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Quiver was started out of necessity. The three founders; Omololu Bamisile, Ayodeji Adeoye, and Wale Sunmonu Adedeji, being technology and crypto savvy investors needed access to loans using their digital assets portfolio as collateral and found that there were no indigenous companies offering this kind of service. This prompted them to embark on a market survey to gain a deeper understanding of the problem and found that the average Nigerian could not access credit facilities because they often lack the resources that make them eligible. Upon initial validation of the idea to solve this problem, Quiver was founded and incorporated on the 14th of November 2021.
Quiver seeks to become the primary outlet for Nigerians and by extension Africans in the informal sector to access savings and loans while facilitating mainstream adoption of cryptocurrencies by making it easier to send, receive, save, and spend cryptocurrency. Quiver’s goal is to be positioned as the quirky, young spirited crypto savings and loans provider that prioritises user security, privacy, and safety while providing market leading Returns on Investment (ROI) on decentralised finance. The platform is currently in the advanced beta testing stage and on track for launch in early 2023.
BSc. Computer Science Omololu is a seasoned technology professional with a background in Computer Science and over 10 years’ experience leading technology teams to deliver a variety of landmark Systems integration and professional services projects in sub-Saharan Africa.
BSc. Physics Ayodeji holds a Bachelor of Science degree in Physics and a postgraduate master’s degree in management of information Technology from Coventry University. He has experience working on tech projects in a variety of industries, including Agritech.