Cowrywise Democratizing access to savings and investment products for Africans

Cowrywise is digitizing the investment management industry in Africa and democratizing access to savings and investment products for the growing population of underserved African middle class and millennials.

Leveraging our proprietary technology and partnership with top fund managers in Nigeria, we currently serve about 200k users with access to a diverse pool of mutual funds, savings products and financial planning services. The mutual fund industry in Nigeria is currently underpenetrated with just about 500k Nigerians having access with AUM of about $3bln. These metrics show the potential gap in the addressable market opportunity estimated at 20million people and potential investible assets of $80bln.

This is the market we are going after.