Good day [name],
At the Lagos Startup Week, 2022, stakeholders, startup teams, and tech enthusiasts from Africa and beyond gathered to explore What's Next. The event was a massive success but there’s been an unanticipated success since we closed the curtains on LSW, 2022. 

What happened post-LSW 22?

Big wins for the ecosystem and our partners nor exhibitors have been spared. Our partners have announced further rounds of Investments - from seed to series to getting backed by Google, and we anticipate more success to come. 
You can say the W in LSW stands for Wins.  

So What’s Next?
According to a McKinsey report shining a light on expected growth trends in African fintech over the next few years. "Africa’s financial-technology company revenue may soar to $30.3bn by 2025 – eight times higher than in 2020 – as a growing, young and under-banked population gets more access to the internet, McKinsey & Co, said." Continue reading
Beyond Fintech, we expect more to happen across many industries like entertainment and the creator economy. 
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Lagos Startup Week.
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  • Y Combinator appoints  Venture Capitalist Garry Tan As Its Next President Read More
  • Flutterwave:  Flutterwave received one of Nigeria’s most coveted payments licenses from its central bank, signaling its status as a valuable player in the financial services sector despite recent challenges with regulators in other countries.
  • Amazon Prime: Amazon Prime Video launches local service in Nigeria | TechCrunch
LSW 22- Partners & Startup Funding Activity
  • Bitmama: Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets | TechCrunch
  • NowNow raises $13 million in seed funding to expand services across Africa Read More
  • Flex Finance & Gamr team joins a community of incredible Black-led startups as one of the 60 recipients of the @GoogleStartups Black Founders Fund! Learn about what it means to #FundBlackFounders and get a glimpse of what’s to come
  • YC-backed Nigerian B2B payment startup Duplo raises $4.3 million in seed round, this comes after its earlier raise of $1.3M pre-seed in February to build a financial OS for B2B companies in Nigeria.
  • Nigeria - Fintech startup, Grey, raises $2M USD seed funding as the company has near-term plans for expanding into new markets
  • Allon And Mobile Power Limited Sign Gbp1million Investment Deal To Expand Deployment Of Pay-Per-Use Battery Sharing Platform In Nigeria Read More
  • TeamApt, another major LSW sponsor, raised $50 million and has become QED Investments' debut investment in Africa. 
  • Anchor - Nigerian YC-backed startup  comes out of stealth with $1M+ to scale its banking-as-a-service platform Read More 
  • Omnibiz, a Nigerian B2B e-commerce company, has recently secured a $15 million pre-series A investment to gain and retain retail customers.  Read More 
  • YouVerify, an LSW sponsor also got an extension of $1 million as funding totalling its total raise to $2.5 million.
  • OUI Capital: Oui Capital, a pan-African early-stage VC firm, hits first close of its $30M second fund | TechCrunch
  • Pastel, a digital bookkeeping startup closes $5.5 million seed round -The funding is to be deployed to expand its product offerings by providing finance management features and tools around group savings, loans and payments for small businesses.
YouVerify recently launched a YV Startup program which accelerates growth for KYC verification.  APPLY HERE

YOUVERIFY  - Partnered Content
Funding Opportunities
  • The @AfricanUnion AU Innovating Education in Africa Call invites innovators to propose new and practical education innovations with the potential for sustainability, scalability and replication on a wide scale. Apply Here
  • Compete for a $100,000 climate tech grand prize. ClimaTech is running a competition for tech brains addressing the most pressing climate challenges on the road to COP27. There will be 10 shortlisted candidates, a special grand prize of $100,000, a top African startup prize of $50,000 and the third prize of $25,000. (Sept. 22)
  • The Ecobank Fintech Challenge 2022 is now open to Africa-focused fintechs addressing specific problems including financial inclusion, credit scoring, and customer experience. One winner will be awarded a grand prize of $50,000. Apply by September 16.
  • Fintechs focusing on financial inclusion in Africa can now apply for the CATAPULT: Inclusion Africa Programme 2022. Ten selected fintechs will participate in a one-week all-expenses-paid bootcamp, and participate in the Arch Summit event. Apply by September 15.
  • The AYuTe Africa Challenge Nigeria 2022 is now open to early and growth-stage agritech businesses in Nigeria. Young Nigerians using technological innovation to address smallholder farmer challenges can apply to get up to $10,000 in prizes. Apply by September 16.
Current Tech Job Opportunities You Might Want to Consider
  • Mono is hiring a Data Scientist & Fullstack Engineer. Apply Here
  • Microsoft: Intern Opportunities for Students in Nigeria: Software Engineering, Start date Summer 2023 Apply
  • Fincra, Head of Product Apply Here
  • Stears is hiring a Senior Content Manager, Senior Graphic Designer, Associate Manager (Digital Economy. Apply Here
  • Paystack is hiring a Demand Generation Marketer. Apply Here
  • Flutterwave is hiring a Fullstack Engineer. Apply Here:
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