Social Lender, a Nigerian digital loan startup, has won 5 million at the IE University’s Digital Solutions Venture Day in Lagos.
Social Lender also won a trip to Spain to participate in a week-long IE startup Bootcamp and the South Summit startup conference, $15,000 promotional credits valuable on Amazon Web Services and 50% scholarship for any IE University’s High Impact Online Program (HiOP) of their choice.
Tomorrow 20th Sept. all roads lead to #IEVentureDayLagos. Join @IE_WestAfrica, thought leaders, startup founders, entrepreneurs, tech enthusiasts & more at the first ever IE Venture Day event in Lagos.
Venue: Zone Tech Park, Plot 9 Gbagada Industrial Scheme, Beside UPS, Gbagada pic.twitter.com/HPuU002gaL
— GLG Communications (@GLGcomms) September 19, 2019
The Social Lender team competed against fellow finalists:
InventOne which is a combination of software and hardware that help users and tech enthusiasts to create things without any coding and with little or no expertise.
E.Farms – an agri-financing and training platform dedicated to providing digital solutions to farmers.
Monify – a platform that provides financial advisory services.
Get It Done – An app that encourages users to get things done on time, discouraging procrastination.
The jury team consisted of Associate Director of IE Business School; Hans Kristofer Munthe-kass, Founder of TrainQuarters Stephanie Obi, Social Impact and ESG Manager at Alithea Capital; Temilade Denton and; the Deputy Managing Director of Afrinvest; Victor Ndukauba.
Congratulations to Social Lender👏🏽winners of #IEVentureDayLagos🏆! They get an all expense paid trip to pitch in 🇪🇸Spain, prize money of 5⃣ million naira and $10,000 promotional credit from @awscloud! Great job to all who pitched! #AfricaAtIE #IEtookmehere @IEuniversity @IEAlumni https://t.co/o3Bomh47op
— IE MEA (@IE_MEA) September 20, 2019
IE University holds several venture day events in cities around the world such as Madrid, Shanghai, Tokyo, Miami, Bogota, London, Paris, etc.; and for the first time, hosted a Venture Day event in Africa at the Zone Tech Park Gbagada, Lagos.
On why Lagos was chosen as the city for Africa’s Venture Day, Director of IE West Africa region Onyekachi Eke stated that although innovators in Nigeria face a lot of challenges, they’ve been able to rise to meet these challenges and create solutions that are very creative.
