Smatkaria

Raenest is a dynamic tech company founded by Victor Alade and his team with the vision to simplify and streamline the payment process for remote workers and freelancers across Africa. The company's primary aim is to automate invoicing, enabling individuals to receive payments faster from global clients without incurring any transaction charges. Inspiration and Background:  Victor Alade's personal experiences as a remote worker in the United States and the United Kingdom were the driving force behind the creation of Raenest. He encountered numerous challenges when it came to getting paid for his work, including delays in international money transfers and high transaction fees. Furthermore, compliance and payment-related obstacles prevented him from accessing certain job opportunities. These hurdles inspired him to join forces with his co-founders to develop solutions through Raenest. Business Model:  Raenest offers a comprehensive platform that caters to the needs of...

Adeola Alli was inspired to start OneHealthNG because  she was not  able to easily access specialized medication for her child when she needed those products OnehealthNG is an online pharmacy and digital-first healthcare platform that  enables anyone to smartphone to  easily order medication to their homes. She launched  the business with  one retail  pharmacy store which she bootstrapped with savings and support from family A year after the launch of the pilot store, the company added an online platform and began partnering with different health service providers across Nigeria  OneHealth  has built a network of over 1000 Pharmacies plus laboratories and specialists across the 36 states of Nigeria to help fulfil or deliver orders placed on their platform.  Adeola made it happen despite not having any experience in technology and her story illustrates critical points necessary for building successful company: 1. The best comp...

Victor Alade and his team created Raenest to help remote workers and freelancers in Africa automate invoicing and get paid faster by clients globally at no transaction charges. Alade was inspired to create Raenest by the challenges he encountered  while working  remotely for several companies in US and UK.  Getting paid for his work was often difficult. He would have to manually send invoices and wait days for the international money transfer to be delivered.  He missed out on several jobs as there were no reliable ways through which he could be compliantly employed and  get paid.  He was losing 15 per cent  to transfer fees and unfavorable exchange rates, every time he got paid And while leading an engineering team, they couldn’t hire a Ugandan engineer because the company he was working for did not have a legal entity in Uganda.  The challenges inspired him to partner with his co-founders to launch Raenest with the goal of creating...

While working remotely for companies in UK and US, Victor Alade had challenges getting his pay on time because he would have to manually send invoices and wait days for the international money transfer to be delivered.  He wàs losing 15% of his salary to transfer  charges and unfavorable exchange rates And he missed out on several jobs as there were no reliable ways through which he could be compliantly employed and  get paid.  These inspired him to launch Raenest to  help companies easily onboard African talents,  and enable remote workers and freelancers in Africa automate invoicing and get paid globally at NO transaction charges. Raenest  is now used by  workers at Upwork, Toptal, Andela, Fiverr, Tunga. The firm  won a seat at Techstars Toronto accelerator, got $120,000 (90.2 million naira) funding and  has also  raised a pre-seed funding round from ten investors including Ventures Platform, Seedstars, TCVP, Ajim Capi...

Nnaemeka Ikegwuonu started ColdHub to  solve the problem of food spoilage through providing Cooling as a Service (CaaS) ColdHubs is a Nigerian company that operates solar-powered cold rooms, providing a pay-as-you-store service for fresh produce to smallholder farmers and market merchants. Nnaemeka's business idea came from a discovery that Nigeria is ranked 100 out of 113 countries on the Global Food Security Index and over 88 million people in the country face food insecurity and 12% are undernourished, not because of lack of food, but due to excess of waste.  It was found that an alarming 40% of the food Nigeria produces every year is lost before it reaches consumers. That’s equal to 31% of  total land use, according to the World Bank, and accounts for 5% of the country’s greenhouse gas emissions. ColdHub created its proprietary  solar-powered walk-in cold rooms to help provide lasting solution to the problem. The company started  in Owerri, Imo State, with a...