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Cheetah Africa Moves on to Connect Fintech Startups to VCs

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Few days after the Launch of Cheetah Africa, plans have been put in place to launch the organisation towards achieving its set milestone. The FinTech and Blockchain platform held its launch  recently at the BWC Five Star Hotel Victoria Island on  3rd August, 2018. The event was geared towards introducing the platform that would bring investors and startups together.
Lucky Uwakwe the Co- founder of Cheetah Africa in an interview with cryptotvplus explains the aim of the platform. He says, “The goal of cheetah Africa after the end of the event Is basically simple. It is mainly to help startups get the awareness or the exposure with the international community, helping them them get on board on this huge market that is out there.”
Getting funds and attracting investors is a difficult feat for most startups. Lucky explains, “A lot of them have not been exposed to it, a lot of them are spending the energy they would have use to build beautiful solutions on the product of blockchains unfitted. They spend quite a lot of these energies on sourcing out funds. But Cheetah Africa will now give them that exposure because Cheetah Africa will focus on trying to extract those foreign VCs, attracting them to people who love to invest in African startups. Cheetah Africa will be doing more of that for them, while the young startups in Africa will focus more on building solutions which they love to build.”
He further explained that there will be a form of test for these startups which he termed “acid base test”. He explains the need for the test saying, “We feel so many people have beautiful ideas but some of these beautiful ideas might not be properly carryout or might be done in a way that doesn’t meet up to standards. So, Cheetah Africa will also help to filter some of these trashy products out there.” The firm also aims to expand their reach beyond Nigeria and cover all the 56 countries in Africa.
Nathaniel Luiz , co-founder of Cheetah also spoke to our correspondent saying, “Cheetah Africa is going to be a platform for them to find somewhere to incubate their ideas. so cheetah  Africa is going to stand as a support system,that is why we have the pool of Africa start-ups and innovations.”
 
 

What do you think about Cheetah Africa? Share your opinion with us in the comment section below.
Image credit: pixabay,

 

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