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BuyPower
YC W17Federal Capital Territory, NG · Founded 2016 · 115 employees · 6 known investors
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BuyPower operates a bill payment platform serving African individuals and businesses, offering consumer energy bill payment, vendor payment services for businesses, and an energy data product for lenders conducting credit assessments.
Also known as Datapex Drifty Technologies · Datapex Drifty Technologies, Buypower · Buypower Inc. · BuyPower Inc.
Founders & leadership· Y Combinator alumni (W17)
BuyPower was founded in 2016 by OJIMA BENJAMIN UFARUNA and Asehinde Oladipo.
Investors · 6
How we know: Emles Venture Partners's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: MAVA Ventures's portfolio page · Y Combinator's founder network · Not right? Tell us
How we know: Musha Ventures's portfolio page · funding news · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us
How we know: the Y Combinator directory · funding news · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
How we know: Y Combinator's founder network · Not right? Tell us
Company profile
researched Aug 2026BuyPower is a Nigerian bill payment company that lets consumers pay energy bills online and via mobile apps, and lets businesses pay vendors, including international vendors. Alongside electricity, its consumer products cover data bundles, airtime and TV subscriptions, distributed through web, the App Store and Google Play. The company also operates an Energy Data Service, a proprietary data product intended to help lenders make credit decisions.
The company's stated mission is to simplify bill payment and utility payments, support energy access in Africa, and help African SMBs manage their financial health. Its consumer Android app, published under the developer name Buypower Inc., has surpassed 500,000 downloads and describes coverage centred on Nigeria with expansion across Africa. Related apps published by the same developer include Buypower Pass, Buy Power Pass Security, BuyPower Merchant and AviTaxi.
Business model
BuyPower provides a payment platform through which individuals purchase electricity and other utility services (data, airtime, TV) and through which businesses settle payments to vendors, including international vendors. It additionally packages usage/energy data into an Energy Data Service sold to lenders for credit decisioning.
Traction
The Android consumer app has recorded more than 500,000 downloads, and the company reports a team size of 115.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as a bill payment platform for Africa spanning consumer utility payments, business vendor payments and energy data for lenders.
Technology
Consumer-facing web and mobile applications for Android and iOS handle electricity, airtime, data and TV purchases; a merchant application serves business users. The company describes a proprietary Energy Data Service used as an input to lending decisions.
Go-to-market
Distribution is primarily direct-to-consumer through the company's website and its apps on Google Play and the App Store, with separate merchant and pass applications for business users.
African consumers paying household energy and utility bills, businesses and SMBs making vendor payments including cross-border vendor payments, and lenders that use energy data for credit assessment.
Geography
Headquartered in Abuja, Federal Capital Territory, Nigeria, with the consumer app serving electricity purchases in Nigeria and stated expansion across Africa. The Google Play developer record also lists a United States address in Cypress, Texas.
History
BuyPower was founded in 2016 and participated in Y Combinator's Winter 2017 batch. As of the Y Combinator listing it employs 115 people and is marked as active.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 5
Companies working in the same space as BuyPower.
Timeline · 1
launches, deals, and filingsBuyPower is listed as a Y Combinator Winter 2017 batch company.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 2
corporate structure▸Research sources · 6
primary sources listed
- BuyPower - Apps on Google Playplay.google.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does BuyPower do?
- BuyPower is a Nigeria-based bill payment platform for African consumers and businesses, focused on electricity and utility payments.
- Who founded BuyPower?
- BuyPower was founded by OJIMA BENJAMIN UFARUNA, Asehinde Oladipo in 2016.
- Who are BuyPower's investors?
- BuyPower's investors include Emles Venture Partners, MAVA Ventures, Musha Ventures, Y Combinator, Agrolimen Ventures, Venture Investment Associates.
- Where is BuyPower headquartered?
- BuyPower is headquartered in Federal Capital Territory, NG.