After two startup shutdowns, this founder built a social intelligence platform for creators
Techpoint Africa | Delight Sunny - Jun 22, 2026
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  • Adebanji Oluwatoni transitioned from political science to entrepreneurship, leading to the creation of CloutEye.
  • He co-founded Growly, a fintech startup, which quickly gained traction with 17,000 daily active users before shutting down due to regulatory issues.
  • Oluwatoni's second startup, Hivestak, aimed to connect African users to decentralized finance but faced similar regulatory challenges.
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Oluwatoni's journey illustrates the resilience required in entrepreneurship, especially in navigating regulatory landscapes. His focus on creating value rather than merely chasing trends is a crucial lesson for aspiring founders. The growth of Africa's creator economy presents a significant opportunity for innovation, and CloutEye's approach could lead to meaningful advancements in the region.
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