In 2016, three 20-something-year-olds asked Nigerians to trust an online platform with their savings. A decade later, their company has paid out more than ₦3 trillion ($2.3 billion) to its users.
Ten years is a long time in any ecosystem. In Africa’s tech ecosystem, it has brought funding booms, painful busts, regulatory shifts, pivots, exits, and plenty of companies that did not make it this far.
Class of 2016, a new TechCabal series, looks at the startups from that era that survived the decade, and the people who backed them when few others did. Starting next week, follow the stories as they roll out ahead of Moonshot in October.
In other news, we’re also looking to hear thoughts from people who found something at the last Moonshot conference that changed their journey. Maybe you met a co-founder, investor, partner, or future employer. If Moonshot played a part in your story, tell us about it.
Originally published by TechCabal.