Cowrywise: The Fintech Revolutionising Wealth Management in Africa
Cowrywise, the savings and investing platform out of Nigeria, is helping thousands of users manage their money and hit their financial goals faster.
Cowrywise is a fast-growing African fintech company that provides a digital platform for individuals with a focus on saving and investing. Founded in 2017 by Razaq Ahmed and Edward Popoola, Cowrywise aims to promote financial inclusion and help people achieve their financial goals by offering easy access to savings and investment products. In 2022, Cowrywise partnered with Meristem Trustees Limited to implement a trustee structure in Nigeria, the first fintech to do so.
Headquarters: Lagos, Nigeria
Founders: Razaq Ahmed and Edward Popoola
Industry: Fintech, Financial Services, Savings, and Investments
What They Offer
Savings Plans: Cowrywise offers a variety of savings plans, such as periodic savings, target savings, and life goals, enabling users to save money according to their preferences and financial objectives.
Mutual Funds: The platform provides access to a range of mutual funds managed by top investment firms, allowing users to invest in diverse asset classes with varying levels of risk and return.
Fixed Income Investments: Cowrywise offers fixed income investment products, such as treasury bills and bonds, providing users with a low-risk option to grow their wealth.
Financial Education: The Cowrywise app and website feature educational resources to help users improve their financial literacy and make informed decisions about their savings and investments.
Cowrywise has attracted thousands of users and facilitated millions of dollars in savings and investments since its inception. The company has partnered with investment firms and received investments from prominent investors, such as Quona Capital, Catalyst Fund, and Y Combinator.
PiggyVest, Wealth.ng, and other savings and investment platforms in the African market.