Awabah
What it does
Awabah is a Nigerian fintech company focused on pension and retirement savings for informal and gig economy workers. Founded in 2019, Awabah operates as a micro-pension fund manager licensed by the National Pension Commission (PenCom), enabling self-employed individuals, traders, artisans, and gig workers in Nigeria to save for retirement through micro-contributions. The platform digitizes pension contributions, allowing users to save as little as small amounts regularly via mobile money or bank transfers. Awabah addresses the significant pension gap in Nigeria, where the formal pension system covers less than 10% of the working population.
Pension / retirement techDigital savings platformsMicro-insurance
Known for
- Micro-pension management
- Retirement savings for informal sector
- PenCom-licensed
- Gig worker financial services
Model & industry
Marketplace / Aggregator modelAll / Cross-industry