Nigerian Fintech


(Danny) #1

(Louis Otto) #2

Is it bad that my first thought was “They raised $1.1m from those scam emails!”?


(Danny) #3

Is it bad that he had to state this

As for how the company assures savers it won’t become another Ponzi scheme, Piggybank.ng and its lead investor point to the startup’s pending banking license with Nigeria’s Central Bank.


(Christopher) #4

Really awesome post @Danny

There’s huge opportunity to transform economies, and in turn people’s lives in sub Saharan Africa by providing access to trustworthy and reliable financial services.

I think Nigeria has the fastest growing middle class on the continent, and one of the fastest growing economies, so it’s a great market to provide a solid product to leverage the burgeoning aspiration.