Our Story
Friendship, solving a problem and sustaining the environment.
Two best friends born 10 days apart, Josh Nzewi and David Iya, saw an opportunity to empower and connect wholesalers across the world, eliminate wasteful transportation and increase the lifecycle of devices.
How it all began
In 2017, David had upgraded from his Apple iPhone 7 Plus and wanted to resell at maximum value. After several visits to various carrier stores and calling different pawnshops, he discovered a vast disparity between the prices of phones locally vs. online. David informed Josh of this price disparity and then they started buying phones locally and selling them online.
The problem
Given our background as wholesalers, we understand the challenges. Over $46 billion worth of used smartphones were sold each year globally (growing 13% YoY), but there was no price transparency; prices would vary by over 40% for the same device between different sellers, trading was incredibly informal as million-dollar trades would happen through social media platforms such as WhatsApp, Facebook groups and forums leaving potential room for scams.
Our solution - in comes Eze.
So we created Eze, the world’s first commodities exchange for devices. On our platform, we lower trade barriers by offering sellers and buyers a safe platform to transact directly. We also enable safe and transparent trade by offering a secure payment system, competitive prices, and discounted shipping. Each seller is vetted and monitored for the accuracy of each of their transactions and each device is graded carefully so buyers receive exactly what they ordered. Additionally, all funds are also held in escrow until the buyer confirms satisfactory delivery.
Our Milestones
1500+
Users
15+
Countries served
500,000+
Devices sold
2%
Return orders
We believe in building from the inside out, for us, these values
underpin every step we take and all decisions we make.
Our Values
User Focused
Eye for Excellence
Data is Power
Entrepreneurial Mindset
Truth Driven
Our Vision
We believe that all people should have seamless access to smart devices that have drastically changed the way the world interacts.
Our Mission
Eliminate Fraud
To infuse price transparency bringing security and trust back into the electronics market.
Seamless Trade
To provide a transparent, low cost and highly secure platform connecting electronic traders across the globe.
Eliminate Waste
To ensure usable devices find a second home, reducing the need to dispose of electronics which would harm the environment.
Our Team
We’re a team of young, diverse entrepreneurs bringing our expertise in mass retail, electronics trade, engineering and global E-commerce to the fore in our day-to-day operations and long term strategy.
Joshua Nzewi
Co-founder, CEO
David Iya
Co-founder, CTO
Felicia T.A.
Chief of Staff
Moyosola Kara
Director, Marketing & Communications
Olusola Oyategbe
Senior Account Manager
Tomi Abe
Principal Designer
Anaeze Nsoffor
Software Engineer
Yuriy Abragamets
Senior Account Manager
Jose Antonio Beltran
Senior Sales Executive
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