XENO Investments Management
Latest round
- Seed
Last raised
- Jun 2022
Total raised
- $2M
Investors
- 2
About XENO Investments Management
Founded in 2016 and headquartered in Kampala, Uganda, XENO Investments Management Limited provides innovative investment solutions. The firm was established by Aéko Ongodia and Niwogaba Joel, with Ongodia having a background in founding other financial services.XENO Investment offers a goal-based investment service designed to assist individuals and families in planning, saving, and investing toward their financial objectives. The core product offerings include investment accounts through which clients can start investing with as little as UGX 10,000 in Uganda or KES 500 in Kenya. These accounts are tailored to facilitate goals such as saving for a child's education, planning for emergencies, investing in a family home, and preparing for retirement. XENO's services are accessible via various channels, including mobile money platforms like MTN and Airtel, as well as bank transfers.Revenue generation for XENO Investment primarily arises from the management of client investment portfolios across various asset classes, including money market and equity funds. Clients deposit funds into their investment accounts, utilizing regular contributions via mobile money or bank transfers. Each investment strategy is designed to align with the clients' goals and risk appetites, fostering a direct relationship between the firm and its users. The company is exploring the development of new products aimed at further simplifying investment processes for users. Additionally, there are plans to expand into other regions across East Africa by the end of 2023, targeting new markets to broaden their reach and support financial literacy initiatives.
Who invested in XENO Investments Management
2 investors across 1 round
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Funding rounds
Seed
Jun 21, 2022
Amount
$2M
Investors
Questions about XENO Investments Management
Who invested in XENO Investments Management?
XENO Investments Management has 2 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 XENO Investments Management raised?
XENO Investments Management has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did XENO Investments Management last raise money?
XENO Investments Management's most recent round on record is a Seed, in Jun 2022.
What does XENO Investments Management do?
Founded in 2016 and headquartered in Kampala, Uganda, XENO Investments Management Limited provides innovative investment solutions.
Where is XENO Investments Management headquartered?
XENO Investments Management is headquartered in Kampala, Uganda.
Which VCs invest in companies like XENO Investments Management?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at XENO Investments Management's stage. Their profiles are linked below.
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