Nigeria · Financial services startup

Cowrywise

Cowrywise is a prominent fintech company based in Ikeja, Lagos, Nigeria, founded in 2017.

Funding reportedLast round: Seed

Financial servicesLagos, Nigeria

About Cowrywise

Cowrywise is a prominent fintech company based in Ikeja, Lagos, Nigeria, founded in 2017.

It operates as a digital-first wealth management platform aimed at making savings and investment products accessible to young Nigerians and Africans. The company is led by CEO Razaq Ahmed and CTO Edward Popoola and is licensed by Nigeria's Securities and Exchange Commission as a Fund/Portfolio Manager. Cowrywise offers a range of online financial services, including automated savings plans that generate daily interest, access to mutual funds for portfolio diversification, and goal-based savings programs for specific life objectives. The platform also provides tools for portfolio management, enabling users to track their savings and investments easily. Additionally, Cowrywise supports businesses with solutions to invest idle cash and offers a developer API for third-party applications to integrate investment services. With over 200,000 users, Cowrywise is dedicated to empowering individuals and businesses with effective wealth-building tools.

What company datasets say Cowrywise raised

Funding, as reported

Reported in all3.3Min the source's currency
Rounds6
Last roundSeed
Last round size3M
Last round dateJan 2021
Investors listed7
Y CombinatorS18

On 2 portfolio pages

Investors who name them

Each firm lists Cowrywise on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

micro-investingmanagement consultinglow minimum investmentwealth buildingmutual fundsmobile bankingfinancial consultinginformation technology & servicesfinancial servicesmobile appfinanceinvestment managementfinancial literacyapi integrationhalal savingsdigital wealth management

Built with from their website

Amazon SESGoogle SheetsRedisGoogle WorkspaceIBM ILOG CPLEX Optimization StudioAmazon Simple Email ServicePostgreSQLAmazon AWSAWS Analyticspython celery

+8 more

X (Twitter)AIGoogle MeetMicrosoft ExcelInstagramAWS CloudWhatsAppMailgun

Sector
Financial services
Industry code
NAICS 5231, 523940, SIC 6732, 6722, 6282
Region
Lagos
Revenue
201.9M a year, as listed
Full record
Every detail in the company directory

Financial services in Nigeria

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