CrowdyVest secures new investment, breaks out as a standalone company

Smartphone Deals on Jumia

CrowdyVest burst onto the scene in 2019 as a local crowdsourcing platform for small and medium scale businesses to achieve their short- and long-term goals with investment from willing users.

The model has worked and grew the portfolio of parent company, Farmcrowdy.

As of the time of this writing, though, CrowdyVest has now become a company of its own too.

An investment round led by Tope Omotolani saw the new company secure important investment from a handful of investors which allows it to stand on its own. Tope also becomes the first CEO of the new brand as it forays out on its own.

Everything on JUMIA

The new company has reacted nicely to this exit by pivoting its business model to serve the target market even better.

One of the new products that has been added is a digital savings service for the thousands of platform subscribers that the company boasts right now.

We wish the company the best in all of its endeavours as it hopes to become one of the leading wealth management companies in the country soon.

Deal of the day