Obi Agbo for Remote Gravity
Remote Gravity is an address verification platform for emerging markets.
This past month, we signed an SLA agreement with a client with terms structured around a minimum of 40,000 physical address verification requests per month. We executed 5 demos and onboarded another lender (Nolt Finance) onto our address verification application while dedicating most of our attention to ensuring the Renmoney MFB team has a successful experience using our application. We also concluded our Nigeria Data Protection Regulation (NDPR) Compliance Audit; a process that's taken us 2 months to complete.
A KYC company signed an SLA agreement with us committing to use our service with terms structured around a minimum of 40,000 address verification requests monthly.
Remote Gravity is officially NDPR compliant. This means we meet the requirements to store and process personal data in Nigeria. It's a milestone moment that we're proud of! Below is a picture of the trust mark we were awarded.
We were invited to participate as mentors for the Tomorrow's Entrepreneur Institute pitch competition hosted by the Multicultural Center at Illinois State University. Glad to share that our mentee Jael Oriekaose was one of five recipients awarded funding during the competition for his startup Star Tilda Audio; a next-generation tech company that provides intuitive plugins that can 10x productivity for music producers.
Experienced investors! We need your help. We're looking to get feedback on our pitch. Ideally, this would be via a 30-minute conversation where we share our pitch, model, and current traction before allowing you the opportunity to poke holes where you see fit. If you're interested or know someone who is, please let me know. Thanks!
Address verification application:
- New fields have been added to the application to optimize data collection, download PDF reports, and support real-time analytics.
API/Dashboard (Agent Service):
- Updated the values for the field that provides verification status
There was a technical requirement made by a lender that turned out to be difficult to implement due to the architecture. We spent weeks building a solution and ended up having to backtrack due to what we believed would be a bad user experience.
April 2024
Address Verification Application:
- Hundreds of addresses have been processed through our customized verification applications, with about an 80% completion rate.
API/Dashboard (Agent Service):
- We recorded ~90% completion rate for all addresses that came in through our API/Dashboard.
Until Next time,
RG ✌🏾