CowryWise is a secure automated service that helps users save money and enjoy high returns from risk-free investments in Nigeria with zero fees. It has processed over US$1.5 million in savings for its customers to date. The startup recently secured investment from Nigerian early-stage fund Microtraction. CEO CowryWise, Razaq Ahmed, said the acceptance into the programme was a validation of the startup’s commitment to its customers while it focuses on its goal of bringing wealth management services to young Africans, irrespective of their income level. CowryWise recently launched its “Life Goal” feature, which allows users to commit to long-term saving goals. The service is available to everyone through the CowryWise website and Android mobile app.
