BLord – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Wed, 24 May 2023 16:25:54 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png BLord – Tech | Business | Economy https://techeconomy.ng 32 32 Davido Shocks Tech Pioneer BLord with $5m Endorsement Fee https://techeconomy.ng/davido-shocks-tech-pioneer-blord-with-5m-endorsement-fee/ https://techeconomy.ng/davido-shocks-tech-pioneer-blord-with-5m-endorsement-fee/#respond Wed, 24 May 2023 16:25:52 +0000 https://techeconomy.ng/?p=102769 In a surprising turn of events, Linus Williams Ifejika, popularly known as BLord, a Nigerian tech pioneer and cryptocurrency investor, has expressed his astonishment when Davido, a well-known Nigerian artist, quoted him a staggering $5 million for an endorsement deal.

BLord took to his Facebook account to share a message and screenshot of his email exchange with Davido’s management. In his initial email, BLord approached Davido with a proposal for a one-year endorsement agreement for his airtime app.

However, Davido’s management responded with a shocking revelation – the artist’s demand was a whopping $5 million (equivalent to approximately N3.7 billion). This amount took BLord and his team by surprise, as their budget for the endorsement was $250,000 (equivalent to N150 million).

BLord, known for his entrepreneurial spirit, had recently made headlines when he turned down a $10 million funding offer from overseas investors for his latest invention, the BillPoint app.

According to him, his company firmly believed that the app had the potential to generate far more revenue than the offered sum in just a few years.

The BLord Group, a fintech firm that has diversified into real estate and other industries, developed the BillPoint app as a response to the challenges faced by traditional banks in handling small transactions like subscription payments, power bills, and recurring utility payments.

With an extensive network of over 30 service providers, BillPoint offers a secure, user-friendly platform for online bill payments, revolutionizing the way people manage their financial obligations.

BLord’s encounter with Davido’s endorsement fee serves as a reminder of the unpredictable nature of the business world, where negotiations and financial expectations can vary significantly.

Nonetheless, BLord remains steadfast in his pursuit of innovative solutions and is determined to make a lasting impact in the tech and fintech sectors

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“I’m Optimistic about the Future”, BLord Rejects $10m Offer to his App https://techeconomy.ng/im-optimistic-about-the-future-blord-rejects-10m-offer-to-his-app/ https://techeconomy.ng/im-optimistic-about-the-future-blord-rejects-10m-offer-to-his-app/#respond Tue, 09 May 2023 11:04:33 +0000 https://techeconomy.ng/?p=101451 Linus Williams Ifejika, commonly known as BLord, a Nigerian tech pioneer and cryptocurrency investor, turned down $10 million in funding from overseas investors for his most recent invention, the BillPoint app.

The founder of the B-Lord Group claimed that he declined the offer since his company anticipated that the app will make far more money than the sum in a few years.

This information was provided in a statement released by his media office as he outlined how the BillPoint mobile app is reviving modernity.

To make it simple for people to pay their electricity and cable TV bills, Linus launched the app in April 2023.

According to him, “The BillPoint app is here to make transactions easy for Nigerians. It is an unarguable fact that no one walks down to vendors to sort their bills any longer when they can do so online that is one of the more reasons this App will succeed and I am optimistic about the future of the app and its acceptability.”

BLord also said it has generated a lot just within days of its launch and it is proof of how valuable the product is, adding that it’s going to solve problems for many users in the coming.

The BLord Group is a fintech firm that has diversified into real estate and other industries over time. Their bill payment service, Billpoint, was developed as a reaction to some of the significant problems traditional banks were having with small transactions like subscription payments, power bills, and other recurring utility payments.

With more than 30 service providers linked to the network, Billpoint offers a secure, simple, and useful way to pay bills online.

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