Awabah Nigeria
Latest round
- Angel
Last raised
- Jul 2021
Total raised
- $0.2M
Investors
- 3
About Awabah Nigeria
Based in Lagos, Nigeria, and founded in 2021, Awabah Nigeria operates as a financial services company that offers a digital pension platform for enabling access to financial security for unbanked and underbanked individuals to help them outside of the regular 9-5 work model plan towards a financially safe and secure future. The company offers its core product to meet the financial needs of its customers, namely Valubah, a financial wellness service that delivers a package of advantages that focus on protecting the financial future of Nigeria's informal sector workers. Valubah is divided into two categories: Valubah Premium and Valubah Gold, which comprises health insurance, life insurance, micro-pension remittance, and accident coverage for a reasonable monthly charge starting at NGN 2,000. In addition, Awabah Nigeria offers PenPay, which is a digital tool designed to streamline pension remittance processes. This payroll plugin solution facilitates real-time pension payments and serves annuity customers. PenPay is accessible via its website, USSD code, and mobile apps available on both the Google Play Store and Apple Store. The firm partners with financial institutions such as Leadway, Stanbic, Access Bank, ARM, Tangeria, PenOp, Palfedility, Vertais, FCMB, Wellacover, and others.
Who invested in Awabah Nigeria
3 investors across 1 round
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Funding rounds
Angel
Jul 1, 2021
Amount
$0.2M
Investors
Questions about Awabah Nigeria
Who invested in Awabah Nigeria?
Awabah Nigeria has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Awabah Nigeria raised?
Awabah Nigeria has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Awabah Nigeria last raise money?
Awabah Nigeria's most recent round on record is a Angel, in Jul 2021.
What does Awabah Nigeria do?
Based in Lagos, Nigeria, and founded in 2021, Awabah Nigeria operates as a financial services company that offers a digital pension platform for enabling access to financial security for unbanked and underbanked individuals to help them outside of the regular 9-5 work model plan towards a financially safe and secure future.
Where is Awabah Nigeria headquartered?
Awabah Nigeria is headquartered in Lagos, Nigeria.
Which VCs invest in companies like Awabah Nigeria?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Awabah Nigeria's stage. Their profiles are linked below.
VCs backing financial services startups at Angel
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