I’m Averi, and I’m setting up and leading Accion Venture Lab’s Company Builder, which is bringing together extraordinary people to build inclusive consumer-facing fintech startups from scratch in Nigeria.
Long story short, if there almost 100 M adults in Nigeria but only 30 M BVNs, local financial technology companies raised about USD 150 M last year, and yet the number of people without access to financial services increased, we think that there’s a big opportunity and are looking for people that feel the same way.
Accion Venture Lab’s Company Builder will work with the founders to (1) ideate around potential fintech solutions for underbanked consumers in Nigeria, (2) validate potential models in the market, and (3) build a business from the ground up. This initiative will leverage Venture Lab’s global knowledge and expertise in fintech for financial inclusion and provide both financial and non-financial support as the entrepreneurs scale their business.
For us, fintech includes all types of financial services businesses (such as lending, savings, payments, and insurance), as well as those that help to increase access to financial services (such as alternative credit scoring). While we are looking for people with financial services, technical, and product expertise, other relevant experience may include blockchain, data science, game development, FMCG/MNO distribution, and digital security.
You can check out our Medium Post here.
I look forward to your questions about our program, fintech, startups, financial inclusion, Arsenal…