What does it take to disrupt traditional ways of fighting poverty, delivering aid, and providing healthcare in Africa? Veteran digital health / healthtech entrepreneur Rowena Luk interviews social entrepreneurs, impact investors, and activists on how they went from an idea to demonstrating impact, raising funds, and creating sustainable social enterprises. For anyone looking for a better way to do good, explore the strategies and tools successful innovators are applying to make change that lasts. AidEvolved.com

Healthcare Financing for the Next Billion with Ikpeme Neto of WellaHealth (Nigeria)

March 9, 2022

Ikpeme Neto is the CEO and Founder of WellaHealth in Nigeria. He's carried this healthtech startup through a major pivot from pharmacy automation to low-cost, tech-enabled health financing. In today's conversation, Ikpeme shares the many entrepreneurial experiments he ran in his early career - before he decided to scrap his entire team and start afresh. He recalls the moment when he decided to risk it all by giving up a comfortable life in New Zealand to come home to Nigeria and make a bet on a new startup. Finally he shares what he learned, and how he learned it, about the market for healthcare in Nigeria, and the role technology can play to bring healthcare financing to the next billion.

 

WellaHealth is an early-stage tech startup that lowers the barriers to access affordable micro-insurance health products. In 2021, WellaHealth successfully raised a seed round of investment, supported 1,500 pharmacies, served over 40,000 people, and grew revenue by 10X compared to the previous year.

 

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