Pentouch 
ULE Homes has won $10,000, the prize money for the Moonshot by TechCabal competition which took place in Lagos on Wednesday. The competition was a gathering of the most audacious thinkers and innovators in Africa’s tech ecosystem.
From the thousands of up-starters who applied to participate in the event, ULE Homes was among the final 10 that participated at the Moonshot stage, carting home N15,000,000.
Speaking after the event, the CEO and co-founder of the mortgage company, Omolade Akinwumu, told reporters that the prize money would be used to finish and launch their new website so that the company can go live faster.
”Part of it will also go into building our credit scoring tools to help Nigerians understand and improve their credit profiles. We plan to grow our customer base beyond referrals, and reach more people who need flexible rent solutions. We believe everyone deserves a comfortable place to live and call home, and we’re making that a reality across Africa”, she added.
Chisom Okorie, the COO of ULE Homes, said the moment ULÉ Homes was announced as the winner of the competition , themed: “Building Momentum”, the $10,000 became secondary.
”That figure is fuel for our next steps, but what really hit me was the validation. That prize represents belief in our vision, our team, and our mission. It’s not just $10,000 to us. It is $10,000 dedicated to accelerating the impact we promised we’d achieve. We are going to put every dollar to work solving real housing challenges”.
The comments of the co-founders reflects their commitment to real work, to actually solving the problem. Congratulations Ule homes.
Thanks.