The recent surge in successful exits fueled by the likes of Paycom, Interswitch, Paystack, and Flutterwave show the benefits of investing in startups. Currently, Nigerian startups are some of the most attractive for investors coming to Africa, this is responsible for the big-ticket deals many of them continue to attract.
It takes a lot of knowledge and resources to identify startups with the potential to succeed and startup investing is not one of the courses you learn in university, at least not at the moment. Hence, no lecturer prepares you for life as a startup investor from school. This is mainly the reason for venture capital businesses and angel networks that take investors’ money and deploy them to carefully selected startups.
But one Nigerian startup has built a mobile application that allows people who want to invest in startups to do so simply at the click of a button. The best part is the minimum you need to invest is $100.
Get Equity, founded by Jude Dike and William Okafor in May 2020, is a platform that enables entrepreneurs, investors, and other interested persons to find and invest in early-stage startups, pre-IPO companies, invest in local SMEs, as well as trade digital security assets. The objective is to democratise access to startup funding and unlocking global capital for underfunded and underserved startups in Africa.
Credit: BusinessDay (Frank Eleanya)
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