On Thursday, the Stanbic IBTC Bank launched the Blue Lab — its own innovation hub — in Yaba.
According to a report on TechEconomy, Chief Executive of the bank Demola Shogunle said the hub was inspired by changes and trends in the banking industry.
Located at number 220 Herbert Macaulay Way in Alagomeji-Yaba, the Blue Lab is supported by the Co-Creation Hub (CcHub) and billed as an innovation hub for incubators with great ideas.
With this laudable move, Stanbic IBTC has joined Guaranty Trust Bank(GTB) in a league of banks supporting and building innovation hubs and co-working spaces. In July last year, the Lagos State government re-opened YouRead — an e-library and co-working space — in partnership with GTB.
In conclusion, Demola Shogunle said Stanbic IBTC bank will launch the ‘next big thing in tech’ through innovations from the Blue Lab.
On January 27, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship.
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
Listen to Built in Africa, a podcast by Techpoint Africa