Ever wondered what kind of investor you are? Just like personalities, every investor has their own unique style when it comes to growing wealth. Are you a thrill-seeking risk-taker or a careful planner? Take this fun quiz to discover your investment personality and find the types of assets that could be perfect for you on GetEquity!
The Risk-Taker: You live for excitement and are always on the lookout for high-growth, high-reward opportunities. GetEquity’s tech startups or private equity investments are right up your alley. Go big or go home!
The Steady Builder: You’re all about the long game. Reliable returns and steady growth make you feel secure. Fixed-income investments and commercial papers offer the stability you need without too many surprises.
The Visionary: You’re in it for the future. While others may be looking at short-term gains, you see the potential in emerging sectors and impactful businesses. Dive into private equity with high-potential startups or industries shaping tomorrow.
Take our quiz, find your style, and start investing in a way that fits you on GetEquity!
The finance world is changing rapidly, and at GetEquity, we’re at the forefront of that innovation. We’re leveraging technology to simplify investing and offer more opportunities to everyday people. Our platform allows you to invest in unique asset classes like tokenized assets and fixed income instruments—all with just a few clicks.
Why This Matters
Traditionally, many of these investment options were limited to wealthy individuals or institutions. Now, through technology, we’re opening doors for more people to participate. Whether it’s trading debt instruments or buying fractional shares in private equity, we’re making it easier than ever to diversify your portfolio and grow your wealth.
At GetEquity, we believe that finance should be inclusive, and we’re constantly working on new tech-driven features to make that a reality. From our easy-to-use platform to real-time trading, we’re blending tech and finance to create a seamless experience for all.
How to Use the GetEquity Exchange to Grow Your Wealth
The GetEquity Exchange is where the magic happens. It’s a dynamic marketplace that allows you to trade a variety of financial instruments, including private equity, commercial papers, debt instruments, and tokenized assets. Whether you’re looking to invest in stable income-generating assets or explore more high-growth opportunities, the exchange offers it all.
Here’s How You Can Use It:
Explore Investment Options: Start by browsing our list of available assets. We provide detailed information on each option, helping you make informed choices.
Trade in Real-Time: Use our exchange to buy and sell assets in real-time. You can actively manage your portfolio by adjusting your holdings based on market conditions.
Diversify Your Portfolio: With such a wide range of asset classes available, you can diversify your investments to minimize risk and maximize growth potential.
By using the GetEquity Exchange, you’re not just investing—you’re actively managing and growing your wealth. Whether it’s long-term private equity or short-term debt capital, the opportunities are endless.
At GetEquity, we’re not just sitting behind computers in some dimly lit room crunching numbers all day (okay, sometimes we are, but there’s more to the story!). Our mission is simple: help YOU succeed as an investor, and we take that very seriously—without taking ourselves too seriously.
So, what’s really going on behind the scenes? Let me paint you a picture.
The Story of ‘Investor Kemi’
Meet Investor Kemi—she’s like most of us: curious about investing but not really sure where to start. One day, while doom-scrolling through social media, she stumbled upon GetEquity. She thought, “Why not? Let’s give it a shot.”
Kemi hopped onto the platform and was amazed to see a buffet of investment options: startup equity, commercial papers, mutual funds, even digital bonds (which Kemi thought sounded fancy, but we broke it down for her in our Beginner’s Guide to using GetEquity)
Now, Kemi wasn’t born a financial guru, and that’s where we come in. Our support team helped Kemi figure out where to start based on her risk tolerance. She quickly realized that investing doesn’t have to be some cryptic puzzle. It can be a fun and rewarding experience—especially when you’ve got a team behind you!
How We Do It
Behind the curtains at GetEquity, there’s a lot happening to make sure Kemi and every other investor—gets the best possible experience. We’re constantly scouting for exciting new deals and refining the platform to keep things smooth, user-friendly, and dare I say, fun.
We also listen (like, really listen) to your feedback. Kemi suggested we add more resources for beginners, so we whipped up a library of bite-sized content. Another investor wanted to be able to view the financials of listed companies before investing. Boom. Done.
The Secret Sauce
What makes GetEquity special is our focus on YOU. Whether you’re an Investor Kemi just starting out or a pro looking for your next big move, we’ve got your back. We make investing easy, transparent, and as exciting as it should be. Plus, our team is always innovating to bring you more ways to grow your wealth and become a savvy investor.
So, the next time you’re browsing GetEquity, remember: we’re working behind the scenes, not just as number crunchers but as your partners on this financial journey.
By the way, Investor Kemi’s portfolio is thriving. She’s diversified, exploring everything from fixed income investments to debt instruments, and she’s even thinking about private equity. Who knows? Maybe you’re the next Investor Kemi.
Interest rates might seem like just numbers on a page, but they have a major impact on your fixed income investments—think of them as the weather forecast for your investment portfolio. When interest rates go up, it’s like a cold front sweeping in. The value of your existing fixed income securities can drop because new bonds come with higher yields, making your older ones less attractive. It’s a bit like having an old umbrella when a new, fancy one is on sale!
On the flip side, when interest rates fall, it’s like a sunny day arriving. Existing bonds with higher rates become more valuable because they offer better returns compared to newly issued ones. This is great news for your portfolio, as it means your investments might gain in value.
Let me tell you a quick story. Meet Sam, who’s been investing in bonds for years. A few years ago, Sam bought a 10-year bond with a 5% interest rate. It was a solid deal at the time, and Sam was happy to receive regular interest payments. But recently, the market took a turn, and interest rates started climbing to 7%. Suddenly, new bonds were offering better returns, and Sam’s 5% bond wasn’t looking so great anymore—its value dropped as investors flocked to the higher-yielding options.
But Sam knew the game. Rather than panic, he decided to hold onto the bond, knowing that interest rates might fall again in the future. A year later, the economy slowed, and interest rates dipped to 4%. Sam’s bond, with its 5% yield, became a hot commodity again! Its value increased, and Sam had the option to sell it at a profit or continue enjoying those reliable interest payments.
The lesson from Sam’s story? Interest rates are like the tides—sometimes they rise, sometimes they fall. By understanding how they impact your fixed income investments, you can navigate the market with confidence, just like Sam did. So, keep an eye on those rates, and make sure you’re ready to ride the waves, whatever the forecast may bring!
For many startups, including ours, getting accepted into Techstars is a significant milestone—a validation of the problem you are solving and the potential of your solution. It is a recognition of the countless hours poured into building something meaningful, signaling to the world that you are on the right track.
Our experience at Techstars was nothing short of amazing. We have grown immensely as a company and as individuals. In this blog post, we are excited to share a glimpse into our journey at Techstars, filled with intense learning, invaluable connections, and pivotal moments.
Pre-Program: Applying for the TechStars Program The journey of a thousand miles begins with a single step—Lao Tzu.
When we started GetEquity, we had a clear vision: democratizing access to venture capital and empowering individuals to invest in promising startups. We spent years building GetEquity and passionately promoting our funding marketplace. We realized the African investment landscape faced broader challenges along the way. We had conversations with visionary founders and investors and recognized the need to pivot our approach from our existing business model to address these broader challenges comprehensively.
This realization motivated us to apply for Techstars. Techstars provides the opportunity to tap into a community of founders, industry leaders, and potential investors—exactly what we needed to expand our offerings and solidify GetEquity’s place in the industry. Before applying, we set four major goals: refine our strategy, enhance our investment readiness, tap into mentor expertise, and scale our vision.
We began the application process in March 2023, filling out the online application and detailing our vision, team, and aspirations. After submitting, we faced the Techstars selection committee six times, providing detailed insights into GetEquity. In October 2023, we received the call we had been anticipating—we were selected as one of the top 12 startups, chosen from 5,000 applications, to participate in the 2023 ARM Labs Lagos Techstars Accelerator Programme.
This news brought immense joy. It marked the beginning of an incredible Techstars journey, one we were determined to maximize to achieve our goals.
During the program: 13 Weeks of Intense Learning and Growth
The only source of knowledge is experience. ~ Albert Einstein Our Techstars journey began on November 13, 2023. For some of us who had been away from academic settings for a while, the initial weeks proved demanding. From Monday to Friday, our schedule was filled with classes, bringing back the nostalgic feeling of having a school routine.
We participated in workshops focusing on product-market fit, fundraising, and business development. The week after, they introduced something called “mentor magic”—a sort of speed dating program but for mentorship with senior operators and industry leaders. The idea behind it was quite interesting, and it gave us the opportunity to get valuable insights and actionable advice from these people. Not only did the advice they gave broaden our perspective, but we also built connections that opened doors to potential partnerships even in our first few weeks.
Juggling Techstars with daily responsibilities at GetEquity was demanding. We had to attend daily sessions while managing the team, keeping internal operations running smoothly, and even exploring new business opportunities. Fortunately, we found a way to balance both. We adjusted the timing of our standups, and to ensure everyone got the most out of the program, we took turns attending sessions based on what was most relevant to each co-founder’s role and immediate needs.
One of our goals was to refine our strategy, which we achieved within those intense weeks. We broadened our scope to encompass a wider range of capital investments, including private equity, credit, bonds, debt, fixed income, debt, real estate, and other opportunities. This strategic move allowed us to cater to a broader range of qualified investors, transforming us from a niche player into a diversified, global business.
After the Program: Beyond Techstars
All good things must come to an end, says Geoffrey Chaucer.
Our 13-week journey ended on February 20, 2024, with the Demo Day showcase. This was our moment to showcase the evolved GetEquity to an audience of investors, business leaders, and potential partners. It was the culmination of intensive learning and growth.
Techstars equipped us with the guidance and resources we needed. Now, it’s time for us to continue the journey on our own, armed with the knowledge we’ve gained and the connections we’ve made.
We’ve started by initiating targeted market expansion, establishing a presence in key regions with high growth potential. This involves not just entering new markets but also adapting our offerings to cater to the specific needs and regulations of each region. Secondly, we capitalized on the connections we made during the program. We partnered with key players in the private investment space, expanding our service offerings and fostering a collaborative ecosystem that would benefit both parties. These strategic moves not only solidified our position in the market but also helped achieve one of the goals we had in mind before applying for the program.
The intense weeks at Techstars changed us, not just in knowledge but in our very approach to GetEquity. We left the program with a refined operational philosophy. This includes the ability to adapt swiftly to evolving market conditions and continuously iterate both our product and overall strategy. Data has also become the cornerstone of our decision-making process, guiding us to measure the impact of every action and refine our operations when needed.
Considering Techstars? We’ve Been There, and Here’s What We Learned
If you have knowledge, let others light their candles in it. Thomas Fuller
If you are reading this blog post and you are considering applying for Techstars, here are some of our key takeaways that you might find helpful. These key takeaways will equip you for a successful application and even an enriching program experience:
Understand Techstars’ program and values, especially “Give First”. Your startup’s and personal values should align with theirs.
Clearly explain your vision and how your product meets a real need. Show real progress with data and documentation.
Build a strong, complementary team. Techstars values cohesive teams. Your founders, co-founders, and key team members must bring complementary skills to the company.
Demonstrate traction—it could be user growth, revenue, or product milestones. Tangible results show your company’s potential.
Once accepted, fully engage in “mentor madness.” Connect with mentors aligned with your goals, ask questions, and absorb their feedback. Stay adaptable, be open to new insights that reshape your perspective, and be ready to pivot strategically based on real-time feedback. Practice diligently, honing your storytelling skills to effectively communicate your company’s vision, value proposition, and potential. A strong pitch is important not only during Techstars but throughout your startup journey.
Conclusion Our time at TechStars was amazing. We’re grateful for the resources and opportunity to learn and work alongside other startup founders. The mentors were real superstars, helping shape our team and vision. We’re energized and ready to take GetEquity to the next level. We are inviting you to join us on this exciting journey.
To learn more about GetEquity, download our app on iOS and Google Play, or visit www.getequity.io. Finally, if you have any questions or concerns, send us a message at support@getequity.io.
In a move to drive efficiency, sustainability, and prosperity in the African commodity trade sector, GetEquity and AFEX have joined forces in a groundbreaking partnership. This partnership promises to reshape the landscape of commodity trading across the continent, offering a comprehensive solution that empowers producers, traders, and exporters alike.
By leveraging the strengths of both platforms, this collaboration is set to unleash a wave of positive change, catalyzing growth and ensuring the fulfillment of trade contracts through the innovative Monthly Trade Note.
A New Dawn for African Commodity Trading
At the heart of this strategic partnership lies AFEX, a pioneering platform that has dedicated itself to enhancing commodity trade within Africa. AFEX’s mission revolves around building robust commodity volumes of the highest quality while simultaneously uplifting local communities’ livelihoods.
Their solutions, starting at the producer level, are designed to boost productivity and create a sustainable ecosystem that benefits everyone involved.
GetEquity, a dynamic platform, that has consistently championed innovation and transparency in financial services. With a shared vision of catalyzing African economic growth, GetEquity is providing AFEX with a technological edge that promises to streamline trade operations and financing.
The Monthly Trade Note: Fueling Prosperity
A standout feature of this partnership is the introduction of the Monthly Trade Note, a fixed-income instrument meticulously designed to provide essential financing to commodity traders, both local and exporters. AFEX Investment Limited stands as the issuer of this groundbreaking investment product. This instrument is more than just financial support; it’s a lifeline that ensures traders can fulfill their contractual obligations without unnecessary hurdles.
Benefits for Opportunistic Traders
Enhanced Trade Confidence
The Monthly Trade Note instills a new level of assurance within the trading community. Traders can confidently engage in contracts, knowing they have a reliable financing solution to back them up, mitigating risks and fostering greater trust among trade partners.
Boosted Efficiency
By leveraging the GetEquity platform, AFEX streamlines the process of accessing the Monthly Trade Note. This efficiency not only accelerates the trade cycle but also enables traders to seize market opportunities swiftly.
Community Empowerment
AFEX’s commitment to improving livelihoods at the producer level dovetails perfectly with GetEquity’s dedication to fostering inclusive growth. As a result, local communities involved in commodity production can experience improved working conditions, increased income, and better overall living standards.
Catalyst for Expansion
The partnership opens doors for traders to expand their operations confidently. With access to the Monthly Trade Note, they can venture into new markets, establish stronger trade networks, and grow their businesses sustainably.
Risk Mitigation
Volatility and uncertainty are inherent to commodity trading. However, with the Monthly Trade Note acting as a financial buffer, traders can better navigate these challenges, reducing the impact of unforeseen circumstances.
Innovation in Financing
The partnership represents a prime example of how technology can transform traditional financing models. This innovation can pave the way for other sectors to explore similarly collaborative approaches.
The partnership between GetEquity and AFEX marks a significant milestone in the African commodity trade landscape. By harnessing the power of technology and financial innovation, the two platforms are propelling the continent towards greater economic prosperity, while ensuring that producers, traders, and exporters have the support they need to thrive.
The Monthly Trade Note stands as a testament to the transformative potential of collaborative efforts, promising a brighter, more sustainable future for African trade.
In today’s ever-evolving financial landscape, savvy investors are always on the lookout for innovative avenues to diversify their portfolios and tap into new growth opportunities. As the conventional investment options continue to face increased scrutiny and volatility, alternative investment types are beginning to gain prominence.
The Rise of Alternative Investments
First, we need to understand the concept of alternative investments. Imagine your investment portfolio as a garden: while stocks and bonds are like the common flowers like your daffodil or tulip, alternative investments are the unique, exotic plants like the anthurium or protea. These alternative avenues encompass a range of assets beyond the conventional stocks and bonds, including debt, fixed income, and equity deals.
Debt
Debt as an alternative investment involves lending funds to entities such as governments, corporations, or individuals in exchange for periodic interest payments and the return of the principal amount upon maturity.
Unlike the unpredictable fluctuations of other ventures, debt investments offer a stable income stream, making them an attractive option for risk-averse investors.
The appeal of debt lies in its ability to provide consistent returns and potential for portfolio diversification. Its performance often behaves independently of equity markets, acting as a hedge against volatility.
Bonds, a prominent example of debt instruments, offer a range of options from low-risk government bonds to potentially higher-yielding corporate bonds.
However, it is important to recognise the associated risks, such as the potential for borrower default or interest rate fluctuations. Thorough research and due diligence are crucial before venturing into the world of debt as an alternative investment.
As investors seek growth in an evolving financial landscape, debt emerges as a reliable and viable option to enrich their investment strategies.
Fixed income
Fixed income has garnered attention for its unique ability to provide a steady stream of income while offering a potential haven from the storms of market volatility.
Fixed income investments, often in the form of bonds, are essentially loans made by investors to governments, corporations, or businesses. In return for their investment, individuals receive regular interest payments, creating a predictable income flow.
This reliability can be particularly enticing for risk-averse investors seeking shelter from the fluctuations inherent in traditional equities.
The appeal of fixed income as an alternative investment extends beyond its stability. It also plays a vital role in diversifying investment portfolios, as its performance tends to move in a different direction from stocks. This inverse correlation can help cushion the impact of market turbulence, potentially enhancing overall portfolio resilience.
However, it is important to note that fixed income investments are not without their considerations. Interest rate changes, credit risks, and inflation can impact returns, requiring investors to conduct due diligence and tailor their fixed income selections to match their risk tolerance and financial objectives.
In an era where stability is prized yet often elusive, fixed income emerges as a dependable source of alternative investments. Its reliable income stream and potential for portfolio diversification make it a compelling option for investors seeking a balanced and resilient approach to wealth accumulation.
Equity Deals
An equity deal involves investing in a company in exchange for ownership shares, granting investors a stake in the company’s future profits and growth. This form of investment can occur through various avenues, such as venture capital, private equity, or even fundraising platforms like GetEquity.
Equity deals are especially prevalent in startups and high-growth companies that may not be publicly traded.
What sets equity deals apart is the potential for higher returns. As these investments are tied directly to a company’s success, a booming enterprise can lead to significant gains. However, this potential reward comes hand-in-hand with increased risk, as the fate of an equity investment is closely linked to the company’s performance.
Investors considering equity deals should conduct thorough due diligence, assessing the company’s financial health, market potential, and management team. Additionally, equity deals typically involve a longer investment horizon, requiring patience as the company evolves.
GetEquity’s Disruptive Approach
GetEquity seeks to bridge the gap between investors and alternative investment opportunities. With an intuitive interface, GetEquity empowers investors to explore and participate in a diverse range of alternative investment types with ease.
This user-friendly platform acts as a gateway, enabling access to debt, fixed income, and equity deals that were once the domain of institutional investors.
The Power of Investment and Asset Managers
But what truly sets GetEquity apart is its partnership with renowned investment and asset managers. These experts bring a wealth of experience and acumen to the table, curating a selection of handpicked investment opportunities.
Picture them as your financial guides, navigating the complex landscape of alternative investments and ensuring that you make informed decisions aligned with your financial goals.
Investing with Confidence
Investing in alternative assets can seem daunting, especially to those unfamiliar with the complexities surrounding debt, fixed income, and equity deals. GetEquity, in conjunction with trusted and verified investment providers, break these barriers by offering educational resources, expert insights, and a transparent view of the investment process.
This empowers investors to approach alternative investments with confidence and make choices that resonate with their risk appetite and aspirations.
The Way Forward
GetEquity shines as a trailblazer in democratising alternative investments. By amalgamating cutting-edge technology, esteemed investment managers, and a commitment to financial literacy, we pave the way for investors to embrace new opportunities and diversify their portfolios.
It’s been a full year of ups and downs and great perseverance across the ecosystem and we cannot wait to show you what we have been building so far.
Like you, at the start of 2022, we made plans and strategy documents hyping the year with resolutions, goals, plans and other festive traditions
We set our minds to push forward counting down our first year into this mission of democratization.
For us 2022 has been a mantra of “ Go big or Go home” and we don’t intend to go home …
We are still on mission.
So without further ado we review some interesting things we did this year.
Our Products
Our Product and Engineering team were hard at work this year ensuring smooth product launches, ever constant tweaks, debugs, and building across our roadmap. From an initial idea to 5 products launched and tweaking constantly, we have been thinking hard on how we can build out solid investment infrastructure products for the venture capital ecosystem. We need you the community to help us get better and stay better delivering valuable products, programmes, and policies.
In 2021 we launched three key products – Crowdraise ( now Public Raise ) , Deal rooms (Private Raise), and Secondary Markets.
We added our APIs, institutional investment tool AND
Since then, we have made some key changes that are better suited to create a better experience for ALL our users.
What better way to start off the education than with our…….drum rolls…..
Investors
As investors, you can invest in startups within our portfolio with as little as $10 using very easy to use and straightforward payment processes integrated on the platform. In addition to already existing integrations, we were able to integrate:
Flutterwave – to enable virtual accounts for international payments(USD, GBP, EURO)
Brass – to enable virtual accounts for local payments(NGN)
Another exciting feature brought to the investor table this year was Insurance.
A lot of factors can pose a threat to investments no matter how carefully managed. At GetEquity we recognize this and so we’ve taken steps to ensure that your investments are protected from unforeseen events. We recently partnered with Curacel to provide keyman insurance coverage for all investments on the GetEquity platform. You can learn more about this here
Founders
In our bid to make founders’ hard work much simpler, we created an all in one dashboard for founders to access 5 key products of GetEquity.
Public Raise(formerly crowdraise)– that allows you to raise funds from our private investor community
Private Raise(formerly community and company dealrooms) – that allows you to invite investors to invest in your company.
ESOPs (Employee Stock option/ Benefit) – Our most interesting feature to date is ESOPs. You can now offer employees stock options on your own terms. Choose the vesting period, cliff, and maturity from one simple and intuitive dashboard. Learn more about this here
API Client – As a product-led company, you want the customers/clients on your platform not to miss out on investing in sweet deals in the form of high-growth startups. Hence, this product allows you to generate more revenue when they invest by making use of our API on your platform to offer them startups raising on GetEquity.
Institutional Investing – As a founder or a company, having the INVEST feature turned-on on your dashboard gives you the opportunity to invest in other high-growth start-ups that are listed on GetEquity which are publicly fundraising companies. Thus, the institutional investing product makes your company a corporate investor.
Institutional Investors
We focused on bringing more institutional investors into our ecosystem. This led us to create the following products:
Institutional Investing: GetEquity provides deal-flow for syndicate groups. As a venture capital firm or angel syndicate, having the INVEST feature turned-on on your dashboard gives you the opportunity to invest in other high-growth start-ups that are listed on GetEquity which are publicly fundraising companies.
Private Dealrooms: This allows syndicates to create multiple deals and perform a capital call from their LP’s. We also provide an infrastructure for Limited partners (LP) management. You can learn more and get started here
Our Growth
As we build, growth they say is inevitable. At the start of the year, the growth team was very intentional about not just improving our traction but playing a vital role in the ecosystem for all parties.
From January 2022 to date, we have grown from over 4000 investors to 11,000+ Investors across board with over $1,000,000 raised using GetEquity.
Some key initiatives we ran during the year are:
Investing Masterclass in partnership with DreamVC – We partnered with DreamVC to provide a free intensive 3hr masterclass in order to further educate both users and non-users of GetEquity to further understand what it means to be an investor.
Ecosystem Talks – Twitter conversations with key members of the tech ecosystem centered around its growth as well as best steps for startups to take during the year.
Pull up and Pitch – Pull up and Pitch is a monthly event created and hosted by GetEquity in its current journey to support startups within the African tech ecosystem.
The aim of the event is to promote brand awareness of startups who are building key solutions to the GetEquity community and network regardless of whether these startups are listed on GetEquity or not.
2 editions of the event were held in partnership with Workstation and Venia Hub in the month of September and October respectively. The winning startup at the first edition went on to win the Startup Pitch Competition at the GetEquity Startup Festival. The winning startup for the second edition also won free office space for 1 month and free virtual office for 1 year from the Venia Team.
Ask A Founder Sessions – We continued our existing tradition of conversations intended to throw more light on startups listed on GetEquity. These conversations were held together with the founders of each startup in order to shed more light on the solutions they provide.
Startup Festival(Maiden Edition) – Months ago, we set out on a journey to create a space where we can have lasting conversations on the growth of our ecosystem as well as support the awesome startups building solutions for us all.
And the event was a huge success with over 1000 guests, 20 exhibiting companies, media partners, 27 speakers, sponsors and the general public.
The event was graced with the likes of Agama Emomotimi, Managing Director, Nigerian Capital Market Institute; Zikora Okwor-Wewan, Partner, Springwoods LP; Oluwatimilehin Ogunyemi, Head of Business Operations & Partnerships, Nomba where they came to together to discuss topics ranging from how to Bridge the gap on payments to War for Talents in the African Startup scene and much more important conversations on the ecosystem. You can view the amazing lineup of speakers here
Some of the highlights of the event include the opening speech to kickstart the event by GetEquity’s CEO Jude, pitches from 4 startups – Regxta – A digital bank focusing the financially underserved African population, Flowmono – A digital automation platform for businesses, Riltee – Real estate democratization platform and Strich Technologies – solution built for small business digital commerce. Regxta was announced as winner of the startup pitch at the event.
The 5 panel sessions with key speakers focusing on the startup ecosystem in Nigeria and Africa were key moments that have since received positive reviews from attendees across social media.
With the success of this event, GetEquity is looking to make the Startup Festival a continuous event and plans to host its next edition in 2023.
GetEquity Startup Festival 2022
Outside of the above, we ran key PR and Content Marketing campaigns centered on our key products, our support for startups as well as conversion tactics to improve our traction.
Our growth won’t have been possible without the help of our partners. With regards to our dealings in relation to partnerships in December and all through 2022, we at GetEquity have aimed to employ a strategy of deep, productive and sustainable links with all our partners.
Our partnerships have been built and nurtured to meet key areas of our business operations such as Product Development, Ventures, Portfolio Support, Customers Service, Human Resources, Business Development, Technology, Legal, Marketing and Finance. Some key firms with whom we have strong relationships within 2022 include the likes of local and international firms such as Wefunder, Zedi Africa, Accelera law, SHQ, Norebase, Flutterwave, Mono, Uqudo, Republic, Greenhouse labs, Microsoft, Ennovate hub, DreamVC, Fuzu, The Spark, Cadanapay, Iveoma Media, Ventor Africa, Emmviro, Microtraction, IO Fund, FHDIC, HOAQ Club, Startinev, Plug and Play, KLab, Startup UG, Freshworks, Regcompass, Campus Innovation Circles Playbook, Assurdly, UVID Partners, Blue Sapphire Hub, Sidebrief Africa, Founders’ Square etc.
Our Startups
Throughout 2022, the Ventures team at GetEquity has sought to scout, curate, vet, and list quality startups on its platform, with these startups having the important characteristics of providing value to their customer base and meeting impressive growth in terms of traction. To date, GetEquity has listed over 40+ startups on its platform, with many of them falling into key industries such as Financial Technology, Healthcare, Insurance, Digital Banking, Edutech etc.
Some of the startups that have been listed on GetEquity include names like Spleet, Fluidcoins, Dropper, BridegCard, SendStack Wirepay, Famasi, KoboPay, Pade, Aladdin Bank, TalentQL, Regxta, Ricive, Alt School, and Collect Africa etc. Startups listed from other African countries such as Kenya, Rwanda, and Tanzania include the likes of Zemo Card, MyWagePay, Mipango, Ironji, and a host of other startups. GetEquity has also been able to list the likes of Sticky, which is a UK-based technology company that is building an enterprise operating system to solve problems in physical spaces and aiming to penetrate the African continent with its product offering.
Of the 40+ startups that have been listed on GetEquity in 2022 and who raised funding in excess of $340,000, about 23 of them have closed their rounds, with raise amounts ranging from $2,500 to $30,000 at a combined post-money valuation of about $77.7 mliion. Startups such as TalentQL, Famasi, Mizala, WeMove, Dropper, Pade, etc were able to raise amounts in excess of $20,000 and at valuations exceeding $20 million combined.
Also important to note are the number of exists and delistings that have occurred on our platform. In terms of exits we are pleased to see the improved growth and development of two key startups such as WirePay and Bridgecard who combined were able to exit at multiples of about 4-6x in excess of initial investments made by investors.
For delistings, a couple startups where delisted from GetEquity for a number of reasons with the likes of startups such as SmallChops and Scalex being examples that stood out. In the case of SmallChops, a delisting occurred due to a breach of our corporate governance structure after serious allegations were made against the founding team. For Scalex, a delisting occurred after the company decided to pursue its funding activities elsewhere. In both cases, investor funds were retrieved and given back to them. Other reasons for delisting some impressive startups like Messenger, Motisure, Filtar Africa etc where due to a slow down in momentum with regards to their abilities to raise via our platform after a considerable amount of time given.
For activities in relation to our Private Raise product offering (i.e. Dealrooms), startups have been able to raise funding using this product offering with a notable case being the over $200,000 raised by a company called Herconomy. Herconomy which is a company building Nigeria’s largest community empowering women with resources to succeed, save money, and enjoy discounts successfully followed up its initial $200,000 raise earlier in the year with a further raise sum of $400,000 for its seed round.
Being listed on GetEquity has proven to be a boon for most of our portfolio companies with some going on to make some progress in the form of being a part of accelerator programs, participating in startup competition and wining awards as elaborated in the table below:
As an organization, 2022 came with a lot of operational achievements for GetEquity. We were nominated for 3 awards/recognitions as follow:
Most Innovative New Digital Asset Trading Platform – Nigeria 2022 (Global Business Outlook Awards) – winner
Most Innovative New VC Platform for Startups – Nigeria 2022 (International Finance Awards) – winner
One of the Top 10 African Tech Startups in 2022
In line with our fundraising round, we got into 3 accelerator programs; Multichoice, Newchip and Microsoft.
We are currently a team of 23 people spread across engineering, growth and operations departments. Our management team consists of the CEO, Head of Growth, Head of Operations, Customer Support & Compliance Lead, Legal Lead and East African Growth Lead.
But just like there were wins, there were losses and we continue to reflect on what was, what is and what could be.
What might 2023 bring?
More Seamless Experience using GetEquity and its suite of products. Some of the products in our 2023 roadmap include:
1. Credit Feature for Retail Investors: GetEquity is partnering with different credit providers to power our credit features, where investors can seek credit. The Credit Feature is suitable for an investor who is illiquid at the point an investment round is ongoing but wishes to invest in a high-rise growth startup listed in GetEquity. To do this, the investor can simply use their current investment holdings as collateral pending when they repay their loan.
Also, the Credit feature helps investors with investment assets in GetEquity to seek cash credit, pay into their bank account, and use such assets as collateral, pending when they offset their debt.
2. Capitalisation Table Management: The Capitalisation Table Management product that allows startup founders to view, manage, distribute equity ownership structure in their companies seamlessly .
3. Automated Market Making (AMM): Automated market making is a trade model. Currently, GetEquity secondary market runs on an order-book Trade model, which means it practically fulfills trade orders by matching user’s sell or buy orders found on each token or asset on GetEquity secondary trade order-book. AMM simply means allowing liquidity providers to provide liquidity for the secondary market tokens. Combining the order-book and AMM model will simply see a rise in secondary market liquidity which will enable users trade-orders to be executed or fulfilled within a twinkle of an eye than oppose to having to wait for the order book exchange model to process or fulfill a user trade-order only when a corresponding user, makes a similar and opposite trade-order for it to be executed.
The Liquidity providers will not be left out because they will be profit sharing with them for solely providing liquidity into the system.
4. SPV– This allows individuals to set up SPVs, Funds and Family Offices. GetEquity is partnering with reputable law firms both in Nigeria and overseas to do this. This product provides organizations with the avenue to create SPV’s by just a click of a button and domiciled in any country of their choice.
Thank you for your continued support as we continue to build. For a more detailed report of our year, you can view our year end report right on the app.
Got any questions for us? Join our Community on Telegram here or send us an email at support[at]getequitydot]io
