Some Angels who invested in Herconomy include:
1. Nkiru Ayemere – CEO, Zephans and Co
2. Ehi Onwudiwe – Director, Business Transformation, Ernest and Young
3. Olanrewaju Smith – CEO, World Bay Technologies
4. Ope Makinwa – Head of Reserve, Diageo
5. Ama Akpata – Co – Founder, Jand2gidi
This is what some investors had to say;
“I have followed the Herconomy story right from the AGS Tribe days and I have witnessed tremendous growth over the years. Not just the business, but of the founder as well. I have been a member of the community from the beginning so when the opportunity came up to invest, I certainly was interested in deepening my commitment by contributing my own token as an investor towards building a future where women thrive. I love Ife’s passion, doggedness and drive and you know what they say…..you don’t only invest in business idea, you invest in the founder. Herconomy is the future and I chose to invest in the future!” – Ehi Onwudiwe – Associate Director, Business Consulting, EY.
“Our thesis is that community is very key to the future of consumer fintech in Africa. The company has a very strong community element, and also focuses on creating financial products and prosperity for women- who have historically been underserved with financial services. We like the company very much and are happy to be on this journey with the team” – Olu Oyinsan – Managing Partner, Oui Capital.
The female-focused organisation has also announced it would embark on additional capital raising exercises and is open to interests from investors that share the same vision of women empowerment, inclusion and diversity.
Inspired by the great strides made and the need to consolidate gains for women in the economy, Herconomy is setting its eyes on more audacious and ambitious targets. According to Ifedayo, the upward trajectory of Herconomy will lead to the creation of Africa’s largest digital bank that will be focused on financing women and projects that elevate the status of women in the economy. In the meantime, “Herconomy is committed to enabling women to learn, network, and earn high interest on their savings as they spend. ” said Ifedayo.