Damilare Ajiboye is a highly talented Nigerian software engineer and business leader.
As the founder of Ocean Trends Digital Limited, he is famous for building successful apps that help people with money, health, and education. He is known as a “coder-CEO” because he still writes the actual code for his companies rather than just sitting in boardrooms.
Damilare Ajiboye: The Independent Builder of Global Software
Early Life and Background
Damilare Ajiboye was born and raised in Nigeria, starting his early tech journey in Ilorin, Kwara State. From a young age, he was fascinated by how computers worked. He began teaching himself how to write code in 2011. Living in Nigeria showed him that many everyday services—like getting loans, paying utility bills, or managing health records were slow and broken. He decided to use his computer skills to make these tasks simple and fast.
Family Background
Damilare grew up in a household that valued education, self-reliance, and community development. While he keeps his immediate family life private, his style of building businesses shows he values trust and honesty. Instead of looking for quick fame, he focuses on creating long-term value to support his community and family.
Education
Damilare has a unique educational background that combines numbers with computer programming:
• Accounting Degree: He earned a Bachelor’s degree in Accounting from the National Open University of Nigeria (NOUN) and became a chartered accountant with ICAN. This helps him understand how money flows in business.
• Computer Science Degree: To back up his practical coding skills, he moved to the United Kingdom to study for a B.Sc. in Computer Science at the University of Wolverhampton.
• Professional Status: He is also an active member of global tech groups like the British Computer Society (BCS).
Early Entrepreneurial Journey
Unlike many tech founders who start by asking rich investors for money, Damilare started small. In 2017, he founded Ocean Trends Digital Limited in Ilorin with just a few engineers. He used his own small savings and the money he made from early coding jobs to keep the business alive. His goal was to prove that young African programmers could build world-class software right from home.
Breakthrough in Cryptocurrency and Fintech
Damilare’s big breakthrough came from building his own financial and social commerce systems.
• The Problem: Many startups chase media hype and millions of dollars in venture capital funding before they even have working products.
• The Breakthrough: Damilare chose a “product-first” path. He personally coded the main engine, wallet systems, and safety tools for EarnIt NG, a digital social commerce app for the gig economy.
• The Success: Without taking a single Naira from external investors, EarnIt NG grew to serve over 65,000 users and safely processed over ₦550 million in transactions.
Business Ventures
Through Ocean Trends Digital, Damilare has built a successful “studio” that employs over 50 staff across Africa and Europe, managing several live products:
• EarnIt NG: A social commerce platform for regular workers and traders in Nigeria.
• Bimzukash: A smart loan and credit management system used by microfinance groups.
• Easybill: An easy online platform for paying utility bills and buying phone airtime.
• AlheriCare: A software tool designed to help adult healthcare centers manage patients in the United States.
• Immibuddy: An AI-powered platform that helps international students handle school admissions and immigration steps.
Influence in Nigeria’s Crypto and Tech Space
Damilare’s main influence is showing the tech ecosystem how to build sustainable businesses. While many apps rely on crypto or venture capital to survive, Damilare teaches young techies how to make real, stable revenue from day one. He is a loud voice for “Embedded Finance,” meaning he shows traditional businesses how to safely add digital wallets and payment features into their everyday operations.
Controversies and Public Attention
Damilare has a clean, scandal-free reputation. Most public attention centers on his impressive business discipline and diplomatic roles. In late 2025, he was officially inducted as an African Youth Ambassador by the African Union Youth Council (AUYC). He used his keynote speech at the diplomatic conference to teach young leaders how technology can be a bridge for peaceful cross-border trade.
Lifestyle and Assets
Damilare lives a quiet, highly disciplined lifestyle, dividing his time between tech hubs in Nigeria and his operational base in Stoke-on-Trent, United Kingdom. He focuses his resources on expanding his engineering teams and software architecture rather than luxury items. His major assets are his full ownership of Ocean Trends Digital and its valuable portfolio of proprietary software platforms.
Personal Life
Damilare is a dedicated mentor who spends his free time teaching code and business ethics to over thousands of young African developers. He manages the intense stress of running a international company with 50 employees while simultaneously completing his university degrees through pure time management and personal focus.
Net Worth
As of 2026, Damilare Ajiboye’s net worth is estimated in the millions of dollars. Because he chose not to sell early shares of his company to venture capital funds, he owns the vast majority of Ocean Trends Digital. The company generates steady, automated revenue across Africa, North America, and Europe.
Legacy and Influence
Damilare’s legacy is proving the power of “Bootstrap Building” in Africa. He completely broke the myth that a tech company must raise millions of dollars from Silicon Valley to be successful. By building five profitable products independently, he has set a new standard for self-funded tech success on the continent.
Conclusion
Damilare Ajiboye is a true example of the modern “coder-CEO.” From a simple setup in Ilorin to leading an international youth diplomacy movement, his journey shows that clear focus, technical skills, and financial discipline can turn local ideas into global solutions. He remains a powerful voice inspiring African youth to build software that is sustainable, honest, and truly useful.
