microtraction @microtraction Twitter profile

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microtraction

5 months

Microtraction 2023 Year in Review. Thank you to our Limited Partners (LPs), advisors, network partners, the community, ecosystem stakeholders, and our dedicated team members.

Microtraction 2023 Year in Review

Microtraction's 2023 year in review.

www.microtraction.com

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microtraction

@microtraction

2 years

We are excited to announce the first close of our Community Fund [Fund II] with the continuous focus on backing the very best early-stage African startups.

Microtraction announces the first close of its Community Fund for early-stage African startups

Microtraction, an early-stage venture capital firm that invests in African tech entrepreneurs at the pre-seed stage announces a $15M first…

medium.com

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@microtraction

4 years

Our official statement on WeJapa.

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@microtraction

4 years

Congratulations to @YeleBademosi and @NateKorl for winning the 35 under 35 most inspiring young people in Africa in 2020! 🚀🎉⁣⁣ We are proud of you 👏🎊⁣ ⁣ Read more —>

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microtraction

@microtraction

3 years

Happy birthday, @YeleBademosi . Your dedication, determination, and vision inspire us to always give our best. We appreciate and love you 🎉❤️

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microtraction

@microtraction

2 years

Join our upcoming space on “Understanding SAFEs and Priced Equity Rounds” this Wednesday by 7 pm WAT Our amazing panelists are @Mochievous , @adetolaov , @ElohoGM and @waleyinks . You don’t want to miss this 🚀 Link here:

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microtraction

@microtraction

5 years

Microtraction: Who We Are and Our Investment Criteria

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microtraction

@microtraction

4 years

We are excited to announce our New Venture Scouts 🚀 @annstellam , @yoowai , @tofani63 , @Dkidanu1 , @morolongza and Wanjiru. These highly skilled individuals will be aiding us in finding & supporting remarkable entrepreneurs across Africa!

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microtraction

@microtraction

3 years

Meet @MorolongZA , a Microtraction Venture Scout. ⁣⁣ He is currently covering South Africa, Botswana, Zimbabwe, Namibia, Mozambique and Lesotho. If you are a startup in these counties and you are doing something interesting please reach out to him 🚀⁣ ⁣⁣

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microtraction

@microtraction

4 years

Hurray!!! It’s our 3rd Anniversary and we’re so excited to share our journey with you 🚀🥳🎊 We want to thank our Portfolio companies, Network partners, Scouts and everyone that has been a part of the Microtraction family ❤️

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microtraction

@microtraction

4 years

Happy birthday to our amazing Founding Partner @YeleBademosi . Here’s to a bright, healthy and exciting future!We love you 🎂🎉❤️

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microtraction

@microtraction

3 years

We are thrilled to announce our investment in @getBumpa 🚀 Bumpa helps SMBs manage and grow their business both online and offline. We are so excited to be on this journey with @tushgeek , @TeeJaY_Codes , and the entire Bumpa family ❤️

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microtraction

@microtraction

4 years

We are excited to announce our Venture Scouts. @skweird , @TechMinem , @gossyomega , @atokwaminab , @edemkumodzi , @wizaj , @RichardSeshie These highly skilled individuals will be aiding us in finding & supporting remarkable entrepreneurs across Africa!

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microtraction

@microtraction

3 years

We are excited to announce our investment in Raise 🚀 @getraise is a simple fundraising and equity management platform for Africa.

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microtraction

@microtraction

4 years

We are thrilled to announce our investment in @ChakaStocks 🚀 Chaka is an Investment tool that helps Nigerians invest in publicly traded companies in the United States, Chinese and Nigerian markets from anywhere in the world.

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microtraction

@microtraction

4 years

We are excited to announce our investment in Plentywaka 🚀 @PlentywakaNG is a bus-hailing app that helps Nigerians make trips around the country easily. We are glad to be partners with @johnnyena , @onyekaakumah , @darkshayy and John Shaibu.

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microtraction

@microtraction

4 years

We are excited to announce that our investment has increased from $15k to $25k and we have reduced the percentage we take to 7%. Our goal has always been to be the most accessible and preferred source of pre-seed funding for African tech entrepreneurs🚀

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@microtraction

4 years

We are excited to announce our Network Partners 🚀 The Network Partner Initiative is an elite network of individuals or companies with specialized skill sets interested in supporting/ providing their services to the next wave of entrepreneurs in Nigeria.

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@microtraction

5 years

Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results. ⁣⁣ We are wishing you an amazing day.

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microtraction

@microtraction

4 years

Blessing your timeline this Friday morning with beautiful Jpeg from our amazing partners @NateKorl and @ciiwueke 🥰🔥☺️⁣ Show me a badder duo 👀🤷🏽‍♀️

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microtraction

@microtraction

5 years

Starting companies with people you trust, talking to your users constantly and the importance of documenting processes are some of the advices @ireaderinokun of @buycoins_africa has for founders. #AdviceForFounders

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microtraction

@microtraction

5 years

We interviewed @kola_aina who is the Founder of @vplatformhub for today’s #AdviceForFounders series and if you want to know his favourite books, his advice to someone starting a company then this is a must-read

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microtraction

@microtraction

4 years

We are excited to announce our investment in Evolve Credit 🚀 @EvolveCreditCo helps Nigerians review information about different loan products, compare loan product options based on price, terms, and other factors, and then apply for the best offer.

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microtraction

@microtraction

5 years

Empathy Wins Customers.

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@microtraction

5 years

We interviewed Olugbenga GB Agboola who is the co-founder and CEO of @theflutterwave and if you've been curious to know how he started his business, his favourite books and how he operates then this is a must read. #AdviceForFounders

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microtraction

@microtraction

3 years

We are thrilled to announce our investment in @LemonadeFinance 🚀 Lemonade Finance is a cross-border payments platform. We are so excited to be on this journey with @ridwan_olalere and @CochranRian ❤️

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microtraction

@microtraction

3 years

Always a great time catching up with @atsudavoh of @BitsikaAfrica (MT ‘19) 💙

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@microtraction

6 years

It's been a year but feels like yesterday. We've learnt so much over the past year. We have partnered with exceptional founders building amazing companies. And of course, we look forward to partnering with more! #MicrotractionIsOne

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@microtraction

5 years

We interviewed @razaqahmed1 who is the co-founder and CEO of @cowrywise and if you want to know what inspires him, his favourite books and the advice he has for anyone starting a company then this is a must read. #AdviceForFounders

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microtraction

@microtraction

3 years

Congratulations team 🥳🚀🚀

Bumpa

@getBumpa

3 years

We’re elated to be one of the selected startups across Africa to receive the Google Black Founders Fund.🎉 This is a huge win for our team & customers.🤗

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microtraction

@microtraction

4 years

We are pleased to announce our partnership with @SmileIdentity 🚀 They will give every current and future Microtraction portfolio company free KYC services (equivalent to 3,000–5,000 KYC checks).

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microtraction

@microtraction

5 years

We interviewed @iaboyeji Co-founder @Andela and @theflutterwave on today’s #AdviceForFounders Series and if you want to know his advice for new founders, favourite books and how to overcome mistakes then this is a must-read.

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@microtraction

3 years

We are excited to have @CaddleMaya join us as a Venture Scout 🎉💙 We are lucky to have such a gem be part of us. Her experience as an operator and collaborator as well as the knack for finding exceptional founders will be very valuable to us and the African tech ecosystem.

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microtraction

@microtraction

5 years

We interviewed @thejohnoke CEO of @walletsafrica and if you want to know the small change that made a huge impact in his life, his favourite books and his advice to anyone starting a company then this is a must-read

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microtraction

@microtraction

2 years

We turn 5 today 🥳🥳🥳

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@microtraction

2 years

In the last 5 years, we have been fortunate to have partnered with some of the most innovative, mission-driven founders solving some of the continent’s most pressing challenges. Without them we wouldn’t exist.

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microtraction

@microtraction

6 years

There are two harsh truths for startups. 1: Until you have users, you don’t have a product. 2: Until they’re paying you, you don’t have a business.

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microtraction

@microtraction

4 years

We’ll be hosting a webinar to enlighten African startup founders on ways to survive with the current situation and succeed post-COVID-19. Confirmed speakers include @ireaderinokun , @Vickiefabs , @aboloresalami and @9jaeze . Registration Link—

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microtraction

@microtraction

2 years

Join our upcoming space on “Effective Media Strategy for Startups” on the 22nd of February by 7 pm WAT Our amazing panelists are @Koromone_K , @onu_kwue , @WimbartHope and @tori_crandall You don’t want to miss this 🚀 #spaceswithMT

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@microtraction

2 years

We're excited to announce our new standard deal at Microtraction. We now invest a minimum of $100,000 as first check into African tech companies we partner with at the early stage.

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microtraction

@microtraction

5 years

Microtraction in partnership with Lagos Professionals Innovation Club (LYPIC) is hosting an intimate knowledge circle event focused on what startups need to know about raising funds from investors. Purchase your tickets-

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microtraction

@microtraction

3 years

We are thrilled to announce our investment in @honeycoinapp 🚀 HoneyCoin provides a global monetisation and peer-to-peer (P2P) remittance platform for African creators and their followers.

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microtraction

@microtraction

5 years

We are super excited to announce that Chidinma Iwueke has joined the team as a Partner. @NateKorl had the honour of sharing why she’s an extraordinary addition to the Microtraction team. Congratulations @ciiwueke 💪🏾🚀

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microtraction

@microtraction

2 years

Congratulations to our portfolio company @ThankUCash on the $5.3M raise to build infrastructure for cashback, deals, and BNPL services. We are so proud of you 🚀🚀🚀

Nigeria's ThankUCash secures $5.3M to build infrastructure for cash back, deals and BNPL services |...

Loyalty, deals and rewards services are a rarity in most African markets. The unit economics and other factors such as currency instability make such

techcrunch.com

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microtraction

@microtraction

3 years

Happy birthday to our amazing partner and the coolest boss @NateKorl . Enjoy your special day! We hope it’s filled with lots of laughs and good memories. We love you ❤️🎉🎈

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microtraction

@microtraction

3 years

Join our Partner @NateKorl and Cofounder / COO / VP Engineering @buycoins_africa , @ireaderinokun on the Let’s talk, Instagram live series. Set your calendar reminder because It promises to be fun, educative, and enlightening 🚀 Time:3pm WAT Date: Wednesday, 12th May 2021

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@microtraction

2 years

Congratulations to our portfolio company @getBumpa on the $4M raise led by Base10 Partners. We are so proud of you 🚀🚀🚀

Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners | TechCrunch

Bumpa, a Nigerian retail automation platform, gets $4 million from Base10 and other investors to scale into other countries.

techcrunch.com

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@microtraction

4 years

After 20 Failed Startups, Here’s What Turned This Engineer’s Next Venture Into A $17.7 Billion App

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@microtraction

5 years

We are super excited to announce the Microtraction Scout Program — an initiative that empowers venture-backed founders & operators to identify & invest in high potential startups across the African continent.

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microtraction

@microtraction

1 year

We are excited to share our 2022 in review. A big thanks to our Founders, LPs, Advisors, the Ecosystem, and all our Team Members!

Microtraction 2022 in Review

2022 was an eventful year for the tech ecosystem in many parts of the world. There was more funding, acquisitions, as well as mass layoffs…

medium.com

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microtraction

@microtraction

5 years

Congrats to our portfolio company @StackDiagnostic , which is building 23andMe for Africa - @weare54gene , on getting into the @ycombinator W19 batch.

17 Companies from the YC W19 Batch Part 4 | Y Combinator

Meet 17 companies that recently announced they’re part of the YC Winter 2019 batch. To see more YC W19 companies read Part 1 [https://blog.ycombinator.com/9-companies-from-the-yc-w19-batch/], Part 2...

www.ycombinator.com

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@microtraction

2 years

Congratulations to our portfolio companies @PivoAfrica , @clafiya , @gamrafrica and @Norebase on being selected as beneficiaries of the Google for Startups Black Founders Fund in Africa 2022 🚀

Meet Google for Startups Black Founders Fund in Africa 2022 Startups

blog.google

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@microtraction

2 years

In celebration of our 5th anniversary, we thought to share our story through key milestones 🚀🚀

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@microtraction

5 years

Happy #InternationalWomensDay ⁠ ⁠ to our female founders - @ireaderinokun @madonnaononobi @iAngelaEssien - and to all women all over the world who believe, lead, work, and make the world a better place. We appreciate you all 🙌🏽 #IWD2019 ⁠ ⁠

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@microtraction

2 years

Happy International Women's Day! We are celebrating 22 women that constantly break the bias every day and continually forge innovation in the African tech ecosystem in different sectors and roles 🚀 #BreakTheBias #IWD2022 #Microtraction

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@microtraction

2 years

Join us tomorrow as we discuss “Effective Media Strategy for Startups” by 7 pm WAT Our amazing panelists are @koromone , @onu_kwue , @Wimbarthope and @tori_crandall . You don’t want to miss this 🚀

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@microtraction

6 years

Congratulations to @razaqahmed1 and @edwardpopoola as @ycombinator backs @cowrywise to make it easier to save and democratise wealth management for an average African.

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@microtraction

5 years

Congratulations to MT portfolio company @thewalletng on getting into the @ycombinator W19 batch and pitching at the YC Demo Day. #ProudInvestor #YCDemoDay

Seven Africa-focused startups present at Y Combinator’s Demo Day | TechCrunch

The seven Africa-focused companies that presented as part of Y Combinator's Winter 2019 class of 200 startups may seem like a small percentage for such a

techcrunch.com

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@microtraction

5 years

Our woman crush for today is @OdunEweniyi who is the co-founder and COO @PiggyBankNG . If you are a startup founder or you want to start business then you should read her interview on #AdviceForFounders

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@microtraction

3 years

Hi guys, we are having an Instagram live chat on 16th June by 5 pm with @razaqahmed1 , CEO/ Co-founder, @cowrywise . He’ll be talking about starting Cowrywise, and everything in between. Follow us on IG so that you’re notified when we go live

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@microtraction

5 years

We interviewed @waleyinks who is the co-founder and CEO of @kudihq in another inspiring #AdviceForFoundersSeries

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@microtraction

5 years

We invite you to join us as we discuss common growth challenges in tech startups and how to exceed growth milestones. Please RSVP here as seats are limited: #GrowthFiresideChatbyMT

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@microtraction

3 years

Join us on Clubhouse this Thursday by 7pm WAT as we discuss acquiring your first paying 100 customers for your startup and business. Register here—->

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@microtraction

5 years

Our woman crush is @helloafua and she is the co-founder @sheleadsafrica , a media company for millennial African women. ⁣ ⁣ She is an expert in creating digital content and live experiences that impact and connect with a new generation of smart, ambitious African women. ⁣

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@microtraction

5 years

We are excited to announce our first non-Nigerian investment in @BitSikaAfrica . Bit Sika helps Africans send and receive money instantly, from anyone, anywhere at no fees.

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@microtraction

5 years

Our woman crush is @OdunEweniyi and she is the co-founder and COO of @piggybankng . ⁣ ⁣ We admire her strength, determination and contribution to the tech ecosystem in Nigeria and Africa.

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@microtraction

3 years

Hello 7000 followers 🥺💙💙

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@microtraction

2 years

Meet @mercy__o , Frontend Engineer @BitsikaAfrica 🚀 #BreakTheBias #IWD2022 #Microtraction

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@microtraction

6 years

“A lot of startups spend untold time and resources cooking up a fancy marketing matrix when in fact you just need to have lots of real life conversations with like-minded people about their problems, and mutually explore how you can solve them.” - Des Traynor, Founder, Intercom

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@microtraction

6 years

We are excited to partner with Allpro as they build the future of school management and financing on the continent. #SuperPumped

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microtraction

@microtraction

5 years

Microtraction in partnership with Lagos Professionals Innovation Club (LYPIC) is hosting an intimate knowledge circle event focused on what startups need to know about raising funds from investors. You can purchase tickets

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microtraction

@microtraction

5 years

We are excited to announce our investment in @festivalcoins @tix_africa Festival Coins is an event technology company that helps event organizers reduce costs, maximize revenues and harness granular data from attendees.

Efficiently plan and execute profitable events using Festival Coins

Announcing our investment in Festival Coins

medium.com

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microtraction

@microtraction

2 years

Meet @Diseye_ , Happiness Engineering Lead @ouredenlife 🚀 #BreakTheBias #IWD2022 #Microtraction

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@microtraction

2 years

We are humbled to be a part of their journey #5YearsStrong

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@microtraction

4 years

Ideally, we look for cross-functional teams of 2–3 founders with design, engineering, and marketing expertise. From our experience, we have noticed that a combination of technical, product and distribution talent is a winning combo.⁣ ⁣ Have a fantastic Week ☀️

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microtraction

@microtraction

3 years

2020 was a year that required a rethink. Though very challenging and despite all that happened, 2020 presented significant progress and achievements for our portfolio companies and Microtraction that we are excited to share 💙🚀

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@microtraction

6 years

An Ex Jumia and CMO Shares User Acquisition Tactics For African Startups

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@microtraction

4 years

Words from our amazing Founding Partner @YeleBademosi ❤️🥳

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@microtraction

4 years

Wise words from @YeleBademosi 🚀

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@microtraction

4 years

“There is no limit to what we, as women, can accomplish.” –Michelle Obama⁣⁣ ⁣⁣ Happy international women’s day from all of us 💜 ⁣ ⁣cc @ciiwueke @deepjade_ @Callmethonia 💋🚀🔥

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3 years

Join our Founding Partner @YeleBademosi and our Partners @ciiwueke and @NateKorl in our 4th Anniversary special on 16th July 2021 by 2 pm WAT They will be talking about the journey so far, lessons learned, and how investment deals are closed. Register->

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5 years

Congratulations to Microtraction portfolio company @weare54gene on raising their $4.5m seed round from @ycombinator , Hack VC, Fifty Years - among others. We are super proud #ProundInvestor

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7 years

. @YeleBademosi founder of Microtraction is doing an Ask-Me-Anything on TechCabal's Radar on August 25th #SaveTheDate

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@microtraction

4 years

Happy Worker’s Day from us at Microtraction 🎉❤️⁣ ⁣ We dedicate today to all healthcare workers who are on the frontline battling the pandemic and to all the essential staff workers. ⁣ ⁣ We applaud you for the great work and we love you ❤️

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9 months

🎙️Why investors reject startups 📅 Friday, October 6 ⏰ 7 - 8 PM (WAT) 📍 Twitter Spaces

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@microtraction

7 years

Building a Startup Is Not About Building a Product, It's About Solving a Problem - Avni Patel Thompson of Poppy

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@microtraction

2 years

To everyone - African Founders, GPs of Funds, Web2 and Web3 Operators, African and Global HNIs, Sport and Entertainment Icons - we say a big thank you for trusting and believing in our mission to accelerate Africa’s transition to a sustainable & developed economy.

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3 years

Join our Partner @NateKorl and Cofounder / COO / VP Engineering @buycoins_africa , @ireaderinokun on the Let’s talk, Instagram live series. It promises to be fun, educative, and enlightening 🚀 Time:3pm WAT Date: Wednesday, 12th May 2021

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6 years

Congrats to one of our portfolio companies @cowrywise . They are amongst the top 50 World-Changing Startups to Watch. Well done guys 👍🏽👏🏽

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5 years

We interviewed our Founding Partner @YeleBademosi in today’s #AdviceForFounders series and if you’ve ever wanted to know why he started @microtraction , his favourite books and his advice for new founders then this is a must-read

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3 years

Gbolade Emmanuel is a digital marketing expert and CEO @termii_network Join us on the 21st of October 2021 on Clubhouse by 7pm WAT as we discuss acquiring your first paying 100 customers for your startup and business. Register here—->

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@microtraction

3 years

Six Mistakes I made as a beginner Product Manager

#5: Didn’t cultivate a good working relationship with my boss

medium.com

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4 years

Join us as we host a special AMA with Gbolade @gbolademmanuel CEO and co-founder of @termii_network Kindly drop your questions below to ask him anything about his YC Experience using the #MTFounderStories #AskGbolade He’ll be answering your questions tomorrow, April 9 by 4pm.

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4 years

How to Raise Capital for a Startup (or Venture Fund) That’s Ahead of its Time

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1 year

Merry Christmas to you and yours from all of us at Microtraction 💙🎄

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4 years

We are excited to announce our investment in @GradelyNG Gradely provides an adaptive learning platform that helps parents and schools identify and close student learning gaps.

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2 years

Slack: A Product Led Growth Strategy Case

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4 years

Hello Everyone👋 Our founder @YeleBademosi will be speaking on how to leverage cryptocurrencies in these turbulent times by 5 pm tomorrow. You can register here —>