ScholarX is an EdFinTech company operating at the intersection of Education and Finance. By linking high potential students with globally dispersed funding paths, we are working on democratizing access to finance.
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
Scholar x injini demo day deck 1128
1. ScholarX is connecting high potential students with funding
opportunities from anywhere In the world,
to put students on a better life path
2. STUDENT’S PROBLEM
Household
income is low
Tuition keeps
rising
FUNDER’S PROBLEM
Fund
Mismanagement,
Trust & Integrity
Issues
Secured, &
Seamless Fund
Management
Process
Bridges this huge gap
4. STUDENT’S IMPACT STORY
Story of Abdulsalam Hassan
FUNDER’S IMPACT STORY
Story of Seyi Shay
WITH SCHOLARX
WITHOUT
SCHOLARX
Indifferent
About Funding
Education
Achieve Impact
Goals
Threat of
dropping out Brighter future
5. TOTAL ADDRESSABLE MARKET
2 million
16 - 24year old
students in Nigeria
100K high
potentials looking
for funding for
specific courses
900,000
who have the
grades
$22bn in
remittances to Nigeria,
circa 10% is looking
for charitable causes
ScholarX
STUDENT’S
FUNDERS’
7. BUSINESS MODEL
Individuals (Diaspora)
contributing to crowdfunding
SkillsFund: Loans to high
potential students
Average 5% interest (micro loan value)3
2
1 We take 10% of amount raised
Organisations that need
scholarships managed
We take an average of10% of scholarship value
Revenue since Sept ‘17: $7,000
Revenue since Jun ‘18: $12,000
9. Acquire and on-board 10,000
Donors within 18 months
Product development
Analytics
User Experience
New capacity/staff
$200K Equity
Investment
$25k committed
ASK
40%
35%
25%
10. MANAGEMENT TEAM
BOLA LAWAL
Co-Founder & CEO
MAXWELL OGUNFUYI
Co-Founder & COO/CTO
DAMILOLA EMUZE
Head of Growth
President of Beta Alpha Psi
(Accounting Honors Org.), University
of Houston chapter (2009)
10 years of Corporate America
Experience in Finance and Project
Management leading the
implementation of $100m Energy
Trading Software
Contact: Email: bola@scholarx.co
8 years in Network/Telecoms
Engineer. (Led deployment of $10M
Network infrastructure)
Passionate Business Analyst with
Success raising over $10,000 for side
Projects.