Nigeria Startup Dojah Announces Participation For Y Combinator W22 Batch
The Nigerian-based tech startup Dojah has confirmed its participation in the W22 Y Combinator accelerator program.
“We are excited to announce that we are part of the Y Combinator W22 Batch. As a unified KYC and digital solutions company, we have a single goal of empowering scale and innovation for businesses in Africa, so that more lives are impacted through technology”.
We are excited to announce that we are part of the Y Combinator W22 Batch🎉🎉
As a unified KYC and digital onboarding solutions company, we have a single goal of empowering scale and innovation for businesses in Africa, so that more lives are impacted through technology. pic.twitter.com/W05i2IUfQN
— Dojah Inc. (@DojahInc) January 20, 2022
Dojah is an all-inclusive KYC and user onboarding platform for individuals and businesses across Africa. Dojah through its platform eases scaling for startups and organizations looking for business prospects in Africa.
Dojah understands the rigor that comes with verifying identity and financial data in Africa, and so it functions by aggregating and standardizing digital onboarding and KYC APIs across Africa by providing a unified gateway for companies looking to scale globally.
The startup has so far been operational in Nigeria, Ghana, Kenya, and Uganda. It has successfully on-board over 400 businesses and completed over 2 million API calls. Through the YC accelerator program, it intends to increase integration into other countries and to also develop no-code tools to enable non-developers with scalable businesses to build out onboarding and KYC flows across the region.
Co-founder and Product Lead at Dojah Ayomide Oso shared, “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 about 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.”
Y Combinator is a leading Silicon Valley-based startup accelerator that has aided several African startups to scale their businesses. Y Combinator recently increased its standard deal size to $500,000 for startups, with $125,000 offered at a 7% equity stake and $375,000 in the form of an uncapped simple agreement for future equity (SAFE).
Dojah joins other African startups such as Nigerian Moni, Topship and IdentityPass, and Ethiopian BeU Delivery as W22 YC participants. Other African startups are still expected to be announced in the coming weeks.