He quit GTBank, his startup failed: This founder reinvented himself to an exit and venture scale in the diaspora
Techpoint Africa | Delight Sunny - Feb 07, 2026

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- Seyi Fabode worked at GTBank as a Risk Analyst, where he observed the entrepreneurial spirit of loan applicants.
- He transitioned to tech during a financial crisis at a power plant, which inspired him to develop software for trading excess energy.
- Fabode launched Power2Switch in the US, raising $3 million and achieving a successful exit that empowered his team to start their own companies.
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Seyi Fabode's journey illustrates the resilience and adaptability required in the tech entrepreneurship landscape. His insights on leveraging local partnerships and understanding market dynamics in Africa could serve as a blueprint for aspiring entrepreneurs in emerging markets. Further discussion could explore how these principles can be applied across different sectors to foster innovation and growth.
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