OjirehPrime, a Nigerian digital bank, has closed her pre-seed round with a $1,240,000 investment from some of the best investors any startup could hope for.
Former Interswitch Board Chairman Adedotun Sulaiman led this round, including Ex-Heritage Bank Director Mrs Mary Akpobome, UK-based accelerator CPRES203, and several angel investors from Nigeria.
According to the company’s founder and CEO, Mr Edoka Idoko, it’s been a long and exciting journey for OjirehPrime. We started as a prepaid card-focused fintech, grew to 40,000 users of our prepaid card on our own, bought a microfinance bank, made a mobile app, grew to 450,000 users, and are now closing our pre-seed funding.
As the old saying goes, “where there is a will, there is a way.” This trip taught me how important it is to be persistent. This puts us in a new phase where we can get more talent, do more marketing, and set up the brand better for growth.
OjirehPrime wants to move beyond traditional online banking and offer new, innovative products that will bring in more money.
This puts us in a new phase where we can get more talented people, do more marketing, and better position the brand for growth.