Tekedia Capital is excited to announce investment in Insurpass.  Insurpass is an Open Insurance API that aggregates innovative and affordable insurance products from leading Insurers, and delivers them through a single API access, allowing fintechs, banks and other digital platforms, to easily embed insurance products into their apps, offering insurance services to their customers, many of whom are uninsured.

Insurpass enables companies across all sectors to build, embed and offer digital insurance products to their customers through a fully integrated experience embedded into their own front-end environment. By building on Insurpass’ insurance infrastructure-as-a-service platform, your company gets a wide range of insurance products and the backend component you need to build, launch and manage an insurance vertical all accessible through a single API integration

More so, in the next coming weeks, Insurpass will make it possible for pension service and retirement service providers to reach new customers via APIs. Yes, just as you can buy your insurance products from your bank app or ecommerce app, a pension/retirement company can deliver its products via the same ecosystems. With that, informal sector workers can enroll for pension services even when watching a movie online. Connect with our team to integrate your insurance firm, pension, retirement service, etc.

Tekedia Capital is funding critical digital infrastructures that will advance Africa. To learn more about how we can fund your business or join our investment syndicate, please click here. The next investment cycle begins in two weeks.

Tekedia CollegeBoost welcomes students from University of Ilorin under the First Lady of Kwara state, Amb Dr Mrs. Olufolake Abdulrahman, and  Ajike People Support Centre Scholarship scheme. CollegeBoost, a university student version of Tekedia Institute Mini-MBA, informally integrates into typical school programs, making it possible for students to master the mechanics of business, irrespective of their academic disciplines.

Students, your schools have prepared you already, Tekedia will simply expand your horizons in market systems. Welcome to our Institute.

To learn more about CollegeBoost, click here.

Tekedia CollegeBoost welcomes students from Kwara State University under the First Lady of Kwara state, Amb Dr Mrs. Olufolake Abdulrahman, and  Ajike People Support Centre Scholarship scheme. CollegeBoost, a university student version of Tekedia Institute Mini-MBA, informally integrates into typical school programs, making it possible for students to master the mechanics of business, irrespective of their academic disciplines.

Students, your schools have prepared you already, Tekedia will simply expand your horizons in market systems. Welcome to our Institute.

To learn more about CollegeBoost, click here.

TikTok, the extremely hot short video company, has hit 1 billion monthly active users and in the process validated the core thesis that AI (artificial intelligence) will drive discovery across all domains of markets. You are statistically better if you have 10 million amateurs who make videos than having 1000 movie legends make videos for users.

More than 1 billion people around the world now come to TikTok every month to be entertained as they learn, laugh, or discover something new. We’re honored to be a home for our immensely diverse community of families, small businesses, and creators who transform into our favorite stars.

On pure statistics, the probability of discovering virality is higher in the 10 million creators than in the 1000 makers.  But in the past, it was hard to do because computing resources to parse those 10 million videos were not readily available. But today, they are. And that has shown again the power of aggregation in digital platforms.

Meanwhile, TikTok parent company is ramping up its ecommerce playbook also: ‘TikTok owner ByteDance plans to launch in October an e-commerce app aimed at international online shoppers, Chinese media The Passage reported Thursday. Like Alibaba’s B2C platform Ali Express, the new app plans to sell Chinese-made products to global consumers. The move comes after Amazon blocked more than 50,000 Chinese retailers for alleged “suspicious behavior,” such as soliciting fake reviews.’ The company has already positioned itself as a platform for brand discovery, and with partnership with many companies, TikTok will pick some advertising revenues from Google and Facebook.

Comment on LinkedIn Feed

Comment #1: Shockingly, UX and perception construct did it. I have learned that startups does not only need to be a solution, or make an analogue/traditional solution mobile but must;

1. Be appealing.
2. Accomodate what people want.
3. Be ingenious to an extent.
4. Ease of use.
5. Communities must be equitably represented.
6. Built on a resilient sustainability plan.

I was a “nayer” at first but downloaded it anyways? I have learned more in TikTok that all other social media combined.

TikTok Hits 1 Billion Monthly Users