Nigerian Digital Bank, OjirehPrime, has closed her pre-seed with a raise of $1,240,000 in new investment from some of the finest investors any startup could ask for. This round was led by former Interswitch Board Chairman Adedotun Sulaiman, with participation from Ex-Heritage Bank Director Mrs. Mary Akpobome, as well as UK-based accelerator CPRES203 and a number of Nigerian-based angel investors.
According to the Founder/CEO Mr. Edoka Idoko, It’s been a long and exciting journey for us at OjirehPrime, bootstrapping every milestone from operating as a prepaid card-focused fintech, organically scaling to 40,000 users of our prepaid card, acquiring a microfinance bank, launching our mobile app, scaling to 450,000 users on and now closing our pre-seed funding.
The journey itself taught me the value of tenacity, as the old adage goes, “where there is a will, there is a way.” This opens us up to a whole new phase as we would be able to attract more talents, drive increased marketing, and better position the brand for scale. OjirehPrime is looking to expand beyond conventional digital banking operations into innovative products that would create new revenue heads.
This opens us up to a whole new phase as we would be able to attract more talents, drive increased marketing, and better position the brand for scale.
