The winner at Wema Bank’s just concluded Hackaholics 5.0 has appreciated the commitment of Wema Bank’s crew in holding such brain-driven event.
The event which was held in Lagos was established to examine the impressive Nigeria tech community and to foster transformative ideas.
The event has so far been known for unearthing Nigeria’s brightest tech talent with this year’s mind-blowing 3,500 applications across the country.
However, 10 finalists emerged the final stage in which Feegor emerged winner after being tested in different sectors like education, agriculture and healthcare.
Feegor’s win was anchored in its innovative B2B wholesale marketplace and SaaS platform, which connects small and medium-sized enterprises (SMEs) with verified suppliers.
The platform offers unique features like negotiation tools, sourcing assistance, and a Buy Now Pay Later (BNPL) credit model, empowering SMEs to scale and drive economic growth.
The CEO of Feegor, Ugonna Ginigeme, expressed his delight haven emerged winner commended other participants as competitors worth brainstorming with.
He appreciated Wema Bank for establishing such an idea to live saying it is a great privilege to be a part of the event.
“This is a humbling moment for my team and me. Winning among so many exceptional startups strengthens our resolve to create meaningful impact for SMEs and the Nigerian economy,” he said.
Other startups that are worth noting were the likes of Empayment AI, which secured the first runner-up prize of N35 million for its AI-driven invoice discounting platform.
Bloom Beauty, specializing in AI-personalized beauty solutions, received N20 million as the second runner-up.
Also, a mental health platform, MyTherapist and a remote healthcare provider, MyItura earned N12 million and N8 million, respectively, for their transformative solutions.
Meanwhile, Northino and University X each received N10 million in recognition for their unique contributions, ranging from digital skills training to comprehensive education management systems.
