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Sycamore
About
An award-winning peer-to-peer lending, savings, and investment platform in Nigeria, focused on bridging the gap in access to finance.
News published about Sycamore
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After two tough years, Nigerian startups could get macro relief
TechCabal - Jan 20, 2026
Nigeria's economy is expected to grow by 4.4% in 2026, according to the IMF. The country experienced a painful adjustment phase following the removal of the fuel subsidy and a new foreign exchange regime in 2023.
Nigerian Economic Summit GroupInternational Monetary FundAfrinvest ConsultingSycamorePricewaterhouseCoopers
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Six founders ask investors questions about venture capital and investing
TechCabal - Jun 09, 2025
Founders from various startups had the opportunity to ask investment professionals about venture capital. Questions included topics like investment thesis, support for founders, and exit strategies.
Launch AfricaRegfylSelarAllaweeSycamore
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Sycamore is raising ₦1 billion to complete $1.5 million debt funding round
TechCabal - May 30, 2025
Sycamore is raising ₦1 billion ($628,000) to complete a $1.5 million debt funding round. The company secured ₦1.5 billion ($943,000) debt from Cascador, a Nigerian entrepreneurship accelerator.
PartechCascadorSycamoreFairmoney
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Day 1–1000: How Tunde Akin-Moses built Sycamore from his living room
TechCabal - May 10, 2025
Tunde Akin-Moses identified a gap in Nigeria's lending system while working in credit at a consulting firm. Sycamore was launched from Akin-Moses' living room with initial funding of around $50,000 from friends and family.
SycamoreLagos Business SchoolFederal Competition and Consumer Protection Commission (FCCPC)Tunde Akin-MosesSecurities and Exchange Commission (SEC)
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Inside Sycamore’s ambition to become a financial powerhouse
Bendada.com - Mar 24, 2025
Sycamore disbursed over ₦40 billion ($27 million) in loans to over 300,000 users in six years. The co-founders faced bizarre collateral demands from potential lenders during their initial pitch.
SycamoreOnyinye OkonjiBabatunde Akin-MosesMayowa AdeosunBedrock
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