Nnodum Total Funding: $15k Founding Year: 2018 Category: FinTech, Cryptocurrency Address: No 27A, Road 11, Ikota Villa Estate, Lekki-Epe Expressway, Lagos State. Nigerian agritech startup, Releaf has secured a $4.2 million funding. Bamboo 12. Otrac aim is to build a learning platform that supports the continuous growth of health practitioners. It was launched in January 2020 and has already gained 491 users, and has done transactions valued at ₦100 million. Mines.io 15. Founder: Boye Oshinaga Total Funding: $ 35K Category: EdTech Address: 8 Montgomery Rd, Yaba 100001, Lagos, Nigeria Contact: (+234) 810 059 8268 (+234) 805 596 7844 Email Id: support@gradely.ng. The Nigerian Off-Grid Market Acceleration Programme, a not-for-profit initiative backed by UK charity, Shell Foundation, USAID, and UK aid, has supported Infibranches to develop a single payment integration solution for the Nigerian SHS sector that helps facilitate payment collection through a network of agents across Nigeria, including banks and mobile money agents across the payment value chain. It helps reduce theft and reduces the cost of cargo goods. They provide specific courses and learning for medical professionals. . Their Partner organizations include MITx, Code.org, The Bits Academy among others. Overwood Capital 18. With lots of small businesses and startups springing up every day, a lot of them are also going under daily too. From delivery drones to electric cargo vans and an app that detects asphyxia in newborns, the Future Throttle event hosted by Rosenics Technologies on Friday, July 31 2021, unveiled innovative solutions by Africans for Africa. Nigeria's sudden bans on cryptocurrency trading and Twitter have already put some startups on alert this year, but a bill to reform the . NIPC Webmail, High Level Commitment to Improving Business Environment, Compendium of Investment Incentives in Nigeria. Nigerian Startup Provides App-Based B2B Marketplace in Africa. They have a list of esteemed clients like Unilever, Flutterwave, Techpoint.ng, and more. CEO: Faridah Kabir Total Funding: $70,000 Founding Year: 2016 Category: E-learning Address: Abuja, Federal Capital Territory, Nigeria Contact: +234 803 847 1835 Email Id: info@otrac.ng. Nigerian startup Flutterwave secures $170 million in capital injections from investors, now valued at over $1 billion. Definely not only speeds up the review and drafting process but importantly it allows a lawyer to be more accurate with their output because they never have to leave where they are and lose context when working on a document,” he said. Nigeria's Fruit processing startup, ReelFruit, secures US$3mn Series A funding to scale its operations Daily Digest Thursday, 23 September 2021 Nigeria's fintech startup, Infibranches Technologies, lands US$2mn funding to improve energy distribution Contact: +234 809 222 2109 Email Id: info@riby.me. Rise Vest allows users to invest in US real estate, Eurobonds, sticks, and venture capital. Since mid-2020, a flurry of regulatory activity has put the Nigerian tech ecosystem on the defensive, forcing many startups to grow silently with . In Pursuit - Journeys in African Entrepreneurship chronicles the journeys of two friends whose experiences in America shaped their approach to starting their own businesses in Nigeria. To secure payments, this Nigerian Tech Startup was built with Bank-Grade securities and works with a PCIDSS compliant technology. Since its inception in 2011, M-Kopa has evolved . 1. In early 2018, this tech startup launched Hotel. They’re the best for people who want to form a habit of saving and will get a certain percentage of interest in return. Found insideThis book uses survey data to create a nuanced understanding of the constraints and opportunities facing rural youth in Africa. The Toronto-headquartered shared mobility startup, which recently raised $1.2m seed funding and acquired Ghaninian mobility startup Stabus, announced the name change is . The company will join nine other startups in the accelerator's class of 2021. Eden has made taking care of your home and finishes daily chores easy! The startup was also one of 6 Nigerian-led startups selected for the inaugural Google for Startups £2m fund for Black Founders in Europe. Found insideThe economic value of startups has doubled since 1992 and is projected to double again in the next fifteen years. For decades, the hot center of this phenomenon has been Silicon Valley. This is changing fast. You can customize them as per your preferences and needs. They’ve already garnered 1,000+ users and are growing further to become one of the top startups in Nigeria, Founder: Felix Imafidon and Founding Year: Beta launch 2019 Category: FinTech Address: Designed and Developed by reQuid Technologies Ltd. in Lagos, Nigeria Contact: +234 1 453 7990 Email Id: support@reQuid.com. Contact: 0700 933 933 933 Email Id: contact@piggyvest.com, reQuid is an interesting startup in Nigeria that allows you to invest in agro. Vinsighte is one of the startups from Nigeria in the Facebook Accelerator 2019 cohort. Founder: Eleanya Eke Urum Total Funding: $62,000 (₦22.5 million) Founding Year: 2018 Category: Fintech, investment, WealthTech Address: Jacob Mews Estate, Adebisi Street, Yaba, Lagos. Wemove has made a huge in transportation in Nigeria by offering their Service. 1. uLesson. +More than 15 startups received one form of funding or the other. GetEquity, a private marketplace for investors and companies to trade digital securities and assets, said Monday it has raised a six-figure sum (under $1 million) led by GreenHouse Capital in its pre-seed round. The startup said it has an intuitive software that optimises the contract drafting and reviewing process for lawyers, thus enabling them to easily access and edit key information with a single click from wherever they are in their document. Startup money is moving online, and this guide shows you how it works. The Art of Startup Fundraising takes a fresh look at raising money for startups, with a focus on the changing face of startup finance. They cover WAEC, JAMB, NECO, and GCE syllabuses. 6:52 am Why Do Startups Fail In Nigeria? With a focus on dollar-denominated asset investments Rise vest gives you all the services for people in Nigeria. Paystack 20. They also have options to gift stocks to your loved ones. From the get-go, attention has skewed to financial technology companies. This is particularly useful to Nigerian startups seeking an expansion into other African countries and those seeking to take advantage of the African Continental Free Trade Area. Konga was acquired by Zinox Technologies. The main focus of Paystack at this point is payment processing. The Nigerian Tech startup help users form the habit of saving by automating their investments and in return give them 10%-15% interest each year. Founder: Ezra Olubi, Shola Akinlade Total Funding: $11.7 million Founding Year: 2015 Category: FinTech Address: 126 Joel Ogunnaike St, Ikeja GRA, Lagos, Nigeria. The company was established in 2015 to solve inefficiencies in Nigeria's . Hotels.ng is an online travel booking agency in Nigeria, specializing in offering hotel bookings. From delivery drones to electric cargo vans and an app that detects asphyxia in newborns, the Future Throttle event hosted by Rosenics Technologies on Friday, July 31 2021, unveiled innovative solutions by Africans for Africa. Gradely is another top tech startup company established in 2019. Found insideThis book, the first of its kind, is providing a comprehensive and invaluable source of information aimed at corporates, regulators, compliance professionals, start-ups and policy makers. In Beneath the Tamarind Tree, Isha Sesay tells this story as no one else can. Originally from Sierra Leone, Sesay led CNN’s Africa reporting for more than a decade, and she was on the front lines when this story broke. The aim is to help you manage your HR processes independently. Abuja, Nigeria. Since its launch in 2015, it has signed up over 1000 churches and established its presence in Ghana, Nigeria, South Africa, and Kenya. Nigeria has a population of 208.8 million people and a rapidly growing economy of Africa, Nigeria has become a key country for startups who are engaging massive funds to capture the overall market.Nigeria has developed itself as a battleground for the upcoming companies aiming at growth and establishing themselves for the future tech leader in the long run in startups in Nigeria. Their services include domain names (.ng), website security certificates, virtual servers, and shared hosting among many others. Farmcrowdy is a top and one of the best agricultural tech startups in Nigeria. Since mid-2020, a flurry of regulatory activity has put the Nigerian tech ecosystem on the defensive, forcing many startups to grow silently with minimal media attention and spooking investors both at home and abroad. Hotels 11. This automotive technology startup recently raised $3.4 million led by TLcom Capital and 4DX Ventures. Under technology, there are lots of startups in different sectors of the economy such as fintech, renewable energy, mobility, logistics, edtech, and other fields. UK To Support Nigerian Startup To Assemble Electric Vehicles "The company is also doing a great job of providing two, three, and four-wheel vehicles for commercial drivers and health insurance.". Mines.io (now called Migo) is a startup that allows customers to get loans, withdraw money and get credits based on their credit score. August 2, 2021 10:17 AM Dozens of startups have stepped up in Nigeria in recent quarters to improve the banking experience for millions of users and businesses across the country. According to the startup, technology use will be a major criterion for organisations looking to hire law firms. Top startups in Nigeria. Human Capital, Unlocking Access to Capital Bill project explained other businesses scale this amount also earns almost double interest! 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