Saturday, January 28, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Login
No Result
View All Result
TechBooky Africa
Home Fintech/Finance

Y Combinator And Other Capitalists Offered YEP! $1.5M Pre-seed Deal.

YEP! has plans to develop its first version of its mobile app for the schemed financial inclusion in Africa.

Eni by Eni
March 10, 2022
in Fintech/Finance, Startup
0

 

Related posts

Amazon & Stripe

Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.

January 25, 2023
Kuda Bank

The SBP Issues Kuda Bank FinTech License to Operate In Pakistan.

January 24, 2023

 

Nowadays, the digital asset poses a tangible means to stream steady income as the digital economy trends in this age as financial inclusion for earthlings. In Africa, the West African digital economy is the commercial market with an untapped customer base to promote products sales.

 

The Lagos-based FinTech startup christened YEP! closed its Pre-seed Round with a $1.5m deal. YEP! sets to inject the funds in its executive budget schemed to accelerate its FinTech network and startup development. YEP!’s co-founder, Garry Ottosen, revealed the pre-seed funds will endorse its mobile app development that will be available for flagship OS such as Android OS and iOS.

 

“We want to create a disruptive financial platform that democratizes access to financial services and economic opportunities for both retail and business customers across Africa. Yep! Succeeds only when our customers do,” Ottosen said.

 

YEP! FinTech solutions sell secured remittance, job creation, and financial inclusion for the entire continent. The YEP! FinTech network currently operates in Africa’s money market serving lucrative commercial activities, including, Lagos (headquarters), Togo, Burkina Faso, Cote d’Ivoire, and Niger. Ottosen also said the mobile app will be available in his choice of five-star countries.

“As we strive to deliver on our promise of bringing financial access to all Africans and Connecting Africans to the world, increasing Yep!’s lending capacity will be a key catalyst in pulling more customers and merchants into its ecosystem.” YEP! Cofounder, Olaoluwa Awojoodu, confirmed what Ottosen said about his FinTech solution to serve loans for Africans via the YEP! mobile app

YEP! currently sells its FinTech services to Americans in San Francisco (headquarters)— the digital finance market. The Lagos-based FinTech company tends to serve the unbanked with easy remittance UI on the mobile app. 

Y Combinator led YEP!’s FinTech pre-seed round due to the optimistic potential to serve Africans. The startup FinTech company also got offerings from several capitalists, including, Flutterwave, Helium Health, etc. Still, Y Combinator did not disclose if YEP! will be drafted for YC W22 Accelerator Program.

Total
1
Shares
Share 1
Tweet 0
Pin it 0
Share 0
Tags: fintechpre-seedremittancestartupYC
Previous Post

Sudan’s Bloom To Be Drafted For Y Combinator’s Accelerator Program

Next Post

African Countries Need To Lift The Cryptocurrency Sanctions

Next Post
African Countries Need To Lift The Cryptocurrency Sanctions

African Countries Need To Lift The Cryptocurrency Sanctions

RECOMMENDED NEWS

Nigeria’s OPay Raises $400M And Now Has A $2B Valuation

Nigeria’s OPay Raises $400M And Now Has A $2B Valuation

1 year ago
Sanwo-Olu Debuts Another Ride-Sharing Christened Lagos Ride.

Sanwo-Olu Debuts Another Ride-Sharing Christened Lagos Ride.

11 months ago
E.tv and SABC Appeals to the South African Regulator to Probe Sentech’s DTT Service.

E.tv and SABC Appeals to the South African Regulator to Probe Sentech’s DTT Service.

6 months ago
Stocks And Crypto Learning Platform “30% Club” Arrives In Kenya

Stocks And Crypto Learning Platform “30% Club” Arrives In Kenya

1 year ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa app banking CBDC cbn central bank of nigeria cloud cryptocurrency Crypto market cybersecurity e-commerce e-naira east africa ecommerce economy enterprise fintech funding Fundraising google government inec internet investment kenya License microsoft mtn ncc nigeria Partnership Regulator remittance ride hailing seed social media software south africa startup technology telecom twitter west africa

Featured Categories

App
19 Posts
View Posts
Banking
17 Posts
View Posts
Business
7 Posts
View Posts
Cryptocurrency
27 Posts
View Posts
Cybersecurity
13 Posts
View Posts
East Africa
23 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
31 Posts
View Posts
Event
9 Posts
View Posts
Fintech/Finance
83 Posts
View Posts
Funding
29 Posts
View Posts
Gadget
11 Posts
View Posts
Government
55 Posts
View Posts
Insight
4 Posts
View Posts
Internet
20 Posts
View Posts
Investment
18 Posts
View Posts
Nigerian/African Tech
31 Posts
View Posts
North Africa
2 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
2 Posts
View Posts
Service
8 Posts
View Posts
Social Media
19 Posts
View Posts
Southern Africa
17 Posts
View Posts
Startup
83 Posts
View Posts
Telecom
35 Posts
View Posts
Transport
10 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
41 Posts
View Posts
No Result
View All Result
Loading
  • Amazon & Stripe
    Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
    • January 25, 2023
  • Airtel eSIM
    Airtel Launches eSIM Technology In Nigeria
    • January 25, 2023
  • Mafab Communication Debut 5G Cellular Data In Nigeria.
    • January 24, 2023
  • Spotify
    Tech Retrenchment: Spotify Has Prepared To Cut It Global Workforce This Week.
    • January 24, 2023
  • Kuda Bank
    The SBP Issues Kuda Bank FinTech License to Operate In Pakistan.
    • January 24, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • Stripe & Amazon Iterated Partnership Deal Will Integrate FinTech & Cloud Services For Global Penetration.
  • Airtel Launches eSIM Technology In Nigeria
  • Mafab Communication Debut 5G Cellular Data In Nigeria.

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact Us

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In