Techstars-backed Oystr Finance wants to offer 750 million African adults a path to quick credit
Oystr Finance is one of the startups that were part of the ARM Labs Lagos Techstars Accelerator Program inaugural cohorts that had its demo day last week.
Founded by Ifedolapo Lawal, Olusola Onajobi and Omotayo Iginla, Oystr Finance says that its goal is to “democratise credit in Africa.” Over the years, startups across Nigeria have been looking for ways to begin creating credit scores for Nigerians, a country that is not used to stable institutionalised credit systems.