Fundraising Fox
Glover Technologies
DefunctTechstars '22Lagos, NG · Founded 2021 · 97 employees on LinkedIn · 1 known investors
Find your way into Glover Technologies
Sign up to see every warm intro you have to Glover Technologies
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Glover Technologies team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Glover operated a platform for buying and selling gift cards, positioning itself as a one-stop shop for customers. The company has wound down operations and is no longer available.
Also known as Glover · Glover Technologies Limited
Investors · 1
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
Company profile
researched Sep 2026Glover Technologies operated a digital assets marketplace for consumers in sub-Saharan Africa, centred on the buying and selling of gift cards. The platform also supported conversion of excess mobile airtime into cash, payment of utility bills through a Refill service, and purchase of e-tickets, with the stated aim of acting as a single destination for these transactions within a connected financial ecosystem that facilitated cashless payments.
The company was founded in 2021 and headquartered in Lagos, Nigeria, with a listed office address in Victoria Garden City, Lagos, and was described as a digital asset trading company serving investors and asset managers. Damilola Layode is identified as chief executive officer. By January 2023 it reported more than 130 employees and coverage described it as a leading gift card marketplace in the sub-Saharan region.
Glover has since ceased trading. Its website states that after careful consideration the company wound down operations and is no longer available for buying or selling gift cards, with support contact retained for outstanding balances and account questions and an invitation for parties interested in acquiring its data or exploring other business opportunities.
Founding story
Glover was founded in 2021 and was inspired by the aim of facilitating the buying and selling of gift cards, later broadening to airtime conversion, bill payments and e-tickets as part of a wider financial services ecosystem.
Business model
Glover ran a consumer marketplace for digital assets, intermediating the purchase and sale of gift cards and the conversion of surplus airtime into cash, alongside bill-payment (Refill) and e-ticketing services delivered through an app and website with an in-product wallet.
Revenue derived from its gift card, airtime conversion, bill payment (Refill) and e-ticket marketplace services; specific pricing or fee terms are not stated.
Traction
In its first year of operation the company reported rapid growth, employing more than 130 people as of January 2023 and expanding beyond Nigeria into Ghana and other West African markets.
Latest developments
Glover has wound down operations. Its website states the app, website and all gift card trading services are permanently discontinued, no new sign-ups, transactions or wallet top-ups are accepted, and enquiries about outstanding balances, data acquisition or other business opportunities should be directed to its support address.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Glover was described in early 2023 as the leading gift card marketplace in the sub-Saharan region and as one of the fastest-growing startups in Africa before it ceased operating.
Glover positioned itself as a one-stop shop combining gift card trading with airtime-to-cash conversion, utility bill payments and e-ticketing in a single connected ecosystem, and pointed to fast, smooth transaction handling as a source of customer trust.
Technology
Glover built a platform for exchanging value within a connected ecosystem, supporting cashless transactions across gift cards, airtime, bill payments and e-tickets via an app, website and user wallet.
Go-to-market
Glover reached consumers directly through its app and website and participated in the Techstars Toronto Accelerator Program, which provided mentorship, workshops and access to an investor and corporate network.
Consumers in Nigeria, Ghana and the wider sub-Saharan African region trading gift cards and airtime and paying utility bills; the company was also listed as serving investors and asset managers in digital asset trading.
Geography
Headquartered in Lagos, Nigeria, with an office address at 2A Swisstrade Drive, Victoria Garden City, Lagos, a presence in Ghana, growth into neighbouring West African countries, and stated plans for pan-African expansion.
History
Founded in 2021 and based in Lagos, Nigeria, Glover described strong growth in its first year of operation, employing more than 130 people by early 2023 and extending into neighbouring West African markets, including Ghana. In January 2023 it was announced as a participant in the Techstars Toronto Accelerator Program, Winter Batch 2022. The company subsequently wound down, stating on its website that the Glover app, website and all gift card trading services were permanently discontinued and that no new sign-ups, transactions or wallet top-ups were being accepted.
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 · 6
Companies working in the same space as Glover Technologies.
Timeline · 3
launches, deals, and filingsGlover was selected for the Techstars Toronto Accelerator Program, a three-month program offering mentorship, workshops, fundraising opportunities and access to Techstars' investor and corporate network.
The company operated out of Lagos, Nigeria with a presence in Ghana and stated plans to expand across the continent.
Glover announced on its website that it had wound down operations; the app, website and all gift card trading services were permanently discontinued, with no new sign-ups, transactions or wallet top-ups accepted. The company directed customers with outstanding balances or account questions, as well as parties interested in acquiring its data, to support@gloverapp.co.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Glover Technologiesgloverapp.co · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Glover Technologies do?
- Lagos-based gift card and digital assets marketplace, founded 2021, that has wound down operations.
- Who are Glover Technologies's investors?
- Glover Technologies's investors include Techstars.
- Where is Glover Technologies headquartered?
- Glover Technologies is headquartered in Lagos, NG.