Did you know that Obafemi Awolowo University has produced some of Nigeria’s most notable tech talents? Startups with OAU alumni founders have been involved in 25% of deals done by Nigerian-educated CEOs. Is OAU a special tech school? No! But we have the highest number of tech start-ups from Obafemi Awolowo University, a federal school in Ife, Osun State, Nigeria. Obafemi Awolowo University (OAU) has proven to be a breeding ground for talented individuals with a passion for startups. From fintech to e-commerce, OAU has produced some of the most exciting and disruptive startups in Nigeria. In this article, we’ll be counting down the top ten OAU startups that are making waves in the Nigerian startup ecosystem. These startups are revolutionizing industries, solving real-world problems, and creating job opportunities for young Nigerians. This article is to list and briefly dive into the top ten highly-rated tech startups started by Oau Alumni in the last millennium, Let’s go
1) Kudi
– Founders: Yinka Adewale and Pelumi Aboluwarin
– Year: 2016
– Description: Kudi is a financial technology company that provides a platform for individuals and businesses to make payments, pay bills, and access other financial services through messaging apps like WhatsApp and Facebook Messenger. It aims to make financial services more accessible and convenient, particularly in regions with limited banking infrastructure.
– Awards: Winner of the 2017 Seedstars Lagos competition
– Relevant information: Kudi has partnered with several banks and financial institutions to expand its services.
2) TeamApt
– Founder: Tosin Eniolorunda
– Year: 2015
– Description: TeamApt is a Nigerian fintech company that focuses on developing financial solutions for businesses, particularly in emerging markets. Their products include digital banking, payment processing, and enterprise management solutions designed to enhance efficiency and improve financial access for businesses and individuals.
– Awards: TeamApt has garnered recognition for its contributions to financial technology in Nigeria and Africa.
– Relevant info: TeamApt has garnered recognition for its contributions to financial technology in Nigeria and Africa.
3) FarmCrowdy
– Founder: Onyeka Akumah
– Year: 2016
– Description: FarmCrowdy is an agritech platform that connects investors with small-scale farmers in Nigeria. Investors can sponsor farm projects, and in return, they receive returns on their investment from the harvest. This model helps farmers access funding for their operations while providing investors with opportunities to participate in agriculture and earn profits.
– Awards: Winner of the 2017 TechCrunch Startup Battlefield Africa
– Relevant info: FarmCrowdy has partnered with several organizations to expand its services and has received funding from several investors.
4) PropertyPro
– Founder: Fikayo Ogundipe
– Year: 2013
– Description: PropertyPro is a real estate marketplace that connects property buyers, sellers, renters, and agents in Nigeria. The platform provides listings of residential and commercial properties, along with tools and resources to facilitate transactions. PropertyPro aims to simplify the process of property searches and transactions in the Nigerian real estate market.
– Awards: Winner of the 2015 Nigerian Property Awards
– Relevant info: PropertyPro has partnered with several real estate companies to expand its services.
5) Flux
– Founders: Ben Eluan, Osezele Orukpe, Akintunde Israel, and Ayomide Lasaki
– Year: 2018
– Description: Flux is a technology company that focuses on developing solutions for data analytics and business intelligence. Their products help businesses analyze and interpret data to make informed decisions, optimize operations, and drive growth. Flux serves clients across various industries, including finance, healthcare, and e-commerce.
– Awards: Winner of the 2019 Lagos Fintech Week Hackathon
– Relevant info: Flux has partnered with several banks and financial institutions to expand its services.
6) Electronic Settlements Limited (parent company of PayPal and CashEnvoy)
– Founder: Olaoluwa Awojoodu
– Year: 2005
– Description: Electronic Settlements Limited (ESL) is a financial services company that provides electronic payment solutions to businesses and individuals. ESL operates platforms such as PayPal and CashEnvoy, which facilitate online payments, money transfers, and e-commerce transactions. The company aims to promote financial inclusion and facilitate digital payments in Nigeria and other markets.
7) Jobberman
– Founders: Ayodeji Adewunmi, Opeyemi Awoyemi, and Olalekan Olude
– Year: 2009
– Description: Jobberman is a job recruitment platform that connects employers with job seekers in Nigeria and other African countries. The platform allows employers to post job vacancies and search for qualified candidates, while job seekers can create profiles, search for jobs, and apply online. Jobberman aims to streamline the recruitment process and reduce unemployment in Africa.
– Awards: Jobberman has received numerous awards for its impact on employment and entrepreneurship in Africa, including recognition from international organizations and media outlets.
8) Moniepoint
– Founder: Tosin Eniolorunda
– Year: 2019
– Description: Moniepoint is a financial technology company that provides digital payment solutions and financial services to individuals and businesses. The company operates a network of agents who offer services such as cash withdrawals, deposits, money transfers, bill payments, and mobile top-ups. Moniepoint aims to enhance financial inclusion and promote cashless transactions in Nigeria.
– Awards: Winner of the 2020 Lagos Fintech Week Hackathon.
9) Nomba
– Founder: Yinka Adewale
– Year: 2020
– Description: Nomba is a technology company that develops solutions for digital marketing and advertising. Their products help businesses reach their target audience more effectively through online channels such as social media, search engines, and mobile apps. Nomba offers services such as digital strategy consulting, campaign management, and analytics to help businesses optimize their digital marketing efforts.
– Awards: Winner of the 2020 Seedstars Lagos competition
10) Terragon
– Founders: Elo Umeh, Bode Pedro, and Ayodeji Balogun
– Year: 2011
– Description: Terragon is a digital marketing and technology company that provides solutions for businesses to reach and engage with their customers effectively. Their services include mobile advertising, data analytics, and marketing automation, helping businesses leverage digital channels to drive growth and customer loyalty. Terragon serves clients across various industries, including telecommunications, finance, and consumer goods.
– Awards: Terragon has earned recognition for its innovative digital marketing solutions and its impact on businesses in Nigeria and other African markets, including awards from industry associations and media outlets.
Note: The information provided is subject to further verification. Also, some of the startups may have additional co-founders or team members who are not OAU alumni, but the listed individuals are the OAU alumni involved in the startup.
In conclusion, these are the top ten widely known tech start-ups by OAU alumni students. This shows how great a school OAU is and how the school has impacted the lives of its students and made them creators and not just consumers, Let us know what you think about this list in the comment section.
