The Consonance Club View: Year in Review with Groundbreaking Startups
Unveiling the Top Startups of the Year...
Hello 👋 Dear Innovator,
Happy Saturday 😊! Happy Consonance Club Newsletter Day.
We hope your Christmas ⛄ is also looking colorful already 😌.
As jingle bells 🔔 are ringing so are the bells of awards and end-of-the-year accomplishments ringing here at Consonance Club 😀.
Today we'll unravel the narratives of groundbreaking startups that captivated attention, introducing ingenious solutions and leaving an indelible mark on their respective industries.
However, not so fast ☝️…
Now…
From cutting-edge technology to sustainable initiatives, these startups not only seized the spotlight but also reshaped the landscape of innovation. Let's travel down the path of creative problem-solving, disruptive thinking, and remarkable achievements that made these startups stand out in the tapestry of entrepreneurship.
Today’s issue is dedicated to every Innovator in the Consonance Club Community of Innovators 🥇. We look forward 😀 to the day we get to spotlight you like this
Let's get into it…
Moniepoint in The Spotlight
From sponsoring reality TV shows to, hilarious TV and social media commercials and featuring on every platform that matters, you'll admit that Moniepoint has worked its way to the top this year.
Moniepoint is known as a Nigerian fintech company that provides point-of-sale (POS) services, allowing users to make digital payments and financial transactions.
However, moniepoint made a decision along the way to replicate its success in agency banking in retail banking by leveraging its distribution strategy.
Little wonder 🤔 Moniepoint is past just point-of-sale services and this is evident through the business registration feature among many others. What 😯 a big problem to solve (note to innovators 🧏). Now thanks to Moniepoint, we could be past long cues at commercial banks.
They identified problems around reconciliation, support, and distribution that no one was addressing and created reliable solutions for agents.
Moniepoint today has evolved to provide banking solutions that enable over 200,000 businesses to collect payments, access loans, manage operations and ultimately grow their business.
With over 1.6 million onboarded businesses and over 10,000 agents across the country, the fintech hopes to leverage its solid agent network to target retail customers.
Starlink The Star ⭐ of the Show
How many companies get launched and dominate their Space 🚀, if it's not a billionaire’s initiative?
Little Background: Starlink is the name of a satellite network developed by the private spaceflight company SpaceX to provide low-cost internet to remote locations.
From Space X to Tesla and now X, we know that Elon Musk is no stranger to the business world 🌍, so let's see the feats he's achieved with Starlink since its launch 🚀.
Consistent followers know that it is not only Elon Musk's efforts that produce record success, but they also know that you have to pay the piper to dictate the tune. All we are saying is that there's a series of boards, executives, and stakeholders involved in the decision-making processes.
The year has been marked with successful launches, upon successful launches of Starlink satellites. How much better can it get? That's right 👍! Only even better from here.
As of July 24, 2022, SpaceX launched 53 satellites in what was the 33rd Starlink launch of 2022. This follows a successful launch on July 22, 2022, in which 46 Starlink satellites were sent into orbit. So far, the company has launched almost 3,000 satellites in low Earth orbit.
Starlink is now available in 67 countries around the World, Northern Mariana Islands and Guam, Maldives, and the Republic of Benin are the latest countries to join the list, according to the Starlink Map which was last checked by InfomediaNG on Tuesday, November 21, 2023.
What a way to end an already great 😃 year!
Indrive With Brains 🧠 Designed to Takeover 💪
Humans love to be in control and on top 💪of the world 🌍 and that's exactly how I feel when you tell me that I can choose my ride for a ride-hailing service.
Most people said ‘Where has indrive been all my life?’ OGs Know where they have always been, however.
inDrive’s story began on June 23, 2013, when a group of innovative minds decided to challenge the injustice of inflated transportation costs. Their solution was simple yet groundbreaking: leverage technology to connect drivers with passengers, ensuring fair prices and fostering a sense of community.
This initiative sparked the inception of inDrive, formerly known as inDriver, in a University community where students came together to solve a real-world problem (note to innovators 😉).
As the world recovered from the pandemic, inDrive’s growth soared. By December 2021, they were operating in more than 450 cities across 32 countries, with 900 employees and an impressive record of 550 million completed trips. In 2022, they solidified their position as the second most downloaded app in their sector, reaching 100 million app installs.
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Notable Reads For The Week as seen on Tech Cabal
At this point ☝️, we could be fortune 🔮 tellers - Payday gets acquired by Bitmama
Sky.Garden relaunches after Lipa Later's $1.6 million buyout
Opportunities
TechCabal is hiring Senior Reporters - Nigeria/Kenya/South Africa
9mobile Nigeria is hiring a Videographer in Lagos, Nigeria
White Light Digital Marketing is hiring a remote Social Media Manager in Nigeria.
Tech365 is hiring in Lagos, Nigeria