StageSeed VC - II | Alive
Riby operates as a digital and financial services company. It builds digital platforms to promote collective growth. Its products include a digital cooperative management platform, its agency banking mobile application for all financial services, a cooperative collection and management application, and more. The company was founded in 2016 and is based in Lagos, Nigeria.
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Expert Collections containing Riby
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Riby is included in 1 Expert Collection, including Fintech.
Latest Riby News
Apr 13, 2023
How Temitayo Isiaka ditched a career in economics for human resources My Pivot Journal is a Ventures Africa weekly series documenting people’s career transitions from one industry to another, especially to tech. Temitayo Isiaka is a people’s person. She loves to organise things and make people very comfortable. Her strong flair for calculations and analysis led her to study economics in her first degree. But while at it, Isiaka discovered what her true love was- Human Resources. Here is her pivot journal. How it started My name is Temitayo Isiaka. I am from Edo State (Nigeria). Looking at my state of origin, some people wonder why I bear Yoruba name (laughs). But my people also bear such names. I was born and bred in the bustling city of Lagos. Honestly, I am a very organised and logical person. Growing up, I took a liking to organising things and bringing people together. Some thought I would be great in the arts but I defied that belief when I went on to study Economics for my first degree at Olabisi Onabanjo University, Ogun State. I later graduated in 2015. Professionally, I started working quite early, while I was still an undergraduate. I had pre-B.Sc administrative experience from different sectors for over 4 years. Epiphany Working in a corporate environment in those early days helped me hone my people skills. I guess that was where my passion for Human Resources first got cultivated. Each workday, I looked forward to the joy I felt managing people, processes, and policies and enabling them to achieve a general goal. But I didn’t take on a full HR role until years after graduation. About 3 years after my first degree, I started my journey into Human Resources, fully. That was about 5 years ago. My first-year experience was with an IT company. In 2018, a friend told me about an opening in a fintech company. I was so happy. But in the midst of my excitement, I soon realised that the fintech space was a different ball game entirely. Thus, I had to learn how the space functioned, the culture, the people, the language, the expectations, the market, the products and the right policies to implement. Temitayo Isiaka, Lead, People Operations at Riby. Transition My first visit to the fintech startup got me thinking, “Is this even a workplace?” I mean, how could people wear shorts to the office? Can I function in this setting where there is soft music playing in the background? (laughs) I was coming from a very corporate space, so I felt this was unfamiliar territory. Guess what? It has been the best decision so far. At the time I came on board the team, the company had little structure in place so I took the initiative to put things in order. I did a lot of reading, made research, consulted seniors in the field, learn, unlearn and relearn. I began to take online courses on Allison, and Coursera on tech recruitment, Performance evaluation, and policy management. Furthermore, I joined the HR tech community on Twitter and followed certain HR professionals on LinkedIn. I did my SWOT analysis, understood my new assignment and immediately began to learn the ropes to enable me to hire the right skill sets and also help communicate with the developers. By the time I was leaving the company a year later, I had helped with its strategic restructuring which is still implemented to date. Later, I moved to another fintech company. I believe strongly that the grace of God brought that opportunity to me but then, my previous one-year of knowledge gathering, skill polishing and strategic research gave me a soft landing on the job. Being an HR professional in the tech space has brought me nothing short of growth to me. In the last 4 years, I have gathered the right skill sets to function in the tech space and retain my talents. From recruitment to onboarding, performance appraisal, training and development, policy drafting and implementation, employee compensation and employee retention. Of course, there were challenges and tough times but the ability to proffer a lasting solution and my love for the job keeps me going. How it’s going I currently work as Lead, People Operations at Riby , a fintech startup that assists people in economy clusters, SMEs, cooperatives, and trade groups to access financial services through its digital platforms. My job entails managing the team and business administrative functions. Ensuring workers have the needed tools to carry out their jobs, management goals are being achieved, government regulations are followed and everyone is happy. I am that HR that is approachable, so we create a safe environment for employees, especially in their times of vulnerability. We have created a very family-centric (clan) system with a mix of Market-Driven Cultures. In the first 2 months of my employment at Riby, I studied the culture, learnt the business focus and engaged my direct boss a lot. The job is not all rosy. I mean, managing my schedule was a challenge while learning but I never had a rethink because my passion for Human Resources keeps me going. When I get overwhelmed, I replay the good days and shake off the bad feeling. One of the challenges I have faced in recent days includes talent retention. Tech talents are like hotcakes and the competition is willing to pay more to hire them. But we found a way to keep most of them by introducing certain mechanisms and incentives at Riby. Furthermore, I am currently running my M.Sc in Industrial and Labour Relations (Human Resources) at the University of Lagos. I am also working on professional certifications. Career hack Do research, run programs (online and offline), keep applying for positions and don’t get discouraged at failed interviews. Notice the areas that made you fail these interviews and work on them. Attend tech seminars and start building your network. Author
Riby Frequently Asked Questions (FAQ)
When was Riby founded?
Riby was founded in 2016.
Where is Riby's headquarters?
Riby's headquarters is located at Block G House 4, Lagos.
What is Riby's latest funding round?
Riby's latest funding round is Seed VC - II.
Who are the investors of Riby?
Investors of Riby include Kepple Africa Ventures, Forbes Digital Startup Accelerator, EFInA, Microtraction, Google for Startups Accelerator: Africa and 4 more.
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