Nigerian Wealth Management Startup Cowrywise Raises Pre-Series A Funding

Nigerian wealth management startup Cowrywise raised pre-Series A funding of USD 3 Mn led by Quona Capital. Other investors in this round include Sahil Lavingia, Tsadik Foundation and a group of Nigerian angel investors.

Founded in 2017, this Nigerian fintech provides savings and investment opportunities to Nigerian users. The pre-series A round funding comes after Cowrywise received a grant from Catalyst Fund in January 2020.