CowryWise is announcing it has been accepted into YCombinator Summer 2018 Batch, the most valuable startup accelerator in the world.
Based in California, USA. YCombinator invests in selected startups from around the world, providing them with financing, access to investors and business growth mentorship.
According to Razaq Ahmed, CowryWise CEO, “this acceptance into YC is a validation of our commitment to our customers while we focus on our goal of bringing wealth management services to young Africans irrespective of their income level.”
CowryWise recently launched their Life Goal product feature that allows users to commit to long-term saving goals ranging from vacation, education, home, family to retirement. The CowryWise service is available to everyone through the CowryWise website and an Android mobile App on Google Play Store.
CowryWise is a FinTech startup that is helping Nigerians save and invest easily irrespective of their income level. The company is democratizing access to wealth management for Africans. The company has processed over $1.5M in savings for its customers.
About YCombinator
Twice a year YCombinator invest a small amount of money ($120k) in a large number of
startups.
The startups move to Silicon Valley for 3 months, during which YC works
intensively with them to get their company into the best possible shape and refine their
pitch to investors.
Each cycle culminates in Demo Day, when the startups present their
companies to a carefully selected, invite-only audience.
Congratulations to Cowreywise. This a show of how hardwork, transparency,accountability, and trust works.
Keep it up Mr.Rasaq and the entire cowreywise family.
Good news!!!! Keep it up Mr. Rasaq!