Techawk

Entrepreneurship, Innovation and Startups News Hub

Nigeria’s Fintech, CowryWise Accepted into YCombinator Summer 2018

Reading Time: < 1 minute

Nigeria fintech startup, CowryWise, has been accepted into YCombinator Summer 2018 Batch.

Commenting on the news, Razaq Ahmed, the CEO of CowryWise said: This acceptance into YC is a validation of our commitment to our customers while we focus on our goal of bringing wealth management services to young Africans irrespective of their income level.”

CowryWise is a FinTech startup that helps Nigerians save and invest easily irrespective of their income level. Till date, the startup has processed over $1.5M in savings for its customers.

Recently, CowryWise along with BitKoin Africa received an undisclosed amount of funding from Nigerian early-stage fund Microtraction.

Y Combinator is an American seed accelerator, started in March 2005. It has a number of highly successful companies and is consistently ranked at the top of U.S. accelerators according to Wikipedia.

READ  How to Know It's Time to Expand Your Business

Leave a Reply

Your email address will not be published. Required fields are marked *

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.