Cowrywise YC Application

Summer 2018Active

Cowrywise went through Y Combinator in the Summer 2018 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Summer 2018
Industry: FintechAsset Management
Team size: 40
Status: Active
Launched: 2018

Founders

Razaq AhmedFounder/CEO
Edward PopoolaFounder/CTO

What Cowrywise does

Cowrywise is a FinTech company democratizing access to premium financial services by making these services available to the mass market cheaply. We are leveraging technology and investment management to re-imagine how financial planning, savings and investment products are delivered to people. We do this by helping our customers achieve their savings and investments goals in a simple, secure and affordable manner.

Cowrywise's YC application, reconstructed

Y Combinator application

Cowrywise, Summer 2018 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Cowrywise

Describe what your company does in 50 characters or less.

Digitizing wealth management in Africa

What is your company going to make? Please describe your product and what it does or will do.

We built a digital platform that helps people in Nigeria save and invest more easily. Our product breaks down barriers to premium investment products by making saving and investing simple, affordable, and secure for the mass market. Users set savings goals and pick investment plans tailored to their needs without the usual complexity or high fees.

Where do you live now, and where would the company be based after YC?

We are based in Lagos, Nigeria, and the company would remain in Lagos after YC.

Explain your decision regarding location.

We built Cowrywise specifically for Nigerians to solve their wealth management challenges. Lagos is the financial center and where our users and team are, so it makes sense to continue operating here to stay close to our market.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Cowrywise YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Cowrywise's public data (launch notes, founder backgrounds, product description). It shows how a company like Cowrywise would present itself to YC, not the text they submitted.