Adetokunbo Omotosho – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Fri, 06 Mar 2026 09:00:30 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Adetokunbo Omotosho – Tech | Business | Economy https://techeconomy.ng 32 32 Cybervergent Raises $3 Million Backed by Ventures Platform https://techeconomy.ng/cybervergent-raises-3-million-backed-by-ventures-platform/ https://techeconomy.ng/cybervergent-raises-3-million-backed-by-ventures-platform/#respond Fri, 06 Mar 2026 09:00:30 +0000 https://techeconomy.ng/?p=177325 Cybervergent, a security technology company focused on regulatory automation, has closed a $3 million seed funding round aimed at expanding digital compliance and data security services across Africa.

The funding comes as businesses across the continent focus on meeting data protection regulations and corporate governance requirements.

The round was co-led by Ventures Platform through its Pan-African Fund II. Cybervergent said the investment will help achieve its goal to replace slow, manual compliance processes with automated, real-time monitoring systems.

Many companies operating in regulated industries such as finance and healthcare still rely on periodic manual audits to meet compliance obligations.

Cybervergent’s software is designed to put an end to these bottlenecks by providing automated tools that continuously track regulatory and security requirements.

The platform functions as a central compliance layer, allowing organisations to monitor data protection policies and security controls in real time.

Instead of relying on occasional assessments, businesses can identify potential security gaps early and address them before they escalate into breaches or regulatory penalties.

As Africa’s digital economy grows, the need for trusted systems that secure data and ensure regulatory compliance becomes even more critical,” the company said, describing its platform as key infrastructure for businesses operating in regulated sectors.

Cybervergent was founded by Adetokunbo Omotosho and Ayomide I. Daniels. The company already operates in several markets across West, East and Southern Africa, where it provides tools that help organisations automate complex governance, risk and compliance workflows.

With the new funding, Cybervergent plans to strengthen its presence in existing markets while expanding into additional African countries where new data protection laws are driving demand for automated compliance tools.

According to Cybervergent, its system replaces traditional “point-in-time” compliance reviews with continuous oversight, enabling companies to detect regulatory gaps and emerging security risks earlier.

Global Recognition for AI-Driven Compliance

Cybervergent’s approach to using artificial intelligence in compliance has also gained international recognition. In 2025, the company was named a Technology Pioneer by the World Economic Forum, a programme that highlights startups applying emerging technologies to transform their industries.

Industry observers say AI-driven compliance systems are becoming highly important as digital transactions across Africa grow rapidly and regulatory oversight expands.

Rising Investor Interest in Digital Infrastructure

The participation of Ventures Platform shows a trend among venture capital firms investing in digital infrastructure, the behind-the-scenes systems that support secure online services and financial transactions.

As governments introduce new policies around data protection, financial services and digital identity systems, tools that automate compliance and governance are becoming essential for companies operating across multiple jurisdictions.

Africa’s digital economy is expected to expand significantly over the next decade, but analysts say cybersecurity risks and regulatory complexity remain major challenges for businesses operating across borders.

Cybervergent says it aims to provide the infrastructure that allows companies to scale across African markets while remaining fully compliant with both local and international standards.

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Cybervergent Spearheads Effortless NDPA Compliance Ahead March 15th 2024 Deadline https://techeconomy.ng/cybervergent-spearheads-effortless-ndpa-compliance-ahead-march-15th-2024-deadline/ https://techeconomy.ng/cybervergent-spearheads-effortless-ndpa-compliance-ahead-march-15th-2024-deadline/#comments Thu, 08 Feb 2024 23:20:03 +0000 https://techeconomy.ng/?p=124678 In response to the monumental step taken to fortify personal information protection in the Nigerian business sphere, the Nigerian Presidency officially enacted the Nigerian Data Protection Act (NDPA) into law in June 2023.

This groundbreaking legislation marks a transformative shift in how businesses handle personal data, necessitating strict adherence to robust regulations. Non-compliance exposes businesses to substantial financial penalties, potentially reaching 10 million naira or 2% of annual revenue.

Considering this, Cybervergent, a technology firm specialising in automated cybersecurity solutions, is revolutionising the NDPA compliance landscape.

The company facilitates a seamless onboarding process, empowering businesses and organisations to embark on their NDPA compliance journey.

This involves automatically uploading essential documents, real-time monitoring through an intuitive AI-automated interface, and consolidating regulatory documents in a secure location.

The streamlined process ensures the safeguarding of customer data and adherence to stringent compliance and security standards.

Addressing the significance of these services, Adetokunbo Omotosho, co-founder and Chief Executive Officer of Cybervergent, emphasised, “NDPA compliance is not a choice; it’s an imperative for businesses. As organisations grapple with aligning with these stringent regulations and the imminent March 15th, 2024, deadline, Cybervergent has proactively introduced an AI-automated compliance platform tailored for corporations of all sizes. This platform serves as a guide, simplifying the intricate journey towards NDPA compliance.”

Critical features of Cybervergent’s data protection platform include the efficient streamlining of NDPA compliance processes, industry-best-practice security checks, and process automation that replaces cumbersome spreadsheets.

This automated approach includes evidence collection, document uploads, guided workflows, and the generation of early security reports.

“NDPA compliance transcends mere regulatory adherence; it is a strategic business imperative. Compliance cultivates digital trust and transparency, instilling confidence, and loyalty among customers.

The focus on data security inherent in NDPA compliance significantly reduces the risk of personal data breaches, showcasing a commitment to safeguarding customer information.

“Beyond regulatory requirements, NDPA compliance becomes a catalyst for revenue growth. Businesses in compliance are better positioned to meet evolving demands for robust security measures and industry-standard certifications, thereby fostering digital trust and mitigating third-party risks.

“The consequences of non-compliance with NDPA can be severe, emphasising the urgency for businesses to adopt proactive measures. Cybervergent’s experts are ready to guide businesses through the intricacies of NDPA compliance, employing best practices to enhance security and privacy,” added Omotosho.

What you should know about Cybervergent:

  • Cybervergent is a leading provider of AI-automated compliance solutions dedicated to simplifying and enhancing data protection processes for businesses navigating the complexities of regulatory requirements.
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Cybervergent Certified as a Great Place to Work https://techeconomy.ng/cybervergent-certified-as-a-great-place-to-work/ https://techeconomy.ng/cybervergent-certified-as-a-great-place-to-work/#respond Mon, 20 Nov 2023 13:25:05 +0000 https://techeconomy.ng/?p=118459 Cybervergent has recently been certified in the Platinum category by the Great Place to Work Institute following the completion of a full assessment of the work environment and outstanding employee experience.

Adetokunbo Omotosho - CEO Cybervergent
Adetokunbo Omotosho – CEO Cybervergent

The award, which is a measurement of an organisation’s Trust Index score, underscores the company’s commitment to the employees as they remain a key driver of its successes.

According to Adetokunbo Omotosho, the Co-founder and Chief Executive Officer of Cybervergent, as a business, they understand the critical role that cybersecurity plays not only in protecting organisations but also in safeguarding the national security of the country.

Through its proprietary technology, Cybervergent ensures seamless integration, allowing organisations to proactively protect their networks, data, and applications from malicious intrusions.

To this end, Omotosho said, “Our rebranding to Cybervergent signifies a transformative journey from advisory services to a technology powerhouse. Now, our specialised focus on cybersecurity enhances our capabilities to provide tailored, automated solutions addressing the unique challenges faced by modern businesses.

“Cybervergent’s team of seasoned experts and engineers is dedicated to staying ahead of cyber threats, ensuring that businesses are shielded from the ever-evolving digital risk landscape”, he added.

In 2022, the Nigerian financial sector recorded financial losses worth more than N2 trillion to cybersecurity breaches. Hence, Omotosho said there is an urgent need for the Nigerian business community to build a robust cybersecurity solution and resilience to manage future losses.

“In today’s data-driven world, customer trust is paramount. A breach can erode trust and damage a company’s reputation. Prioritising cybersecurity demonstrates a commitment to protecting customer data, fostering trust, and maintaining a positive brand image.

“Many industries have stringent regulations regarding the protection of sensitive information.

“Cybersecurity measures ensure compliance with these regulations, avoiding legal consequences and financial penalties for organisations found wanting.

“As businesses embrace digital transformation, cybersecurity becomes an enabler for innovation. This is because secure digital platforms and emerging technologies empower organisations to explore new business models and stay competitive.

For us, we understand that cybersecurity is not just a defensive measure but a strategic asset that empowers businesses to thrive in the digital landscape. Our solutions are designed to be proactive, adaptive, and aligned with the dynamic needs of modern enterprises. By helping automate the fortification of our client’s our cyber defenses, we contribute to their overall resilience and service to their customers.

“We recognize that cybersecurity is not just a defensive measure but a strategic asset that empowers businesses to thrive in the digital landscape. Our solutions are designed to be proactive, adaptive, and aligned with the dynamic needs of modern enterprises.

“Moreso, Cybersecurity is fundamental in securing critical national infrastructure such as power grids, communication networks, and financial systems. A cyber-attack on these infrastructures could have severe consequences for the nation’s stability and well-being. Cybersecurity is closely tied to the economic health of a nation. Successful cyber-attacks can disrupt national activities leading to economic losses and potential job cuts.

“Constant monitoring and analysis of cyber threats provide valuable intelligence for national security agencies. Collaboration between the public and private sectors is crucial to sharing threat intelligence and responding effectively to emerging cyber threats. In essence, investing in robust cybersecurity measures is an investment prosperity.

“At Cybervergent, we are committed to playing our part in fortifying the cyber defenses that underpins our clients’ and national well-being”, he said.

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