Cowrywise
PrivateLast Round
Pre Seed
Jan 26, 2021
Total Funding Raised
$3.3M
Momentum Score
75 /100
Company Overview
Cowrywise is a Nigerian financial technology company that develops and operates a digital wealth management platform. Founded in 2017 by Razaq Ahmed and Edward Popoola, the company aims to democratize access to savings and investment products for the African middle class and millennials. The platform offers services such as automated savings plans, mutual funds, and financial planning tools, making wealth management accessible and affordable. Cowrywise is licensed by the Securities and Exchange Commission (SEC) of Nigeria as a Fund/Portfolio Manager. The company is venture-backed, having participated in the Y Combinator accelerator program and raised funding from investors including Quona Capital, Microtraction, and K50 Ventures.
Sector
FinTech
Verticals
Wealth Management, Investment Platforms, Personal Finance, Digital Wallets
Business Model
B2C
Customer Profile
Payment Processing Fee, Freemium, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Cowrywise Comps
Public and private peers based on sector, stage, and business model.
Cowrywise Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Jan 26, 2021 | ||||
| Grant | Jan 21, 2020 | ||||
| Seed | Dec 18, 2018 | ||||
| Accelerator | Jul 25, 2018 | ||||
| Angel | Jun 13, 2018 |
Cowrywise Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| K50 Ventures | Seed |
| The Catalyst Fund | Grant |
| Y Combinator | Pre Seed, Accelerator |
| Microtraction | Angel |
| SHL Capital | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 3, 2026
Grew 36% QoQ, from 3,823 to 5,196 employees.
- Sep 4, 2025
Partnered with Meristem Wealth Management to launch a stock investment platform.
Cowrywise Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Cowrywise's valuation, stock price, and market status.
