DLM Capital Group Announces Winner For its 2021 Pegasus Fintech Challenge

Proshare

Saturday, July 31, 2021 / 1:00 PM / Content/ Image: DLM Capital Group


Leading Developmental Investment institution, DLM Capital Group through its digital banking subsidiary "SOFRI" has announced EazyChange as the winner of the first edition of its Fintech pitch competition tagged- Pegasus Fintech Challenge. The front runner EazyChange who emerged winner is a fintech startup with focus on creating easy cash payments for transportation in Nigeria. OgaPOS emerged as the first runner up, EsusuAfrica as second runner up and Friendsvow as the third runner up.

 

The pitch event which was held on Wednesday 28th of July 2021 at the DLM Capital Group headquarters in Ikoyi  saw the finalists present their pitches to the panel of judges which consisted of the Group CEO, DLM Capital Group, Sonnie Ayere; Managing Director of Links Microfinance Bank, Funsho Idowu; Chief Executive Officer of Cowrywise, Razaq Ahmed; Chief Operating Officer of TeamApt, Tobi Amira; Team lead Design and Innovation Lab at Africa Fintech Foundry (AFF), Omolola Tunde-Alade; and Senior M&A Executive at Interswitch Group, Victor Sada who represented the Group's CEO, Mitchell Elegbe.

 

TeamApt's COO, Tobi Amira expressed his satisfaction with DLM Capital for organizing the challenge.  "It was a delight to sit as a member of the judging panel for the 2021 Pegasus Fintech challenge. The program aligns with our objective as an organization to encourage innovation and creativity in the Nigerian fintech landscape. It was particularly exciting to see and listen to young Nigerian founders who have come together to build solutions aimed at improving the lives of individuals and businesses in Nigeria for the better. I must also commend the organizers of this pitch for making an effort to promote and encourage innovation through funding and support. It's our hope that the winners would put the funds to good use and bring all their fantastic ideas to reality".

 

Proshare Nigeria Pvt. Ltd.


The Managing Director of Links Microfinance Bank, Funsho Idowu commented in his closing remarks that the 'Pegasus Fintech Challenge was a huge success, and we are happy to provide this support to fintech startups in Nigeria as a way of enabling growth in the industry. We look forward to hosting subsequent editions with strategic partnerships from other players in Nigeria's financial sector'. 

 

The Pegasus Fintech Challenge was executed in partnership with tech accelerator, African Fintech Foundry and is a part of DLM Capital's commitment to accelerate seed funding and investments in the Nigerian fintech space. The Fintech pitch event had 35 submissions where the top 5 finalists emerged for the pitch day event.


About DLM Capital Group: DLM Capital Group is a Developmental Investment institution that provides innovative solutions to economic and social developmental challenges that impact the everyday lives of people. Since its inception, the bank has concentrated on creating markets, products, and long-term financing solutions to key sectors of the Nigerian economy that would benefit end customers to improve their well-being.  The investment bank comprises of subsidiaries in bespoke corporate finance advisory, trustee, asset management, and securities trading arms, to sovereign/sub-sovereign entities as well as private & non-private corporations. The bank thrives on funding sectors of the Nigerian economy using innovative financing techniques, in particular, securitization and other structured finance techniques.


For more information, visit https://dlm.group/


Kindly share and stay connected with us on our platforms HERE

You can also subscribe to our NEWSLETTER 


Proshare Nigeria Pvt. Ltd.


Related News - DLM Capital Group

1.       DLM Capital Retains Position as Best Structured Finance and Securitization Team in West Africa

2.      DLM Capital Group Unveils 5,000,000 Units Of Fixed Income Fund

3.      DLM Capital Group Acquires Links MFB, To Launch Sofri Fintech Lending Service in Q2, 2021

4.      DLM Emphasizes the Importance of Securitization to Investing in Africa


Proshare Nigeria Pvt. Ltd.


Related News - Fintech

1.       Ecobank Remains Payment Gateway in Africa" - Akinwuntan

2.      Synopsis of the New CBN Regulatory Regime for Payment Services Banks

3.      Insights from Happenings in the Fintech Landscape - 230721

4.      Convergence Partners' Latest Fund to Drive Digital Inclusion in Africa

5.      Tradepass to host 7th Edition of World Financial Innovation Series

6.      Chaka to Power Digital Investments for African Businesses, Secures $1.5M in Pre-Seed Funding

7.      Nigeria Fintech Week (NFW) announces 2021 Theme: "Sustainability and Ecosystem Building"

8.     FintechNGR Partners with Singapore FinTech Festival ahead of the World FinTech Festival

9.      Highlights from the 2nd Edition of FintechNGR's Intercontinental Webinar

10.  Innovation, Partnership and Co-Creation Key to Driving Digital Payment Growth in Sub-Saharan Africa

11.   Partnership between Banks and Fintech is Critical to Accelerate the Digital Banking Transformation


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP