Cowrywise
Wealth management simplified for the next generation of Africans
What it does
Cowrywise was founded in 2017 by Razaq Ahmed and Edward Popoola to make investment management accessible to young Africans. The platform offers mutual fund investments, automated target savings, and personalized wealth portfolios managed through sophisticated software engines. Y Combinator-backed Cowrywise was notably the first Nigerian fintech granted an SEC Fund Manager license.
Digital savings platformsWealthtech / robo-advisoryInvestment / brokerage platformsFund management platformsMicro-investing
Known for
- First SEC-licensed fund manager fintech in Nigeria
- Mutual fund distribution marketplace
- Automated target savings plans
- Y Combinator-backed wealth management app
Model & industry
SaaSAPI-as-a-ProductInvestment & Capital Markets
Funding history
$3.0M
Total raised
1
Rounds
Pre-seed
Latest stage
2021
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2021-01 | Pre-seed | $3.0M | Quona Capital |
Source: Condia Funding Tracker
Products & subsidiaries
Cowrywise Mutual Funds & Savings · Digital Wealth AppCowrywise Treasury for Business · Corporate Treasury ManagementSprout · Investment API