Frequently Asked Questions

We are a Fin-Tech Platform focused on Connecting African businesses to global investors

Get to know about Conectivest

  • What is Conectivest?

    Conectivest is a Fin-tech company focused on connecting African businesses and projects to global investors. we achieve this in 3 ways, namely:

    1. Business/project owners raise capital through Conectivest by applying to launch a 30-90days fund raising campaign

    2. Corporate participants i.e Lawyers and Investment advisers registered on our platform bid to facilitate the investment deal in order to advocate and advise potential investors on the investment opportunity.

    3. Investors on our platform, then recieve intermediary's bidding and investment notifications to proceed to invest if interested.

  • Who is the platform designed for?

    Conectivest services three client groups:

    1. Company/Project founders/owners looking for startup/growth capital

    2. Africa-focused investors looking to provide capital to profitable companies/projects

    3. Investment participants active in and servicing the African investment ecosystem – these include Investment Finance Advisors and Corporate Lawyers.

  • What types of transaction does Conectivest handle?

    We help African companies raise all kinds of capital – equity and term debt. These are typically start-up to mid-market sized transactions between $5,000 and $50m.

  • Who can create a campaign to raise capital on Conectivest platform?

    In order to create and launch a business equity or debt funding campaign on Conectivest, you need to have a registered company.

    Campaign owner needs to be atleast 18 years old and legally permitted to run the campaign unbehalf of his/her company.

    To create and launch a self-sponsored or contract project funding campaign on Conectivest, you must have required documents i.e financial statements, relevant documents for collateral if required etc.

    * Importantly you must have viable and profitable business or project.

  • What industry sectors and countries/regions does Conectivest cover?

    Conectivest is a pan-African, sector agnostic fund raising and investment platform. We cover the entire African continent and all industries provided that the companies are looking for startup or growth capital.

  • Is my information secure on the platform?

    Yes, all information on the platform is password protected and encrypted. We also have a multi-layered IT security system that protects all user information and data on our platform.

  • What charges apply to fund raisers, participants and investors?

    1. For Entrepreneurs, our fees vary depending on how long you want your campaign to be 'live' on our platform. Kindly click to see our pricing page for the full list of campaign fees. Your campaign options include, 30, 60 or 90days

    2. participants pay subscription fees. click to see our pricing page for the full list of subscription fees.

    3. 5% commission is deducted from the total funds raised for entrepreneurs from successfully funded campaigns

  • Are you regulated?

    No, we do not need to be regulated. Conectivest only provides administrative services and does not offer investment advice, endorsements or recommendations of any kind whatsoever, including any recommendation to purchase or sell any security.

    All information included on our platform is the responsibility of the company who has listed the investment opportunity. Conectivest does not function as a broker or a market maker.

  • Does Conectivest invest its own capital?

    No, we do not. Conectivest is a technology platform and as such we only connect the investment opportunities to the relevant investors.

  • Is Conectivest going to disrupt the intermediary investment space?

    Conectivest is an enabler of investment participants and can be used as tool to facilitate investment processes

How to launch a fund raising campaign

  • What is a project?

    A temporary endeavour consisting of a series of tasks and activities, with a definite timeline of execution, used to create a unique product, offer a service or result.

    Start your project campaign Start your business campaign

  • What are the requirements to apply to launch a project campaign?

    For your application to be considered for project financing, it must fulfil the following:

    *Standalone, Unique service provision or product development

    *Definite timeline of execution

    *Known Project Sponsors

    *Repayment plan to Investors should be based on the cashflows from the project.

    Start your project campaign Start your business campaign

  • How does Conectivest screen funding campaign applications?

    We screen all platform users and investment opportunities before they go live on our platform. Our multilayered screening process includes mandatory uploading of all relevant business/project documents which must be verified by the investment advisor and/corporate lawyer assigned to the investment opportunity by the investors (if they accept to use their services).

    Start your project campaign Start your business campaign

  • What is a company?

    A Legal entity formed by a group of people to engage in and operate a business enterprise. This usually entails the production and supply of a products, offering of a service or a combination of both.

    Start your project campaign Start your business campaign

  • What are the requirements to successfully launch a business campaign?

    For your application to be considered for Business financing, it must fulfil the following:

    *Must be a registered business

    *Should have at least two (2) years Financial statements (Balance sheets, Cash flow and Income statements

    Start your project campaign Start your business campaign

  • What motivates investors to invest in a campaign?

    When pitching your campaign, Reach "Return on investment investors" by providing solid financial information, sales projections and the description of exit opportunity. Reach "Equity shares investors" by telling them about the value you create and asking them for input and expertise. Let them help you grow your idea and develop your company.

    It is up to the entrepreneur to answer tough questions from potential investors. Communicate clearly why people should invest in your company and explain passionately why your company is the next big thing. And when your campaign goes live, be sure to answer any questions you receive on your campaign from intrested investors . Build trust. Build rapport. Impress your future shareholders with facts!

    Start your project campaign Start your business campaign

  • How does Conectivest help you succeed?

    What to expect from Conectivest

    Conectivest offers the platform where you can meet with investors. By organizing a meeting place for entrepreneurs and investors, we make the process of meeting and securing investors faster, more centralised and organised. Instead of meeting with each potential investor personally and waiting for their investment decision, you will save time by only uploading one presentation, which has the potential to attract a big number of potential investors.

    During the campaign creation process we will:

    * We assign a personal account manager to your campaign who will guide you through the process and answer your questions. through the online chat platform, email and other means.

    *Give you one round of feedback.

    *You will be guided through the process via a series of informative emails with practical tips and guidelines.

    During the campaign creation process we will:

    * Make one big social media outreach ( Twitter, Facebook and Instagram, email marketing ) to help you launch. This will happen when the campaign is published on the Conectivest platform.

    *Provide the campaign owner with regular marketing support emails that will include suggestions and tips to help you market and promote your campaign.

    *Additionally we will connect you to our network of service providers and partners who may be able to help you with relevant services that you need. You are also able to purchase marketing and consulting services from Conectivest.

    Start your project campaign Start your business campaign

  • If funding does not succeed, what happens to the investors?

    At the close of the campaign period, if the funding goal is not reached (as long as up to 50% is made) Conectivest will contact the entrepreneur to enquire if he/she would still be able to meet their promise on returns on investments to investors given the circumstance. if not, the investor's money will be sent back to their 'account profile' details filled on the platform

    Start your project campaign Start your business campaign

  • Do I have to pay to run a fund raising campaign on Conectivest?

    Yes, our fees vary depending on how long you want your campaign to be live on our platform. Kindly click to check our pricing page for the full list of campaign fees.

    Your campaign options include, 30, 60 or 90days

    Start your project campaign Start your business campaign

  • Step 1. Application

    The first step in the fund raising process is getting a good application submitted to the Conectivest Team

    Application

    * If you are interested in creating a fund raising campaign with Conectivest, the first thing you should do is submit a 'pre-approval' application. The form takes around 10 minutes to fill out and gives the Conectivest team an overview of your company or your project. Based on this information, the team makes a judgement of whether you can begin creating a campaign or not.

    * It's important that the application is informative, concise and easy to understand.

    My application was declined, can I submit it again?

    * Yes, you can submit your application again. Make sure to thoroughly go through the application process and elaborate on the questions as good as possible.

    Start your project campaign Start your business campaign

  • Step 2. Application

    We take you through the campaign process on Conectivest

    Campaign Creation

    * The campaign creation process has a form-like structure and is divided into different sections including Basic, Product, Market, Execution, Finance, Team, Pitch, Gallery and Documents.

    Each section provides specific subheadings under which you have a limited space (of 100 words) to write about your company, attach documents and upload images.

    Campaign Creation Process

    * Once your application has been 'pre-approved to the campaign creation phase, you will have to 'pay' for a the campaign duration option you selected. whether 30, 60 or 90days respectively.

    * Conectivest follows the following process for the campaign creation:

    * 1. Start writing your campaign until you feel satisfied with the content.

    * 2. Hit Submit

    * 3. Your Account Manager at Conectivest will give you one round of feedback

    * 4. You make corrections based on the feedback

    * 5. Hit Submit again!

    * 4. The campaign goes to the Conectivest Approval Committee, which either approves the campaign or declines it. If the Approval Committee approves the campaign, It enters straight into the public round.

    Start your project campaign Start your business campaign

How to invest in an investment opportunity

  • Who can invest on Conectivest Platform?

    Professional investors, Angel investors, high-net worths, VC firms, everyday investors and your own community.

    live investment opportunities

  • How do i start investing?

    If you have found a campaign that you are interested in, here are the steps to follow:

    * Show your interest by accepting to vote for your preferred lawyer and investment adviser bidding for the project or business campaign - then vote based on your preferred choice. (you will receive a notification to vote from bidders as email notification or notification on your dashboard or your account profile

    * Show your interest by accepting to vote for your preferred lawyer and investment adviser bidding for the project or business campaign

    * Show your interest by clicking the 'Campaign' on the investment opportunities page.

    * This will reveal more information about the campaign that includes, documentation, financials, business plans and much more.

    * On the investment opportunity page, you can chat directly with the Entrepreneur, successful lawyer and investment adviser on the live chat to make any further enquiries needed to make an informed investment decision.

    * Once you have made a decision about the campaign you can move forward by clicking the button 'invest now'.

    * You will be asked to enter how much you would like to invest (for example NGN 5,000) as well as some personal information that will allow the entrepreneur know who is offering to make an investment into this campaign.

    * All campaigns on Conectivest have a funding goal once you proceed to pay for your investment, you will be prompted with payment instructions in order to complete the investment cycle.

    * Once you have made the payment (all campaigns on Conectivest are funded with bank-to-bank transfers, or payment through other gateways i.e Paystack etc. The payment is sent through Conectivest account to the entrepreneur's account after the campaign period. This is done only if the funding goal is reached or the entrepreneur aknowledges despite not reaching his/her goal to still come through with his/her promise of ROI or Equity as the case may be.

    live investment opportunities

  • What is asked of me as an investor?

    If you have found a campaign that you are interested in, here are the steps to follow:

    * By clicking 'invest' in a campaign, you show your interest in investing in the company/project running a fund raising campaign. The monetary transaction takes place within the platform.

    * Additionally, you will be required to include the percentage bid in addition your investment amount for the extra services of your lawyer and investment adviser. (in the case where one is selected to be part of the deal process)

    * You commit to the investment at the stage of investing on the platform by signing a shareholder agreement. Additionally, you should share the news of this company with your network! Help the campaign succeed by getting your like-minded friends and network involved as investors!

    * After the campaign has reached 100% of its funding goal or exceeded its campaign period, the campaign will expire, and no more investments can be made there after.

    live investment opportunities

  • What are the risks involved when making an investment?

    As with all types of investment, there are big risks (and potential gains) Be invest-aware!

    * No investment decision should be taken without a clear understanding of the risks involved.

    * This above-mentioned should not be taken as investment advice and all commitments on the platform should be made at your sole discretion.

    live investment opportunities

  • Are there any additional terms relating to my investment?

    Yes, The signed contract agreement by the entrepreneur is provided in the 'investment proposal' section on the 'invest page. it is usually also under the 'Documents' Tab

    In addition to this, more documents could be demanded from the entrepreneur (using the services of the assigned lawyer or investment adviser) on the 'Live chat' when the campaign is live. Modifications may also be made when the campaign is live.

    live investment opportunities

  • Can the investment conversation be taken outside the 'Conectivest Live Chat' ?

    Well, you do so at your own risk because the information shared on the live chat is meant to serve as further evidence of transaction among all the parties of the transaction.

    live investment opportunities

  • Do I get notified when a campaign successfully reaches its goal?

    Yes, You will get an email notification to this effect.

    live investment opportunities

  • Can I update or cancel my investment?

    You can only cancel your investment if the campaign period is still open. You just need to send us an email to support@conectivest.com explaining why and what you want us to help you with.

    live investment opportunities

  • If funding does not succeed, what happens to the investors?

    At the close of the campaign period, if the funding goal is not reached (as long as up to 50% is made) Conectivest will contact the entrepreneur to enquire if he/she would still be able to meet their promise on returns on investments to investors given the circumstance. if not, the investor's money will be sent back to their account details filled on the platform

    live investment opportunities

  • Can I ask the entrepreneur questions about their business?

    Yes, you can reach out to the entrepreneur, the assigned lawyer and investment adviser (if any) through the 'live chat' functionality' or any of their contact details provided on the 'investment details' page

    live investment opportunities

  • Is the amount I invested displayed publicly on Conectivest?

    No, The amount you choose to invest is never shown to the public. Your investment-related information will only be available to the campaign owner of a company you choose to invest in, as well as selected members of the Conectivest team.

    live investment opportunities

  • Who pays the transfer or transaction fees?

    Any transfer/transaction fees are covered by the investor making the investment. This is also applicable for successful project and businesses who have repaid their investors principal sums and returns on investment . Be sure to include your payment reference when making the transfer

    live investment opportunities

  • Through what means will investors get paid their principal sum and ROI?

    Loans will be repaid back to investors for successful projects and businesses after the entrepreneur has credited the account of Conectivest with the full sum, Conectivest after payment confirmation will inform investors and then transfer the money their bank accounts available on their account information on their 'account profile'

    live investment opportunities

  • Are there any other addtional fees to pay apart from 'transfer fees'?

    Yes, the investors will be required to pay for the services of participants i.e Lawyer and or Investment Adviser assigned to the investment deal (if at least 50% the interested investors unanimously agree to use their services). The participants will be required to bid a percentage of the funding goal, which will be transferred to them in two tranches, firstly, after the campaign is completed and funds are raised, lastly, when principal and ROI's are returned to the investors

    For example, If the funding goal is N100,000 and an investor decides to invest N10,000, the assigned lawyer and investment adviser bidded for 1% and 1% respectively; the investor will be required to pay a total of N10,200 (which is 2% of his investment sum).

    live investment opportunities

  • As an investor, how do I know which lawyer or investment adviser to vote for

    You'll have access to their linkedIn accounts profiles in addition to their profiles on Conectivest platform.

    After every investment deal, entrepreneurs and investors will be required to rate participants. this can also help in informing your decision.

    live investment opportunities

How participants add value to the investment process

  • Who are participants on Conectivest Platform?

    These are corporate Lawyers, Investment advisers etc. that help to facilitate investment deals by helping the investors understand all the legal requirements and risk potentials of investment opportunities on Conectivest respectively

    Join Conectivest

  • What is my role as a corporate lawyer on Conectivest Platform?

    It is your duty to scrutinize the investment deal and provide investors with the legal requirements of the deal.

    Join Conectivest

  • At what point does my job end as a lawyer for a particular investment deal?

    Your job ends at the stage where investors funds and ROI are returned by the entrepreneur.

    Join Conectivest

  • What is my role as an investment adviser on Conectivest Platform?

    Your job is to advises potential investors on any deal they are attached to and even guide the conversation and suggest new terms for a deal (on the live chat).

    Join Conectivest

  • At what point does my job end as an investment adviser?

    At the close of a campaign.

    Join Conectivest

  • Who pays for the services of participants on Conectivest?

    The fees of the lawyers and investment advisers are paid by the investors interested in a particular investment opportunity

    Join Conectivest

  • How do i bid to be part of an investment deal?

    When businesses and projects successfully launch their campaign on our platform, Conectivest team will notify all the registered participants on the platform through their registered emails and notifications on their personalized dashboard, where you will be asked to bid a percentage of the entrepreneur's funding goal (usually between 1-10%). This bidding request will subsequently be sent to the interested investors to vote for their choice lawyer and investment adviser

    The lawyer and investment adviser with the highest votes will be automatically assigned to advise the interested investors of that particular deal and also follow-up with the entrepreneur long after the fund raising period.

    Join Conectivest

  • How do i communicate with the investors and entrepreneurs?

    Essentially, all communications are expected to take place on the the 'live chat' for any particular investment opportunity.

    All transactions here (upload/downloads) may be stored and retrieved for future use by any of the investment stakeholders.

    Join Conectivest

  • How do i get paid for my services as a lawyer or investment adviser?

    The interested investors of a particular deal, would be required to include percentage bid agreed of the funding goal bidded by the participants in addition to their investment amount. This is done at the point of investing.

    For example, If the funding goal is N100,000 and an investor decides to invest N10,000, the assigned lawyer and investment adviser bidded for 1% and 1% respectively; the investor will be required to pay a total of N10,200 (which is 2% of his investment sum).

    After a successfully funded campaign on Conectivest, the assigned lawyer would be paid in two installments .

    Firstly, 30% of his full sum will be paid when the funds are transferred to the entrepreneur (at the close of the campaign) and the remaining 70% would be paid when the entrepreneur returns the funds and ROI to his/her investors.

    As for the investment adviser, your full sum will be paid when the campaign closes.

    Join Conectivest

  • Do I have to pay a fee to Join Conectivest to bid for investment deals?

    No. you will have a one time free trial to bid for investment deals

    You will be required to pay a monthly/yearly subscription fee after your first successful deal

    Join Conectivest