Techpoint Awards, AltSchool by TalentQL, Privacy Roundtable PT2, Brass’ $1.7m funding

by | Oct 22, 2021

This post is a delayed version of Techpoint Digest, a week-daily newsletter that rounds up major happenings in African tech. You can start receiving it hours before everyone else if you subscribe now

Good day.

Today, I’m discussing:

  • TalentQL’s AltSchool
  • Privacy Roundtable PT2
  • BIZ301 for SMEs
  • Brass’ latest funding

You can now get a Diploma in Software Engineering from AltSchool

IMG 0821

You won’t believe this. In 2021, over 1 million people registered to take the Joint Admission Matriculation Board (JAMB) exams in Nigeria. This is a compulsory test that determines qualification for entrance into a Nigerian university. But, it continues.

After JAMB, students undergo another test from their chosen universities. These processes are one-off. If they don’t pass, most young people have to reapply the following year. Some schools have the direct entry option but with the same level of uncertainty—the ones who can leave the country. 

Advertisement

This cycle thrives because of low spending power, lack of options, and the tendency to acknowledge skill or relevance based on a university degree. This lack of degree options and the scarcity of developers is what TalentQL is looking to solve with AltSchool.

Founded by Adewale Yusuf, Opeyemi Awoyemi, and Akintunde Sultan, TalentQL launched in November 2020 as a talent pipeline to connect developers with jobs. On Thursday, October 21, 2021, AltSchool was launched.

What is AltSchool? It is a 9-month mentorship and upskilling program to train entry-level developers. Open to everyone above age 16, no technical background is required. Participants receive a diploma in Software Engineering and a three-month internship opportunity upon completion. 

There’s more: TalentQL launches AltSchool Africa to train entry level tech talent for free

So you care about your privacy?

online privacy
Photo Credit: Visual Content Flickr via Compfight cc

Under the Nigeria Data Protection Regulation (NDPR) 2019, all citizens have several rights over their personal data. You are entitled to know everything about how and when your data is being handled, decide to delete or rectify your data, and restrict who has access to it.

However, there are exceptions contained in the NDPR which allow your data controller — a person or organisation that receives your data —  to bend the rules a bit.

For this month’s Privacy Roundtable, our Reporter, Ogheneruemu, had a chat with Nigerian Lawyer, Motunrayo Ope-Ogunseitan, on some of these exceptions.

You can read all about it here: Yes, you have rights over your data, but only to an extent

Advertisement

That’s not all.  Get a sneak peek into what we are discussing next month. Spoiler alert: It’s about you, your online privacy, and why you may or may not care.

Please help populate this form with your answers.

BIZ301 is helping SMEs achieve automation

BIZ301 suite of operations
BIZ301 suite of operations

If you ask me, business owners deserve extra accolades. Small and medium enterprises in Nigeria, however, need even more applause.

In a country where everything from infrastructure to capital is a struggle, it takes a lot of grit, unusual strength, and patience to run a business. 

Enter BIZ301. With two decades of Small and Medium Enterprises (SMEs) experience, Toyin Akintayo acutely understands this struggle. And with the help of his team, he decided to build BIZ301 to help entrepreneurs digitise small businesses operations. 

Think of a platform that manages expenses and budgets, invoices, employee and payroll management, helpdesk, and facility management applications. For as low as ₦1000 a month, users can access all this on BIZ301.  

Curious? Read more: For as little as ₦1000, business management startup, BIZ301, wants to help you automate your business

Brass raises $1.7m funding to accelerate growth across Africa

SAVE 20211022 241715
L-R: Emmanuel Okeke and Sola Akindolu, Co-founders of Brass

What’s the news? On Thursday, October 21, 2021, Brass, a Nigerian digital bank, announced  $1.7 million in funding to aid their growth across Africa. The raise saw participation from US-based early-stage investors, Hustle Funds, Acuity Ventures, Ventures Platform, and Uncovered Fund.

Prominent ecosystem individuals like Flutterwave’s Co-founder, Olugbenga ‘GB’ Agboola, and Paystack’s Co-founder, Ezra Olubi, also participated in this round. 

What does Brass do? Sola Akindolu, ex-Head of Products at Nigerian fintech, Kudi, and Emmanuel Okeke, ex-Engineering Manager at Paystack, launched Brass in July 2020 to provide SMEs with banking services and help business owners have control over their money operations. 

Currently, the platform provides SMEs with various services, including payroll and expense management, credit and payment services, and API support. 

Brass has reportedly served thousands of businesses from schools to restaurants and malls, with a customer portfolio that includes platforms like Mono and Eden. 

They claim to have disbursed $2 million in credit via their crediting platform, Brass Capital, which is still in the Beta phase.

Where are the funds going? With this raise, the startup is looking to scale and improve upon its products. Already, they have completed incorporation in Kenya and are looking to do the same in South Africa. By 2022, they want to launch in both countries fully.

The big picture is to develop innovative products that offer all-inclusive banking solutions in Africa.

Neobanks spree? With the number of Business to Customers (B2C), and Business to Business (B2B) neobanks like PayHippo, Prospa, and Sparkle already offering similar services, one wonders what makes Brass different. Per TechCrunch, Akindolu shares that the company’s focus is financial operations and cash flow support for SMEs.

In case you missed it on Techpoint Africa

  • Techpoint Awards 2021: Nominate your favourite startups, influencers, and investors. Read

What I’m reading/watching

  • What do people want in a co-founder? YC has some answers. Read
  • Hard Startups. Read
  • Billie Eilish on Going to Space, Writing Songs with Finneas, New Album & Her Bucket List. Watch.

Have a beautiful day!

Out here, trying so hard to maintain my faculty of wonder in a fast-changing world. Language, books, and aspiring tech enthusiast. Keep in touch

Looking to transition into tech? Learn how to code in 1 year with AltSchool Africa. Earn a diploma in software engineering at $0. Apply Here.

Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Obumneme Oken
Obumneme Oken
1 month ago

Well-written article. Fun to read.

Recent News

An Indian masterclass?

An Indian masterclass?

With Parag Agrawal appointment as Twitter’s CEO is the latest in a growing trend of Indian-American CEOs. Today on #TechpointDigest, @chigo_nwokoma discusses lessons from India.

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap