Decagon is piloting merit-based loan financing for tech talents in Nigeria

The edtech company is definitely up to something here. It seems as if the company is saying: we are not just another tech talent accelerator. By Loy Okezie, Techloy Editor.

The last time we covered technology training institute Decagon in May 2021, it had just announced that it was building a 23-hectare technology park in Benin City, Edo State near the University of Benin, in collaboration with the Edo State government.

Today, it announced it had raised a $1.5 million seed round and a student loan financing facility of $25 million in partnership with Nigeria's Sterling Bank and the Central Bank of Nigeria.

Decagon is definitely up to something here. It seems as if the company is saying: 'we are not just another tech talent accelerator.'

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