Blessmi Marks 1st Anniversary with $217M Milestone

Blessmi Marks 1st Anniversary with $217M Milestone

Blessmi, a Nigerian tech-for-good startup, and innovative fundraising platform designed to help individuals and organizations raise funds for good causes and personal needs has announced a significant milestone of $217 million (100 million Naira) raised on its platform since its launch in March 2022.

The Blessmi fundraising platform represents a significant innovation in the Nigerian economy, particularly as it addresses the financial exclusion faced by many individuals and organizations that lack access to bank loans. By enabling anyone to set up a fundraiser and receive support from donors worldwide, Blessmi provides a valuable alternative to traditional financing options that can be difficult to obtain. This democratization of fundraising represents a crucial step forward for the Nigerian economy, as it allows individuals and organizations to pursue their goals and meet their needs without being held back by financial limitations.

Commenting on this milestone attainment, Adegbe Ogbeh and Esin, co-founders of Blessmi said “We are thrilled to have reached this milestone in such a short period. We are committed to making a real difference in people’s lives by providing a safe, reliable, and easy-to-use platform for fundraising. Our vision is to become the go-to platform for fundraisers across Africa and beyond.”

What you should know about Blessmi

Moreover, Blessmi’s unique features, such as visibility, verification, and tracking, provide a level of accountability and transparency that is often lacking in other fundraising platforms. This increased level of trust and reliability is crucial in the Nigerian context, where scams and fraudulent activities are unfortunately prevalent. By fostering an environment of trust, Blessmi offers a valuable tool for individuals and organizations to engage in fundraising activities and achieve their goals without fear of being scammed or taken advantage of.

Furthermore, the platform’s strong focus on personal needs, including medical, educational, and financial needs, addresses a significant gap in the market left by global fundraising platforms that tend to exclude Africa. By providing a platform that is tailored to the specific needs of Nigerians and other Africans, Blessmi ensures that individuals and organizations can access the support they need, regardless of their location or financial situation. This represents a significant step forward for financial inclusion in Nigeria and the wider African continent.

Overall, the Blessmi business model represents a crucial innovation in the Nigerian economy, addressing the financial exclusion faced by many individuals and organizations and providing a valuable alternative to traditional financing options. By fostering an environment of trust and reliability, offering unique features such as visibility, verification, and tracking, and focusing on personal needs, Blessmi offers a powerful tool for individuals and organizations to achieve their goals and meet their needs. As such, it represents a vital step forward for financial inclusion in Nigeria and the wider African continent, offering a valuable platform for progress and development.