The Nigerian tech ecosystem has grown exponentially in recent years. Safe to say, this can be measured in the numbers and of course quality of startups the ecosystem has given rise to. Startups have emerged from the Nigerian tech ecosystem cut across various fields of human endeavors with the adoption of the latest cutting edge technology. However, in the midst of this laudable progress is the challenge of sustainability and growth as several startups had soon fizzled out after launch.
Many have attributed this to funding but a deeper observation reveals a lack of basic knowledge and infrastructure as big problems. Here is where First City Monument Bank (FCMB)’s tech-focused and startup- oriented co-working space, Hub One comes in.
More like a nest for exchange and incubation of ideas, Hub One is a conducive environment designed to foster collaboration, partnerships and drive creativity within Nigeria’s tech start-up ecosystem.
This state-of-the-art yet very functional space is great for championing revolutionary solutions to the nation’s challenges leveraging tech.
Located in Yaba, Lagos State, Hub One is endowed immensely for the startups with state-of-the-art office space, unlimited high-speed internet access, and uninterrupted power supply.
Hub One is an FCMB Initiative geared towards its vision of being the preferred financial institution for the tech ecosystem by providing support and ensuring a conducive community for creativity and collaborations.
Also, the hub is a representation of FCMB fulfilling the aspiration of tech startups, which it sees as its future customers.
FCMB’s Hub One is placed strategically to be a hub where the best startups in Nigeria will work from with a goal and that is to ensure FCMB is that financial institution that births modern day innovation.
First City Monument Bank (FCMB) Limited is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. The bank is already delivering on its vision to revolutionize the Nigerian tech ecosystem through the provision of infrastructures, planning, and organizing of tech events to support startups in the ecosystem.