WealthTech Startups in Africa

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WealthTech in West Africa is gaining traction but faces challenges. Risevest is a notable player, but local solutions like Cowrywise and PiggyVest dominate the market. Business leaders see potential but express concerns over financial literacy, regulation, and access to capital.

Cummulative Funding

$970K+

Total # of Companies

2

Total Deal Count

6

Total M&A Count

0

Total # of Investors

4

List of WealthTech startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

2.

Risevest is a Digital wealth management platform that connects Africans to global dollar investment opportunities.

Seed

$ 120,000

2019

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

Risevest

Founded

2019

Overview

Risevest is a Digital wealth management platform that connects Africans to global dollar investment opportunities.

Last round

Seed

Total raised

$ 120,000

Employee

11-50

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