arise_pitch

Loystar has emerged winner of the first Arise pitch competition that happened in Lagos on October 14. This win sees them receive a seed investment of N1 million, with the percentage equity to be agreed upon at a future date.

Earlier this month, investment group, Arise announced its first pitch competition for fintech startups who are looking for early stage investment. Six startups were selected for the final pitch where they were given 5 minutes each to convince the panel of judges.

Winning startup, Loystar is an app that helps businesses build a simple, and easy way to reward their loyal customers. They already have a considerable customer base with brands that cut across various sectors like food, hair and beauty, fashion and e-commerce.

The five other startups that made the Arise pitch shortlist and competed against Loystar at the finals are: AwoofBox, myphotographr, PayConnect, Bolt Financial Solutions, and Househelp.ng.

 

Source: Disrupt Africa.

Read this next
More From TC
Business, Government, Policy, Politics
21st August 2019

Stable electricity generation and supply has been a challenge for many African countries for years. In 2014, only 45% of the continent’s 1.2 billion people had access to electricity. When North African countries were excluded, the figure dropped to less than 30%. In 2015, the 48 countries in Sub Saharan Africa produced around 80,000 megawatts […]


TechCabal is a Big Cabal Media brand



Copyright © 2019
All rights reserved

Privacy & Terms