Nigerian software engineer and serial entrepreneur Favour Ori has been simplifying and redefining the global payments for Africans through a fintech startup Payday that enables Africans to send and receive money globally in minutes.
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The 25-year-old Abia State indigene has always been passionate about empowering Africa and leveraging technology for growth, setting out to fulfill his dreams despite opposition from his parents and obstacles that limited his educational aspirations in Nigeria.
Determined to succeed at all costs, Favour relocated to the United States in 2016 to study Computer and Information Sciences at Southern Arkansas University and since then has gone on to prove his temerity as an advocate for African wealth and prosperity.
Favour’s IBM Canada-backed mentorship program, FavCode54 was launched in 2018, with the single mission of empowering Africans to launch their tech careers, training over 11,000 Africans globally, many of whom have gained employment at global startups or launched their independent tech ventures.
Equally, his project, College Situation, launched in 2020 to connect African students to funding opportunities and fellowship programs in countries like Canada, the United Kingdom, and the United States was sold to ABiTNetwork.
Favour launched Payday in 2021 and secured over $2 million in funding from several investors including LoftyInc, Microtraction, Magic Fund, Ventures Platform, and a host of other investors.
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In October 2021, Payday got accepted into the prestigious Techstars accelerator. Techstars is an operational investment company that assists founders and early-stage entrepreneurs scale their vision into a thriving business, beginning with the demo day, which occurs at the end of the program, where selected startups will be able to pitch to a carefully curated group of investors
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