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ScholarX

Basic Information

Company Description
ScholarX (specifically ScholarX Technologies Ltd.) is a Nigerian "EdFinTech" social impact startup founded in 2016. The company is dedicated to bridging the educational and funding gap for young Africans by connecting them with financial aid and accessible skills training.

Core Mission and Vision
Mission: To ensure that Africans can access top-quality education at any level worldwide.
Vision: To leverage new-generation IT tools to create a world where Africa fully realizes its human capital potential.
Key Products and Services
ScholarX operates through several specialized platforms designed to address different barriers to education:
LearnAM (Mobile Learning): A localized learning app that provides audio and video content in languages like Pidgin English, Yoruba, Hausa, and Igbo. It focuses on digital literacy, vocational skills (e.g., mobile phone repair), and personal improvement. It is notably accessible on low-cost "smart feature phones" via KaiOS.
Village (Crowdfunding): A platform where students can create fund requests for their education. Sponsors, often from the African diaspora, can fund these requests directly, with money typically paid straight to the educational institution for transparency.
Scholarship Discovery: An app-based service that allows users to search for local and international scholarships based on parameters like state of origin, faculty, and GPA.
QuickStaff: A business-facing service that helps employers upskill their staff and recruit qualified assistants.

Strategic Partnerships
ScholarX has significantly expanded its reach through a strategic partnership with Airtel Nigeria, leveraging the telecom provider's retail footprint to deliver content and even offering device financing to help users acquire preloaded smartphones. The company has also received major support from the GSMA Innovation Fund for its work in digital inclusion
Founder Name
Maxwell Ogunfunyi, Abayomi Johnson, and Bola Lawal
Startup Stage
Idea
Funding Status
Bootstrapped
Business Model
B2B

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