# Nkwa App: Financial services, Buea, Cameroon

> Nkwa App: Nkwa App is a licensed fintech company and digital piggybank platform created by Maealth Technologies Limited, also known as NKWA TECH LTD.

Source: https://millionrounds.com/startup/nkwa-app (Millionrounds; every figure on the page links to its filing or article)

Cameroon · [Financial services startup](https://millionrounds.com/companies)

# Nkwa App

Nkwa App is a licensed fintech company and digital piggybank platform created by Maealth Technologies Limited, also known as NKWA TECH LTD.

Funding reported Last round: Seed

Financial services Buea, Cameroon

Company summary

- **Founded:** 2020 6 years old
- **Team:** 15 11 to 50 people
- **Funding reported:** 15k as listed, currency not stated
- **Last round:** Seed May 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Nkwa App has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Nkwa App

Nkwa App is a licensed fintech company and digital piggybank platform created by Maealth Technologies Limited, also known as NKWA TECH LTD.

Founded in 2020 and based in Buea, Cameroon, Nkwa aims to help users save money in a disciplined way to achieve their financial goals. The company is a registered fintech entity and a Savings & Credit Cooperative Society, operating under the 2017 COBAC microfinance regulation for the CEMAC zone. The Nkwa mobile application allows users to set aside money for specific projects or financial goals, promoting financial discipline and helping users avoid unnecessary spending. With features like planned savings and 24/7 support, the app has gained popularity among millennials and Gen Z in Cameroon, particularly among the underbanked population. Nkwa has successfully assisted customers in saving over XAF 2 billion (approximately €3 million), making it a trusted choice for young adults seeking financial stability.

## What company datasets say Nkwa App raised

Funding, as reported

Reported in all **15k** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **10k**

Last round date **May 2023**

Investors listed **1**

## Founders and team

From Nkwa App's own website: 3 founders.

**Akwo Ashangndowah** Co-Founder & CEO

**Alice Ndeh** Co-Founder & CTO

**Love To Be Part Of** Co-Founder & CTO

## The company, in detail

What they build

Known for

reserve computer & network security financial goals savings goals encryption information technology & services app security nkwa reserves secure data financial services mobile app finance data security withdrawal management cameroon financial services financial goals tracking

Built with from their website

Google Tag Manager Google Sheets HREF Lang YouTube CloudFlare Viewport Meta Google Play webpack Excel4Apps CloudFlare CDN

+8 more

Priority Hints React Cloudflare Insights Mobile Friendly Open Graph Apple iOS Crisp Cloudflare DNS

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 522291
- **Region:** Southwest
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/nkwa)

## Financial services in Cameroon

Startups like it

- [**Ejara** Douala · founded 2020](https://millionrounds.com/startup/ejara)
- [**ZenfinexCemac** Douala](https://millionrounds.com/startup/zenfinexcemac)
- [**Diool** Douala · founded 2015](https://millionrounds.com/startup/diool)
- [**bitkap** Douala](https://millionrounds.com/startup/bitkap)
- [**IWOMI** Douala · founded 2015](https://millionrounds.com/startup/iwomi)
- [**Bohikor** Buea](https://millionrounds.com/startup/bohikor)

## Is this your company?

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