CowryWise - About the company
CowryWise is a seed company based in Lagos (Nigeria), founded in 2017 by Edward Popoola and Razaq Ahmed. It operates as an Online & app-based savings platform for individuals. CowryWise has raised $3.69M in funding from investors like Microtraction, Quona and Actions Capital. The company has 34 active competitors, including 4 that are funded. Its top competitors include companies like PiggyVest, HerVest and CashBox.
Company Details
CowryWise is an online & app-based savings platform for individuals. It offers services such as savings & mutual funds, goal-based savings, portfolio management, and more. It enables users to save for long-term goals such as education, housing, retirement, wedding, and more. App is available on iOS & Android devices.
- Website
- cowrywise.com
- Social
- Email ID
- *****@cowrywise.com
- Phone Number
- +234 **********
Key Metrics
Founded Year
2017
Location
Lagos, Nigeria
Stage
Seed
Total Funding
$3.69M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 34 active competitors
Employee Count
5,672 as on Jul 31, 2026
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CowryWise's funding and investors
CowryWise has raised a total funding of $3.69M over 5 rounds. Its first funding round was on Dec 2017. Its latest funding round was a Seed round on Jan 28, 2021 for $*****. 3 investors participated in its latest round. CowryWise has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of CowryWise:
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Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2021 | 2502732 | Seed | 3655762 | 5563680 | 8611106 | 8437201 |
Apr 2019 | 4331772 | Seed | 2358967 | 1035177 | 1776466 | 1342875 |
Jul 25, 2018 | 3266007 | Seed | 4833296 | 4964871 | 3530744 |
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CowryWise's founders and board of directors
Founder? Claim ProfileHere are the details of CowryWise's key team members:
- Edward Popoola: Co-Founder & CTO of CowryWise. Contact Info: 1 email address
- Razaq Ahmed: Co-Founder & CEO of CowryWise. Contact Info: 1 email address
View details of CowryWise's Founder profiles and Board Members
CowryWise's employee count trend
CowryWise has 5,672 employees as of Jul 26. Here is CowryWise's employee count trend over the years:
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CowryWise's Competitors and alternates
Top competitors of CowryWise include PiggyVest, HerVest and CashBox. Here is the list of Top 10 competitors of CowryWise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online savings and investment platform | $1.15M | 64/100 | ||
2nd | Online & app-based savings platform for individuals | $3.69M | 61/100 | ||
3rd | Savings and investment management platform for women | $100K | 48/100 | ||
4th | Digital saving platform | - | - | 43/100 | |
5th |  Crowdyvest 2019, Lekki (Nigeria), Seed | App-based savings platform for individuals | - | - | 39/100 |
6th | App-based goal-based savings platform | - | - | 38/100 | |
7th | Provider of software facilitating secure data management and workflow automation | - | - | 35/100 | |
8th | App-based platform for savings for individuals and businesses | - | 31/100 | ||
9th | App-based platform for savings & investments | - | - | 30/100 | |
10th |  Tangerine Life 2019, Lagos (Nigeria), Funding Raised | Online wealth management solutions for individuals and businesses | - | 29/100 |
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CowryWise's Investments and acquisitions
CowryWise has made no investments or acquisitions yet.
Reports related to CowryWise
Here is the latest report on CowryWise's sector:
News related to CowryWise
Filter this list•
Nigerian Digital ID Startup, Regfyl, Raises $1.1 Million After Gaining MomentumBitcoinke•Sep 19, 2024•Regfyl, CowryWise, Vbank, Coronation and 7 others
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Charles River Apparel COO Joins PPEF Board of TrusteesGraphics-Pro @•Nov 19, 2021•Charles River Apparel, CowryWise
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Kite Realty Group Trust Expands Board of Trustees and Announces the Appointment of Derrick BurksGlobeNewswire•Mar 26, 2021•Kite Realty, EY, CowryWise
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Cowrywise $3M Pre-Series A Round, Led by Quona CapitalCowryWise•Jan 26, 2021•CowryWise, Quona, Tsadik
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Nigerian fintech startup Cowrywise expands offering with Stash serviceDisrupt Africa•Aug 07, 2019•CowryWise
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Nigerian fintech startups Cowrywise, Scale My Hustle partner to help SMEs growDisrupt Africa•Jul 15, 2019•CowryWise, Scale My Hustle
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Fintech startup Cowrywise now helps Nigerians invest in mutual fundsDisrupt Africa•May 31, 2019•CowryWise
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Cowrywise Partners Afrinvest to Deliver Affordable Investment Options to NigeriansAfrinvest•May 23, 2019•CowryWise, Afrinvest
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