So far off and so much help needed (in one of the hardest spaces to crack), but the proprietor doesn’t rub off right; Verbose, defensive, confident-ish… Not exactly a bad thing, until you start claiming IP and superior research.
I’ll help with this though: Stop saying ‘vow of credit’ and ‘financial credit’, and calling yourself things like ‘the internet bank’. Also, if this is your first venture, stop everything, or let someone else take the lead if you’re a product guy.
Is this idea/product still alive?
It looks interesting. Once you get past the incredibly long paragraphs, the term “Internet Bank” and a website that looks like a hackers forum, the value proposition seems solid. Narrative UX is much needed though. And the website needs a better UI. Junk the green landing page and use actual people (who are preferably smiling) as opposed to silhouettes. Or don’t use people at all.
Susu.ng looks like a better product though. @somtoifezue what challenges are you having with financial regulations? Perhaps I can help.
Thanks a lot @philiprohv. We don’t have CBN regulation problems, we’ve sorted that out already. I’m still very much open for discussions 
Thanks Guys i have almost forgot this thread exist, with the pace i have been moving this past few weeks, have been so busy with offline business
We have been having a minimum of 1000-3000 visits daily with zero% promotion even on social media, but sadly only 436 emails, and it was deliberately done top be native, but the reason why i am so excited is that and am aware that some dudes have been waiting for us to launch so they copy, lol, i kid…
On April 29 we got an Invitation to attend an Incubator in San Francisco from July 12 - september 30th, to develop our business model, that is the American system for you they encourage the dream to reality, they dont talk, mock or envy, they give you a chance to prove yourself.
Because i have dont have all the funds to pay for me and my team yet that is why i cannot state the incubator yet.
I am looking for how to get in touch with @iaboyeji because a 3 months incubator in San Francisco with investors tops 1000 signups and i could easily beat that 1000 signups if we promote on social media but i decided to focus on raising funds to attend the incubator, so
So guys if you have attended an incubator in the US, how where you able to raise Finance? please send me your email lets talk and also an intro to sell equity to someone who can join our team as an investor is urgently needed.
Thanks
Chief so you believe in investors and incubator who won’t fund you to come to San Francisco over customers and real traction with your business?
My offer still stands. I’m not dazzled by incubators and investors. They have their uses. What I care about is how many Nigerians will use this product.
K.
Ermm, bros since everyone is making offers. Lemme kukuma chirp in… Since you are offering to
We wouldn’t want to loose a chance to buy into a potential unicorn would we?
2,000 users and I’m game.
I think I’ve got some lazy dollars lying around…
Anyone else interested in joining the bid?
Oga, people have incubated (even with Y Combinator - the most prestigious of them all) and not raised a dime. Incubation teaches you certain often overlooked strategies and puts you in front of investors. Real users and traction gets investors to put money in you.
I’ll bite.
The vanity metrics won’t put food on the table. The numbers mean very little without engagement qualifiers such as the bounce and conversion rates.
The site as it currently stands looks like an ugly baby. Everyone knows it but politeness prevails. Unlike an ugly baby, the visual problem can be fixed easily but what’s more worrying is that this looks like a non-solution looking for a non-problem.
I’ll give the owner(s) USD1000 for free if they can sign up 1000 real users before May 31.
Just saw this at the top. Good. It looks like we are already on the same page.
So you’ve been having traffic somewhere between Techcabal and Techsuplex with zero promotion?
I guess we’ll have to wait till similarweb picks you up before we can confirm (But I guess you’d be happy to share your GA Stats with interested investors here).
As for them emails, I hope you used a 3rd party with double opt-in. I have some tens of thousands of Nigerian emails on some CSV. Just saying investors would want to be certain they’re real.
I’d love to know how you got your magical traffic. Show us the way 
.
PS: Your call-to-action buttons are not working
I’ll match your 1,000USD if they hit that target.
Abeg, I can make use of your lazy dollars. I want to import rolling papers, demand is high and I have my distribution on lock
Young man, you’ve been offered some good cash here, I hope you can reach the goals and harass these people for the money.
I dey your back
Funny.
It seems like people are making vows for your project already. To put it lightly.
Best of luck though
Baba hepp me na…i hv idea i can growth hack give me seed money
So one thing i have come to learn about building products, I only build products that addresses a painful need that i have have, because if i feel a friction that is painful that means others are also feeling it, i dont build products that someone else has build or copy a concept no matter the cool factor involved.
But having an Incubator in San Francisco the leading technology hub in the world, giving me an invite to create and expand my product for a worldwide audience i dont think its something to take for granted.
We have got up to 13,000 members all over the world, in nigeria only just 436 emails but our biggest visits are from the united states, India, Zimbabwe, Sierra Leone, this is despite the fact that our subscriber emails have not been upgraded, website was left untouched since one month.
Getting an intro to a bank was quite easy, they need our technology more than we need their services, because they way we are set up there is so much ready made infrastructure to bypass all cbn regulations. As for payment systems the CEO of wepay.com, was the one that wrote us requesting setting up their system to automate our payment, that is why Americans always win, there is no sentiment in their decision, they see a product that fits into their product and they want to plugin. see our visits over the last one month, is that traction real enough?.
And one Last bit, Andela in which you are a director is operating an inverted incubator model, you guys build and manage products for existing technology companies, Incubators as they exist today build technology products from mind to market, so your not being dazzled by incubators is expected because you already do that, but am sure if @moneyme was invited to an Incubator you will definately encourage them to take that offer…
If you create a product that provides solution for real need not just wants, and then you have the experience of an incubator with a great network in the US, including some social skills there is no way you won’t receive some form of seed capital, they overlook sentiment, its only in Nigeria i see investors focus too much sentiment because of everybody chasing little money…
I said that as someone who is a YC founder, and has been privy to unpublished stories of numerous SV entrepreneurs. In reality, investors are human too, and are probably as bad as the rest of us in judging what the market wants. Your want/need comparison is absurd because Snapchat wouldn’t be getting funding if that was the holy grail criteria.
Also, if you insist that sentiment is overlooked, then why should the knowledge that you passed through an incubator give you an edge? Like I said earlier, incubation puts you in front of as many investors possible. It is up to you and your figures to prove your business is a viable one with potential.
if they hit 1000, they dont need your help to get an intro to a payment platform and a bank.
Thre is no CBN regulation/or current SEC regulation for p2p in Nigeria…I did the research. The closest thing is needing a Trust to domicile the Funds in the P2P network, according to SEC Rules, you need like 60 m to do that, but you can always use an a Financial Services company like FBN Trustees to provide trust services…
