Predict your next investment

Incubator/Accelerator
armlabs.com.ng

See what CB Insights has to offer

Investments

17

Partners & Customers

2

About Labs by ARM

Labs by ARM is a 12-week intensive corporate accelerator designed to help idea and growth-stage fintech companies commercialize and distribute their innovations.

Labs by ARM Headquarter Location

Nigeria

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Labs by ARM News

5 Nigerian fintech startups selected for Labs by ARM accelerator

Mar 29, 2021

5 Nigerian fintech startups selected for Labs by ARM accelerator Five Nigerian fintech startups have been accepted into the third cohort of the Labs by ARM accelerator programme, designed to support the best post-MVP startups solving the most challenging problems in the financial industry and enterprise. Run by Asset and Resource Management (ARM) and Ventures Platform, Labs by ARM is designed to get post-MVP fintech startups to product-market fit and help them acquire more users, which will be achieved by offering them access to support, mentorship and networks. The third edition of the 12-week accelerator programme commenced this month, and will end with a demo day in June. Selected startups will be engaged in a series of activities aimed at exponentially advancing their companies’ growth and ensuring their investment-readiness. These startups will also receive up to US$50,000 in equity funding, business advisory services, access to ARM’s API and network, as well as free and discounted services, amongst other benefits. The five selected startups are Pass , which is building the fastest one-clock login and checkout for digital commerce; Bongalow , which helps Africans everywhere to shop for affordable home financing solutions from the comfort of their homes; Plumter , which is providing instant, multicurrency accounts for easy local and diaspora banking; Breeze , a payment system that provides Nigerians with forex liquidity needed to trade and transact globally; and House Africa , a digital platform that helps financial institutions and individuals validate properties before investment or purchase. “I am very pleased with this cohort’s selection of startups and believe, given they adhere strictly to the programme, these are the solutions we can expect to transform the fintech and enterprise solution space in Nigeria and for its diaspora,” said Mohamed Felata, programmes director at Ventures Platform.

Labs by ARM Investments

17 Investments

Labs by ARM has made 17 investments. Their latest investment was in Pass as part of their Seed on March 3, 2021.

CBI Logo

Labs by ARM Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/29/2021

Seed

Pass

$0.05M

Yes

1

3/29/2021

Seed - II

HouseAfrica

$0.05M

Yes

1

3/29/2021

Seed

Breeze

$0.05M

Yes

1

3/29/2021

Seed

Subscribe to see more

$99M

Subscribe to see more

10

3/29/2021

Seed

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/29/2021

3/29/2021

3/29/2021

3/29/2021

3/29/2021

Round

Seed

Seed - II

Seed

Seed

Seed

Company

Pass

HouseAfrica

Breeze

Subscribe to see more

Subscribe to see more

Amount

$0.05M

$0.05M

$0.05M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Labs by ARM Partners & Customers

2 Partners and customers

Labs by ARM has 2 strategic partners and customers. Labs by ARM recently partnered with Techstars Startup Weekend on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/27/2022

Partner

United States

Techstars accelerator solidifies Lagos as Africa’s most attractive tech hub

The programme came about through a partnership between Techstars Startup Weekend and ARM Labs , the innovation hub of ARM , an asset management group in Nigeria .

1

4/26/2022

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

4/27/2022

4/26/2022

Type

Partner

Partner

Business Partner

Country

United States

United States

News Snippet

Techstars accelerator solidifies Lagos as Africa’s most attractive tech hub

The programme came about through a partnership between Techstars Startup Weekend and ARM Labs , the innovation hub of ARM , an asset management group in Nigeria .

Subscribe to see more

Subscribe to see more

Sources

1

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.