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Reeple.ai
Techstars '23Lagos, NG · Founded 2022 · 10 employees on LinkedIn · 1 known investors
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Techstars-backed Nigerian fintech offering credit-risk infrastructure and a US/Canada-to-Nigeria remittance web app.
Also known as Reeple
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 2026Reeple.ai is a financial technology company that operates credit infrastructure intended to reduce credit risk and widen credit access. Its platform is described as lowering credit default rates by improving the underwriting process and removing errors associated with bias and manual underwriting, allowing financial institutions to assess creditworthiness and detect fraud, while also helping borrowers determine their credit score and access credit facilities. The company is categorised under banking, credit, finance, financial services and payments, and is listed at seed stage with 1-10 employees.
In April 2024 Reeple launched a cross-border payment product aimed at African diaspora customers. The web app enables money transfers from the United States and Canada to Nigeria, and the company positions it around competitive exchange rates, absence of hidden fees, and real-time tracking of transfers. The product launch was supported by a partnership with Chimoney, a Toronto-based fintech payment infrastructure and API provider and fellow Techstars company, which the company says extends its payment reach to additional African countries and is intended to support future expansion into Europe and Asia.
Founding story
The company was founded in 2022. Tomi Kolawole is CEO and co-founder.
Business model
Reeple provides technology infrastructure to financial institutions for credit underwriting, creditworthiness analysis and fraud detection, and operates a consumer-facing web application for cross-border remittances from North America to Nigeria.
Latest developments
In late April 2024 Reeple announced the launch of its cross-border payment web app for transfers from the US and Canada to Nigeria, alongside a partnership with Chimoney to expand its payment coverage.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Reeple is an early-stage, seed-stage, Techstars-backed entrant in the cross-border remittance and credit infrastructure market, competing with traditional money transfer providers on exchange rates and fee transparency.
Company statements emphasise competitive exchange rates that maximise the naira received by recipients, no hidden fees, and a secured web app with real-time transfer tracking.
Technology
The company's platform is used to improve the underwriting process and reduce errors associated with bias and manual underwriting, supporting creditworthiness analysis, fraud detection and credit-score determination for borrowers. Its remittance product is delivered as a secured web app with real-time transfer tracking, with payment processing supported through Chimoney's payment infrastructure and APIs.
Go-to-market
The company reached consumers directly through its web app at reeple.ai, announced its remittance launch through Nigerian national press, and leveraged the Techstars accelerator network as well as a partnership with fellow Techstars company Chimoney for payment rails.
Financial institutions that underwrite credit and detect fraud, borrowers seeking to establish credit scores and access credit, and members of the African diaspora in the United States and Canada sending money to Nigeria.
Geography
Listed locations include Toronto and Brampton in Ontario, Canada, and Lagos, Nigeria. The remittance corridor served covers transfers from the United States and Canada into Nigeria, with stated intentions to extend coverage to additional African countries and eventually Europe and Asia.
History
Founded in 2022 and backed by the Techstars accelerator, Reeple initially positioned itself around credit-risk and underwriting infrastructure for financial institutions, and in April 2024 extended into consumer cross-border payments with the launch of a remittance web app for the Nigerian diaspora in the US and Canada.
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.
Timeline · 2
launches, deals, and filingsReeple partnered with Chimoney, a Toronto-based global fintech payment infrastructure and API provider and fellow Techstars company, to support its payment processing and extend reach across African countries and, eventually, Europe and Asia.
Reeple launched a web app enabling diaspora customers to send money from the United States and Canada to Nigeria, with stated competitive exchange rates, no hidden fees and real-time transfer tracking.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Reeple.ai | Techstars Job Boardjobs.techstars.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Reeple.ai do?
- Techstars-backed Nigerian fintech offering credit-risk infrastructure and a US/Canada-to-Nigeria remittance web app.
- Who are Reeple.ai's investors?
- Reeple.ai's investors include Techstars.
- Where is Reeple.ai headquartered?
- Reeple.ai is headquartered in Lagos, NG.