Dojah Joins Y Combinator W22 Cohort
Jan 25, 2022
Enrich Africa
3 minute(s) Read
News featured image

Dojah has become the latest in the rising list of Nigerian startups to be enlisted for the much-vaunted Silicon Valley accelerator — YCombinator.


The Digital Onboarding platform is Led by Tobi Ololade and Ayomide Oso. Based in Lagos, Nigeria, the startup is looking to provide a unified KYC and digital onboarding solution for organisations looking to scale across Africa.


One of the most daunting tasks for many African Startups is scaling and expanding across the continent especially due to the fragmented regulatory and technological landscape.


Getting valid and verifiable identity for financial data often means having to integrate with multiple service providers, which is undoubtedly tasking and time-consuming.


Dojah is tasked with solving these problems by aggregating and standardising digital onboarding processes and KYC APIs across the continent for many organisations. Therefore, the platform provides a single gateway for startups looking to scale across borders.


READ ALSO - Here are The 15 African Startups Participating at YCombinator Accelerator S21


Tobi and Ayomide, co-founders of the startup, had earlier worked at Elta Solutions— a dev shop that serviced software companies. Tobi was also the CTO at data and API infrastructure for agriculture finance firm, Tradebuza. It was during his time at Elta solutions that the team identified the problem that Dojah would go on to solve.


“We were building a product called Expensa—an expense and income-management product for Africans. While building it, we found it difficult to get the data APIs we needed. We had to reach out to stakeholders individually to get the APIs and it made building very slow. We quickly figured this was not a unique problem to us, and we carried out some user research to confirm our hypothesis. That was how Dojah started.” Tobi disclosed.


The startup aims to build a one-stop-shop for onboarding users (individuals and businesses) anywhere on the continent.


READ ALSO - Egyptian EdTech Startup Orcas secures $2.1M


Also, before being enlisted for the YC W22 batch, Dojah had reached a milestone by integrating onboarding and KYC endpoints for 5 African countries —Nigeria, Ghana, Kenya, South Africa, and Uganda. According to the startup, it has also onboarded over 500 businesses and processed over 2 million API calls.


In recent times, getting enlisted for the YC has been regarded to be a launchpad for African startups and, a mark of validation that the startup is indeed worth watching.


The team at Dojah is already experiencing the benefits of having the stamp of approval of the Silicon-valley accelerator.


“Getting into YC has been a tremendous boost for us. It has already been instrumental in helping us ease conversations with critical stakeholders. We are excited for what the future holds for us. Our growth translates to more growth for the African Startups. As we find the means to onboard users across more countries, African startups would have entrance to these countries also.” Ayomide Oso, Product lead and co-founder, said.


Jan 25, 2022
Enrich Africa
3 minute(s) Read
Tags
Dojah
Tobi Ololade
Ayomide Oso
YCombinator
Categories
News

Similar News

May 12, 2024

How Nigerian Artists Garnered ₦25 Billion from Spotify Streams in 2023

Read More
May 19, 2024

Nigeria Set to Open Tech Exchange Hub in San Francisco

Read More
May 19, 2024

OmniRetail Tops Financial Times' Ranking of Africa's Fastest-Growing Companies

Read More

Are you a start-up or an entrepreneur in Africa?

Subscribe to our mailing list

Say Hello!

Contact Us