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Vesicash

From EverybodyWiki Bios & Wiki

Vesicash
Vesicash Logo
Private
ISIN🆔
IndustryFinancial technology
Founded 📆2018
Founder 👔Aigiomawu Ehiaghe, Ibrahim B. Oladele, Tomisin Adeshiyan
Headquarters 🏙️Lagos, Nigeria
Area served 🗺️
Africa
Products 📟 Software
Members
Number of employees
10+
🌐 Websitevesicash.com
📇 Address
📞 telephone

Vesicash Innovative Technologies or Vesicash is an internet escrow service company based in Lagos, Nigeria.[1]It was founded by Ehiaghe Aigiomawu, Oladele Ibrahim and Tomisin Adeshiyan in May 2018.[2]The startup offers digital escrow services which provide payment security for those involved in online transactions.[3]

History

The founding team met while at the Meltwater Entrepreneurial School of Technology in Accra, in 2017 and connected over their shared vision to build a company that offered value to its users and leaves a lasting impact.[4] In 2018, they founded Vesicash, deriving the name of the company from the vesica piscis. The startup raised US$100,000 in pre-seed funding in November 2018, and subsequently raised a larger round from Ingressive Capital in 2020.[5]

Products and Services

Vesicash offers various products and services for peer-to-peer, enterprise and marketplace use cases.[6]. Notable offerings are:

  • Instant Escrow, which allows users to create digital escrow transactions in minutes, without signing up
  • Trizact, which allows users to receive escrow payments via payment links

Accelerators and Training Programmes

  • The Hague Institute for Innovation of Law[7]
  • Greenhouse Labs[8]

References

  1. ↑ "Vesicash Uses Escrow To Ignite eCommerce In Africa". pymnts.com. July 29, 2019. Retrieved June 1, 2020.
  2. ↑ "Nigerian fintech Vesicash nets further investment from Ingressive Capital". ingressivecapital.com. March 4, 2020. Retrieved June 1, 2020.
  3. ↑ "Nigerian fintech Vesicash nets further investment from Ingressive Capital". ventureburn.com. February 21, 2020. Retrieved June 1, 2020.
  4. ↑ "Vesicash Prevents Business Fraud And Dispute - Ibrahim Oladele". ingressivecapital.com. May 12, 2020. Retrieved June 1, 2020.
  5. ↑ Tom Jackson, Nigerian digital escrow service Vesicash raises funding from Ingressive Capital, disrupt-africa.com, February 20, 2020
  6. ↑ Tom Jackson, How Nigeria’s Vesicash is making digital payments more secure, disrupt-africa.com, August 23, 2019
  7. ↑ Daniel Iyanda, Five startups representing Nigeria at the Regional Finals of Innovating Justice Challenge, benjamindada.com, Nigeria, October 19, 2019
  8. ↑ Tom Jackson, 10 startups selected for Greenhouse Lab female-focused accelerator programme, disrupt-africa.com, Nigeria, October 17, 2019


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