Rise.ng, a Nigerian startup, has acquired USD150,000 in pre-seed funding ahead of its launch in the country.
Olawunmi Oyedeji founded Risé.ng in 2019. The startup’s goal is to improve service delivery by focusing on low-income earners, particularly artisans and sellers who lack access to digital/online knowledge. It generally provides its platform’s artisans/vendors with a dashboard that allows them to advertise and promote their services or products using a secure finance layout that makes payment simple and secure, while the user works with an authenticated vendor/artisan who is insured in the event of unforeseen circumstances.
Risé targets small business owners and suppliers, particularly those that have little or no social media presence. Risé was inspired by ‘Try My Job,’ a reality TV show in which celebrities swap jobs with their fans for a day, providing a platform for small enterprises to exhibit their goods and services. Risé uses this to provide the best selection of artists and suppliers for anyone’s daily needs.
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Risé will use the funds to increase its user base and launch in Nigeria.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard. You can book a session and speak with him using the link: https://insightsbyexperts.com/view_expert/charles-rapulu-udoh