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Cowrywise

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Cowrywise

Digitizing wealth management in Africa

cowrywise.com
HQ: Lagos, LA, Nigeria; LA, Nigeria
11-50
Fintech

Company research

Public company, workplace, funding, and market signals

Updated Jul 30, 2026

Overview

SEC-licensed Nigerian wealthtech platform helping individuals, HNIs, and corporates plan, save, and invest through automated savings, mutual funds, stocks, and business treasury tools.

Primary product

Digital wealth management app for automated savings, mutual funds, Nigerian stocks, and business treasury management

Founded

2017

Headquarters

5C Reverend Ogunbiyi Street, Ikeja GRA, Lagos, Nigeria

Team size

3.3K

Work style

Hybrid

Industry

Financial Services

Sub-industry

WealthTech / digital wealth management

Offices

5C Reverend Ogunbiyi Street, Ikeja GRA, Lagos, Nigeria
5 Rev. Ogunbiyi St, Ikeja GRA, Lagos, Nigeria
Lagos, Nigeria

Business model

B2C wealth management
fund distribution/management fees
processing and transaction fees
stock brokerage / sub-brokerage
B2B treasury management
embedded finance/API

Funding

Stage

pre-Series A

Total raised

$3.3M

Latest round

Pre-Series A · Jan 2021

Latest amount

$3M

Pre-Series A

Jan 2021 · Quona Capital

$3M

Catalyst Fund grant

Jan 2020 · Catalyst Fund

$80K

Undisclosed K50 Ventures round

Apr 2019 · K50 Ventures

Kairos K50

Dec 2018 · Kairos

$50K

Y Combinator Summer 2018

Jul 2018 · Y Combinator

$120K

Microtraction seed

Jun 2018 · Microtraction

People & investors

Leadership

Razaq Ahmed

CEO/Co-founder

Edward Popoola

CTO/Co-founder

Abdulrahman Solanke

Associate VP, Engineering

Obi Uchenna David

Associate VP, Engineering

Feyisayo Sonubi

Associate Vice President of Design

Ebenezer Akintomide

AVP, People & Culture

Einstein Yunusa

Associate Vice President, Finance

Yarmirama Grace Ashama

Associate Vice President, Product

Enor Izomor

Associate VP

Ibrahim Akintoye

Risk Manager

Chima Ataman

Team Lead, Infrastructure Engineering

Investors

Catalyst Fund
K50 Ventures
Microtraction
Nigerian angel investors
Quona Capital
Sahil Lavingia
SHL Capital
Tsadik Foundation
Venture Souq
Y Combinator

Work & culture

Customer-first, transparent, collaborative, meritocratic, and strongly learning-oriented; emphasizes 'keep it real', 'keep it simple', 'better together', 'set the bar high', and 'never stop learning'.

Work style

Hybrid

Compensation

Public evidence points to competitive compensation/top-tier salary positioning, plus housing and education assistance and ongoing learning support; no public salary bands were found.

Benefits

hybrid work
housing assistance
education assistance
learning and development support
Reforge access
LinkedIn Learning access
professional certification sponsorship
adequate work tools
anniversary allowance
lunch on the house
data/airtime allowance
flexible working arrangements
parental leave
equal pay for equal work
menstrual care packages

Product & market

Pricing

Fee-based: free signup with management, processing, and transaction fees on certain products; exact public fee schedule is incomplete.

Differentiators

  • —SEC-regulated fund manager
  • —one app for savings, mutual funds, stocks, and business cash
  • —automation and real-time tracking
  • —multiple fund-manager access
  • —embedded finance/API offering
  • —transparent/no hidden fees positioning
  • —stock investing with T+0 settlement messaging

Technology

AWS
Docker
Docker Swarm
Nuxt
Flutter
Dart
Django
Python
GitHub
Slack
Figma
Grafana
Prometheus
ELK
WordPress
WhatsApp

Customers

individual retail investors
young Nigerians / millennials
HNIs
corporates
businesses
parents
first-time investors

Competitors

PiggyVest
HerVest
CashBox
traditional banks
traditional stockbrokers

Scale & contact

Estimated revenue

$1M-$10M

Estimated monthly visits

260.7K

Traffic estimate as of Jun 2026

support@cowrywise.com07000 269 499 473

Latest news

100 Nigerian students receive ₦20m scholarship

Cowrywise · Jul 2026

Cowrywise announced the 2026 Ambassador Scholars cohort: 100 undergraduate students across 48 institutions, backed by ₦20 million in scholarship funding.

Cowrywise named Trading Platform of the Year

Cowrywise LinkedIn · Jun 2026

Cowrywise said it won Trading Platform of the Year and framed the award as recognition from customers and a push to keep making investing easier.

Cowrywise promoted 11 leaders to Associate Vice President

Cowrywise Blog · Jan 2026

Cowrywise created a new leadership layer by promoting 11 team members to Associate Vice President roles for the first time.

Cowrywise launches Cowrywise Kids with Yellow Cowries

Cowrywise Blog · Sep 2025

Cowrywise launched Cowrywise Kids, a financial education app for children ages 5-17, in partnership with Yellow Cowries.

Cowrywise expands/launches Nigerian stock investing experience

Cowrywise Blog · Sep 2025

Cowrywise introduced a stock-investing experience aimed at making Nigerian stock ownership easier and more accessible, including T+0 settlement messaging.

AboutBlogCareersEngineering blogFAQGitHub orgHomepageLinkedIn companyPressX/Twitter support article
SourcesHomepageAboutCareersPressFAQBlogEngineering blogGitHub orgLinkedIn companyX/Twitter support articleHelp Center feesSproutStocksDevelopers APIPre-Series A blogSEC license blog500 Days at CowrywiseGender equality blogTechCrunch funding articleTechPoint Microtraction article

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