Wealth Management Startups in Africa
Overview Powered by AI
Pan-African wealth management is attracting significant interest, driven by fintech disruptors like CowryWise and Awabah. Local business leaders see great potential, recognizing the growing middle class and underserved needs. However, challenges remain, including regulatory complexities, financial literacy, and competition from established banks.
Cummulative Funding
$3.6M+
Total # of Companies
5
Total Deal Count
13
Total M&A Count
0
Total # of Investors
20
List of Wealth Management startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
CowryWise is a FinTech company that democratizes access to premium financial services by making these services available to the mass market. | Seed | $ 3,250,000 | 2017 | |
Secure your future with Awabah's digital pension platform for self-employed Africans. | Grant | $ 370,000 | 2021 | |
Achieving universal financial inclusion through technology with Exuus | Grant | $ 50,000 | 2014 | |
PALM is a tech startup focusing on wealth management. They help users protect their most valuable priorities. | Pre-seed | Undisclosed | 2024 | |
ComiBlock gives users access to invest in actively managed and diversified crypto portfolios. | Pre-seed | Undisclosed | 2021 |
Founded
2017
Overview
CowryWise is a FinTech company that democratizes access to premium financial services by making these services available to the mass market.
Last round
Seed
Total raised
$ 3,250,000
Employee
1-10
Founded
2021
Overview
Secure your future with Awabah's digital pension platform for self-employed Africans.
Last round
Grant
Total raised
$ 370,000
Employee
11-50
Founded
2014
Overview
Achieving universal financial inclusion through technology with Exuus
Last round
Grant
Total raised
$ 50,000
Employee
2-10
Founded
2024
Overview
PALM is a tech startup focusing on wealth management. They help users protect their most valuable priorities.
Last round
Pre-seed
Total raised
$ 0
Employee
11-50
Founded
2021
Overview
ComiBlock gives users access to invest in actively managed and diversified crypto portfolios.
Last round
Pre-seed
Total raised
$ 0
Employee
11-50