Despite early skepticism, Sycamore has grown into a mid-sized team of over 60. @AkinMoses1 recounts to TechCabal how the startup grew from a simple lending idea into one of Nigeria’s quietly resilient fintech stories
Read the full story here: https://t.co/xacbxt3q2P
Meet Babatunde Akin-Moses, Co-Founder of @SycamoreNG ; winner of ₦1.5 billion at the 2025 Cascador Catalytic Fund!
@SycamoreNG is on a mission to empower people and businesses across Africa with tailored financial growth solutions.
Starting humbly from a bedroom in 2018, Babatunde and his team set out with a clear goal: to give people and businesses the financial tools to achieve their dreams. Fast forward to today, Sycamore has grown into a powerhouse of over 100 team members, disbursed more than ₦22 billion in loans, and helped users save over ₦20 million.
With a deep commitment to financial inclusion, Sycamore is ensuring that individuals and businesses have access to the credit, savings, and support they need to grow. Their impact continues to expand. This ₦1.5 billion fund will further fuel their ability to serve and scale across the continent.
#Cascador #CascadorPitchDay2025 #CatalyticFund #BabatundeAkinMoses #Sycamore
One of my biggest highlights last year was spending time at Draper University and soaking up the Bay Area's energy. I'm excited to be executing on some of those insights at Sycamore, as I believe they will propel us to the next level.
This incredible experience was made possible by the @nsia_nigeria’s Innovation Prize we won. If you're an entrepreneur in agriculture, healthcare, or education, I highly recommend applying!
Beyond the grant and equity prizes, making it to the top 10 and spending weeks in Silicon Valley is a game-changer.
Apply now: https://t.co/o45MalTniR"
PS: Photo taken at the founding home of HP: widely considered the birthplace of Silicon Valley.
Really enjoyed reading this article from Condia about what we are building.
It's incredible surreal to be described as a "financial powerhouse" even if that's not what we set out to build. We are simply building things our customers want, and that's what we plan to keep doing.
https://t.co/OVih0DRwGs
Sycamore wouldn’t be Sycamore without its Sytizens! 🥳🥳🥳🥳🥳🥳
Dive in and hear our stories about what makes working here so special 💚💚💚💚💚💚
#6yearsofmore#ANewEra#Sycamoreforyou
It’s Monday, and a great time to share why @SycamoreNG is celebrating today: because it’s all for you.
1. Introducing Sycamore Investment and Asset Management Limited (SIML)—officially licensed by the SEC to serve your investment needs.
2. Welcoming Gbenga Magbagbeola as MD of SIML. With his experience as the former MD of ARM Securities, he’s here to drive value for you.
3. A new multi-currency mobile app, built for you. Now you can invest in FX and securely hold funds in multiple currencies with ease.
4. And of course, it’s our 6th-year Founders’ Day! Six years of growing with you, and we’re just getting started.
Some of these have been in the works for a while, and we’re excited to finally share them. But there’s more ahead: we’re committed to building solutions that serve you even better.
Thank you for being part of the journey. The best is yet to come.
#6YearsOfMore #MoreForYou
Congrats to @AkinMoses1 & the Sycamore team, big news 🙌🙌
Nigerian lender Sycamore expands into asset management with SEC licence https://t.co/6eJQz0p5P0
If you want to discuss transactions, contracts and anything law related, please send a message here — @_ekaji
If you need a lawyer to walk you through the peculiarities of our legal system, you can reach out also.
See you at the other side. 🥂