">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Tuesday, January 19, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Startups

In Conversation With Fisayo Oludare, Founder, Advancio Interactive

Adeniyi Ogunfowoke by Adeniyi Ogunfowoke
3 years ago
in Startups
5 min read
0

Bootstrapping to start an enterprise is very difficult. Regardless, Fisayo Oludare, the founder of Advancio Interactive was able to beat the odds and successfully set up his startup by bootstrapping. How was Oludare able to achieve this? He reveals this secret and more in this interview.

Can we meet you?

My name is Fisayo Oludare, I am the founder of Advancio Interactive.

Can you tell us about Advancio Interactive?

Advancio Interactive is a technology-driven ideas and Innovations Company founded in Nigeria, to develop cutting-edge technologies that would support Africa’s economic rise. We have developed powerful software technologies for Commercial Banks, Government and other private institutions within Nigeria. One of our products (Covr Branchless) currently powers some Commercial Bank’s agency/branchless banking operations and other finance companies in different capacities. We pride ourselves on having a lot of experience and market intelligence in servicing the formal & informal sector operations.

What was the motivation for establishing your startup?

We have always been passionate about helping Africa solve some of her problems and we identified the major one as financial access. So we decided to setup up a technology company that will combine technology to provide financial access to more Africans

Related posts

This VC firm is Calling for Changes to Cut-and-paste VC Strategy In Africa

January 18, 2021
0

Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband service

January 18, 2021
0

Copia Kenya hosts MIT Global Entrepreneurship Lab project 

January 18, 2021
0

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021
0

Advancio Interactive was recently named the winner of startup Istanbul. Can you share your experience with us? 

READ  21-Year Olds Launch Delisasa.com | New Online Discovery Service

The feeling is not describable as we haven’t even been an incorporated company for up to 1 year. We are just very happy to have represented Nigeria amongst the 21,000 applicants and chosen 100 from 65 countries.

How will you describe the business so far? And how has the reception being like?

The business has been good because even though we are a startup, we have been able to get the attention of some of the big name players in our industry and get a number of high profile clients to work with us.

How were you able to source for funds to run your business?

We haven’t sourced for funds to run the business, this has solely been a bootstrapped business in which the founders have brought everything the business needed.

What are the challenges you encountered in setting up your business?

To be honest, we haven’t encountered any challenges setting up a business, the major reason is that we are a technology company and we don’t need a lot of resources to start

A word for intending young Nigerian entrepreneurs?

If you want to start a business, take 6 months to read about other businesses, read about running a business then create your prototype, test it, validate it before launching your business. Some ideas maybe are good but they might not be solving a big enough problem that will make people pay for it.

Readers 4,216

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: Advancio InteractiveFisayo Oludare
Adeniyi Ogunfowoke

Adeniyi Ogunfowoke

All things Tech and startup.

Related Posts

Startups

This VC firm is Calling for Changes to Cut-and-paste VC Strategy In Africa

January 18, 2021
0
Startups

Tizeti rolls out high-speed 4G LTE in Edo with N4000/month broadband service

January 18, 2021
0
Startups

Copia Kenya hosts MIT Global Entrepreneurship Lab project 

January 18, 2021
0
Entrepreneurship

Adam Molai’s JUA Kickstarter Fund Doubles to $2M to Kickstart African Entrepreneurship

January 15, 2021
0
Startups

Nigeria’s TeamApt pivots to serve consumers, eyes expansion into West & North Africa

January 14, 2021
0
Business

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0
work from home kenya
Startups

OZÉ Raises $700k To Digitize African MSMEs & Offer Them Affordable Capital

January 14, 2021
0
Startups

France’s OTT platform Molotov expands into 7 African countries

January 14, 2021
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

CAF and StarTimes in a joint venture to broadcast Total CHAN, Cameroon 2020 in Sub-Saharan Africa

January 19, 2021
LIKEE

6 Alternative Apps To TikTok That Might Even Be Better

January 19, 2021

How to move all of your WhatsApp groups and get started with Signal

January 18, 2021

How to Apply Online Single Business Permit.

January 18, 2021

What to do to check whether the signal is down

January 18, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: