Leading migration fintech company, Vesti has expanded its physical locations to include a new Lagos office. The office is a significant milestone for the company as it strengthens its global presence as a migration powerhouse. It also provides a physical location for the company’s engineers and staff to convene and collaborate as they create ground-breaking solutions to simplify global migration.
The launch event, which took place on October 3rd, 2024, featured a panel moderated by Salma Ibra, founder of Business Week Afrika speaking to Vesti’s two co-founders, Olusola Amusan (CEO) and Abimbola Amusan (COO). They spoke on Vesti’s journey so far, their vision for the company’s future, and the significance of the new office.
The idea for Vesti was conceptualised on a casual phone call between two brothers. After moving to America, Abimbola and Olusola Amusan discovered that there are a lot of issues immigrants face that make the process of migration cumbersome and impossible for some. There are about 281 million international migrants and among the 7+ billion people globally, one out of every 30 people is a migrant. The two most common problems immigrants face are financial and legal challenges. Vesti was created to simplify the legal and financial processes of immigration and empower individuals to access global opportunities.
While many multinational companies are exiting Africa, Vesti has found immense success on the continent and is staking its roots deeper. With a dedicated team of lawyers and engineers and the backing of African and US-based investors, the company is becoming a leading force in migration with offices in Dallas, Ghana. Zambia, the UK, and now a Lagos office. Speaking on this expansion, CEO Olusola Amusan said, “As our vision continues to enlarge we’re thinking about all the other problems that immigrants face and we’ll continue to solve them. Expansion for us is both vertical and horizontal; we’re expanding our ideas and going deeper with solutions and also expanding our reach by going more global.”
Also speaking at the panel, COO Abimbola Amusan said Vesti’s goal is to become the go-to financial and legal services platform for the next one billion immigrants globally. The new office is an engineering site for top developers to work from and push products and solutions that expand Vesti’s vision. Described as a “software engineering location of choice” with this new office, Vesti also plans to create over 600 engineering jobs in Lagos over the next two years and 1,500 new engineering jobs in the state by 2027.
Also in attendance at the event was an early investor in Vesti, Major (Rtd.) Adebayo Adeleke who commended the co-founders for the company’s growth and Vesti’s role in fostering innovation and job creation. He commented on Vesti’s positive economic impact as its operations bring in Foreign Direct Investment (FDI). He also hinted at a possible IPO in the future which was well received by attendees and investors present.
The event culminated in a ribbon-cutting ceremony by Dr. Olakunle Soriyan to unveil the new facility. Dubbing it the “centre of excellence in software engineering and financial technology,” he praised Vesti for contributing to talent mobility in and out of Nigeria. He also applauded the company’s contribution to innovation and the thriving African tech ecosystem.
After the official opening of the facility, guests were treated to a tour. The facility includes private offices, meeting rooms named after global cities, collaborative workspaces, a lounge area, a cafeteria, a swimming pool, and a gym. In the future, Vesti plans to launch an engineering campus in Nigeria and create pop-up offices where individuals can access immigration services on the go.
The event ended with an exclusive investor meeting. This intimate gathering provided investors with an opportunity to gain deeper insights into Vesti’s future plans, engage in focused discussions with the leadership team, and network with other key stakeholders. Other attendees at the event included Ayo Daniels, Sinari Daranijo, Olawale Ayilara, Fola David, Seyi Awolowo, Joel Ogunsola, Venita Akpofure, and strategic investors including Midlothian Angel Network, Microtraction, ODBA, Resilience17, and others.
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