PRESS RELEASE
Jarapoint Doubles Valuation to ₦22 Million in Under 90 Days — Achieves Milestone Within 14 Months of Launch
Lagos, Nigeria — Jarapoint, a fast-growing player in the African digital services and fintech sector, has announced a new valuation of ₦22 million, a major leap from ₦10 million just three months ago. This milestone was reached in only 14 months since launch, reflecting strong product adoption, market fit, and growing revenue performance.
Growth Drivers & Performance Indicators
- Valuation Surge: ₦10M ➝ ₦22M in 90 days
- Active Users: Thousands transacting daily across telecom and digital services
- Product Ecosystem: Airtime, data, VTU, bill payments, vouchers, card printing, APIs, and B2B integrations
- Revenue Momentum: Consistent month-on-month growth driven by repeat usage and agent network activity
Market Outlook
Africa’s digital payments and value-added services sector is projected to exceed $100 billion, with Nigeria driving a significant portion of market activity. With over 200 million telecom subscribers and rapid digital adoption, Jarapoint is positioned to expand across key growth segments, including:
- Telecom and utility digitization
- Agent banking and VTU services
- SME digital voucher solutions
- Merchant and API-driven platforms
Investor Engagement
Following this valuation milestone, Jarapoint is opening discussions with investors, strategic partners, and venture collaborators. Priority investment areas include:
- Nationwide infrastructure scaling
- Technology and product development
- Strategic partnerships
- Market penetration and agent network expansion
“This valuation jump is a strong signal of confidence in our model, our team, and the market we are building for,” the company stated. “Our growth has been organic, technology-driven, and user-centered — and we are now prepared to scale aggressively.”
About Jarapoint
Jarapoint is a Nigerian-based digital service platform offering airtime, data, VTU, bill payments, vouchers, merchant solutions, APIs, and wallet-based services to individuals, SMEs, and agent networks nationwide.
For partnership or investor inquiries, please reach out via official channels.
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