I’m Adédèjì Ọlọ́wẹ̀, a disruptor committed to leveraging technology and credit to drive impactful growth in Africa. I have a strong background in engineering, but I’ve spent all my life in financial services. I am the founder of: Lendsqr. TMBP and Open Banking in Nigeria and Africa. I also lead the board at Paystack. When I’m not doing any of these, I’m here on dejiolowe.com ranting about credit, payments, startups and other things I’m passionate about to anyone willing to listen. And when I’m not here, you can catch me on LinkedIn doing the same.
Thoughts about using tech and credit to build Africa
I firmly believe in the transformative power of technology and credit to drive sustainable development in Africa. Africa can not grow like it should until people have access to affordable credit. It goes beyond just providing financial services; it’s about creating opportunities for the underserved and fostering economic growth by empowering these individuals and communities. Through innovative solutions, we can bridge gaps and unlock the vast potential that Africa holds.
Lendsqr – using credit to build dreams for Africans
Lendsqr is a Lending-as-a-Service (LaaS) company that helps lenders scale their business with an automated lending stack; backed by sophisticated technology and robust data that simplifies the loan experience for both lenders and borrowers. Lenders can start lending within minutes and for free with our technology.
With an understanding that access to credit is a key driver of economic progress, we at Lendsqr, are on a mission to bridge the credit gap in Africa by leveraging technology to improve millions of lives.
Hundreds of lenders, including major banks, power their lending with Lendsqr . We are currently in Nigeria and Rwanda with plans to expand to 10 other countries within the next 2 years.
Founder of Open Banking in Nigeria and Africa
Despite the plethora of innovative solutions from fintechs to advance financial inclusion in Africa, executing these services at scale is challenging because there is no single standard for integrating between fintechs, banks and other financial institutions.
With open banking, we are ushering in a new era of financial inclusion and innovation which has been endorsed by the Central Bank of Nigeria (CBN) and following the release of the Operational Guidelines for Open Banking in Nigeria in March 2023, we look forward to defining an open and non-partisan set of Application Programming Interfaces (APIs) to design the API standards.
Leading the Board at Paystack
I have the privilege of leading the board at Paystack, one of Africa’s leading payment platforms reshaping the payments landscape, facilitating seamless transactions and empowering businesses in Africa to thrive in the digital age.
Venture Building at TMBP
At TMBP, we experiment with, nurture and incubate innovative ideas into successful ventures, often in collaboration with other founders.With a focus on developing groundbreaking financial technologies, TMBP backs ideas with the potential to scale and create value and takes them to market in record time.
My work with TMBP involves providing expert guidance and funding opportunities to foster a culture of creating value through solutions that satisfy a real need.
Writing about what I’m passionate about
Beyond my professional endeavors, I write a ton of interesting stuff; sharing my insights and perspectives on topics I am passionate about. Whether it’s the intersection of technology and finance, the future of open banking, or the role of credit in setting Africa up for economic prosperity, I enjoy sparking meaningful conversations in these spaces.
My https://dejiolowe.com/category/predictions/ over the last decade have grown to become an industry favorite and I’ve shocked even myself with how many of these have come to pass; makes me wonder if it’s time for me to pack up and set up shop as a seer instead.
Welcome to dejiolowe.com, your front row seat to observing my disruptive thoughts on how to build a brighter future for Africa.