• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Current price of oil as of June 22, 2026

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

1

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'

2

Current price of oil as of June 22, 2026

3

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Startups & VentureFintech

A 19-year-old Thiel fellow just raised $7.3 million to build an African ‘super app’

By
Jack Kubinec
Jack Kubinec
Former Crypto Fellow
Down Arrow Button Icon
By
Jack Kubinec
Jack Kubinec
Former Crypto Fellow
Down Arrow Button Icon
April 23, 2026, 10:00 AM ET
Swoop founder Aubrey Niederhoffer
Swoop founder Aubrey NiederhofferCourtesy of Swoop
Add Fortune on Google for similar content.

If he hadn’t dropped out, Aubrey Niederhoffer would be nearing the end of his sophomore year at UC Berkeley. Instead, the 19-year-old from the New York area is living in Lagos, where he just launched his food delivery app, Swoop. The 28-person company just booked $7.3 million in seed funding, and the teenager was named to the prestigious Thiel Fellowship.

Recommended Video

Swoop, which drew funding from Long Journey, Variant, Version One, Dune Ventures, and Soma Capital, has ambitions far bigger than food delivery. The company’s young founder plans to release a payment app and other services in a bid to create a super app for Africa—a continent that is young, growing, and flooded with mobile phones.

The Thiel Fellowship, founded by billionaire investor Peter Thiel in 2011, offers young people $250,000 to skip or drop out of college and “build new things.” Notable recipients include Figma CEO and cofounder Dylan Field, Ethereum cocreator Vitalik Buterin, and at least one early employee at Elon Musk’s Department of Government Efficiency.

In an interview, Niederhoffer recounted how he grew interested in Africa while playing the online geography game GeoGuessr as a tween. When he was 15, he started a recruiting company focused on the labor pool in Eswatini, and would visit the southern African country during breaks from school. 

By the time he reached Berkeley, Niederhoffer had already shut down the company and was preparing to launch Swoop. After debuting the food delivery app in Eswatini in the summer after his first year of college, Niederhoffer decided to drop out of school and pursue his business full-time. 

In the fall of 2025, Niederhoffer decided to move his business to Lagos. With the help of AI tools, his team rebuilt its codebase from scratch as it prepared to release an updated version of its app, which went live this month. Food delivery has been on the rise in Africa, but Niederhoffer sees the service as just the first of many that Swoop will eventually offer. 

“In Africa, there’s no legacy banking infrastructure. You’re competing with other fintechs. Essentially, you’re not competing with credit cards,” Niederhoffer said. “Those are not popular, and there’s huge opportunity.”

Niederhoffer takes inspiration from Asian markets, where super apps like Kaspi and WeChat have become the “default layer for marketplace services, payments, and everyday life,” he wrote in a blog post. 

But in the meantime, the founder is onboarding restaurants and hiring staff to bolster his food delivery startup. There are still problems to triage, Niederhoffer said. Swoop has only operated in fair weather so far, for instance, so he has yet to know how the service would perform in a rainstorm.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Jack KubinecFormer Crypto Fellow
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Startups & Venture

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Startups & Venture

Anthropic logo behind phone with Claude logo.
AIAnthropic
Anthropic launches Claude Tag, a tool that works like a virtual employee within Slack
By Beatrice NolanJune 23, 2026
3 hours ago
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
AIHiring
Cursor’s 25-year-old CEO turned a Discord server into a talent pipeline to build his $60 billion SpaceX-backed AI company
By Sydney LakeJune 23, 2026
4 hours ago
Exclusive: Crypto analytics startup Allium raises $40 million to tame blockchain data for Wall Street
CryptoCryptocurrency
Exclusive: Crypto analytics startup Allium raises $40 million to tame blockchain data for Wall Street
By Ben WeissJune 23, 2026
8 hours ago
Probook founders (from left to right) Ben Cervantez, George Eliadis and Lewis Zhang
Startups & VentureTerm Sheet
Exclusive: A founder who went from pressure washing to Wharton just raised $40 million to put AI to work for plumbers, electricians, and HVAC crews
By Lily Mae LazarusJune 23, 2026
9 hours ago
elon
CommentaryElon Musk
Elon Musk’s trillion dollars aren’t real — and that’s the point
By Douglas P. McCormickJune 23, 2026
9 hours ago
Insilico Medicine, SK Biopharmaceuticals strike $2.5B AI drug discovery deal targeting neuroimmune therapies
AsiaPharmaceutical Industry
Insilico Medicine, SK Biopharmaceuticals strike $2.5B AI drug discovery deal targeting neuroimmune therapies
By Nicholas GordonJune 22, 2026
23 hours ago

Most Popular

Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
2 days ago
Current price of oil as of June 22, 2026
Personal Finance
Current price of oil as of June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
10 hours ago
Current price of silver as of Monday, June 22, 2026
Personal Finance
Current price of silver as of Monday, June 22, 2026
By Joseph HostetlerJune 22, 2026
1 day ago
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
Economy
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
By Jason MaJune 22, 2026
1 day ago
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
Success
By 7 a.m., Bank of America’s CEO has already read 5 newspapers, his email inbox, and hit the gym—he says if you’re late to meetings, you’re ‘selfish’
By Preston ForeJune 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.