Nigerian mobile fintech, E-commerce platform Get It Done Now (GIDN) is expanding to Spain.
GIDN was founded in mid-2018 by Bode Bamgboye and Alberto Rodriguez after meeting at IE Business School in Madrid, Spain where they both study for an MBA.
How (GIDN) Get It Done Now platform works
The platform allows users to book and pay for handymen, get access to financial services such as insurance and loan. Its one-stop-shop nature as a platform rendering financial products and services has made it a hit.
With over 5,000 users and more than $2 million in loan requests, the platform is enlarging its coast after strong early growth.
“We have over 120 services on the platform, over 5,000 transactions done, we see this is as the beginning. GIDN now covers a necessity,” said Rodriguez.
Get it Done Now is a platform that targets the African population to ensure access to secure and safe services both digital and physical. This will help to close the gap that exists and as well finance the sale of these services.
The platform was self-funded at launch and is currently attracting investors, 3 from Nigeria and 1 from Europe. With the recent investment secured in February, it is already discussing a further round.
So far, it has been operating out of Nigeria but now it is expanding to Spain, Rodriguez’s home market. This also happens to be where the startup’s founders met but also a valid opportunity for other reasons.
“Spain is the main country for African migrants in Europe, along with France and Italy. This has helped in establishing a base there and create more alternatives to fundraising,” he said.
Get It Done Now is working off a commission-based revenue model, with Rodriquez stating that revenues are getting bigger and stronger.
“The growth potential is on the high side and as proof of this we have gotten over 500% loan requests in 2021 than in the entire 2020,” he said.