Lagos, Nigeria – At just 30 years old, Josiah Chibueze Mbachu has done what most entrepreneurs only dream of: built a diversified tech empire spanning four industries—and he’s not stopping there. His latest move? A $725,000 acquisition of AI-powered dating platform Matcheggs.com, catapulting his net worth past $20 million and signaling his ambitions to dominate Africa’s $1.2 billion online dating market.
From Zero to Empire: Josiah’s Playbook
2018: Launched Uidigitals – now a top digital marketing agency with clients in 4 countries
2021: Founded SpeedyFame.com – monetization platform for African creators
2022: Disrupted luxury transport with Futura Rentals
2024: Acquired Matcheggs.com – AI dating platform with verified users
Why Matcheggs?
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Solves Africa’s trust deficit in online dating with strict verification
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Already has thousands of active users
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Video profiles + interest-based matching = 35% higher engagement than competitors
The Vision Ahead
Premium Tiers: Subscription models for serious daters
AI Enhancements: Smarter matchmaking, virtual date tools
Pan-African Expansion: Targeting diaspora communities in Europe/US
Industry Reaction:
“Josiah doesn’t wait for trends—he creates them. This acquisition proves African tech isn’t just about fintech anymore.”
— Amaka Eze, Tech Analyst at Future Africa
By the Numbers
$20M+ – Josiah’s current net worth
1.2B – Africa’s dating market value (projected 2025)
10K+ – Matcheggs’ current user base
6 – Countries Uidigitals operates in
What’s Next?
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Telecom partnerships for cheaper data deals
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AI-powered safety features to combat catfishing
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Potential IPO for SpeedyFame by 2026
Why This Matters:
Diversification Done Right: Proof that African founders can win across multiple verticals
Market Gap: Dating apps in Africa grow 22% yearly but lack local nuance
Youth Impact: 60% of Matcheggs users are under 35—a key demographic