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Cowrywise
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Summary
location iconIkeja, Nigeria
website
company sizeCompany size: 11-50

Cowrywise is a fintech company based in Ikeja, Nigeria founded in 2017. Cowrywise develops and markets a digital investment management application designed to provide access to savings and investment products for Africa's underserved growing population.

Categories
Investment Management
Digital Services
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Cowrywise - Recent News & Articles

Dow Opens Sharply Lower, Bonds Rally After China Retaliates Against Trump Tariffs

China lashed back at President Trump’s tariffs, applying 34% levies on all imported goods from the U.S. Beijing said the levies would come into effect next Thursday, the day after a big part of Trump’...

Source: Wall Street Journal

FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday. Tariffs, of course, dominated, and once they were real, as of W...

Source: PYMTS

European shares plummet after China slaps retaliatory tariffs on U.S.; Defense stocks fall as NATO chief touts regional security splurge

European stock markets continued to tumble on Friday, with investors still reeling from the scale of U.S. tariffs announced this week. The regional Stoxx 600 index was down 4.4% at 1:04 p.m. in London...

Source: CNBC

HEDGE FLOW Hedge funds rush to cut Asia exposure ahead of US tariff announcement

Hedge funds dumped stocks and lowered leveraged positions in Asian markets last week, data from Morgan Stanley shows, pointing to their defensive stance before U.S. President Donald Trump's announceme...

Source: Reuters

Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...

Source: Financial Times

Australia central bank highlights global risks as it keeps rates steady at 4.1%

Inflation has stayed within the bank’s target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was “cautious” about its outlook, pointing out that recen...

Source: CNBC

US stocks tumble as consumer gloom raises stagflation fears

Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook. Wall Street stocks dropped on Friday as signs of strain among American consumers added to worries the...

Source: Financial Times

Trump’s Treasury is running out of money fast. Why the ‘x date’ matters for markets.

The Trump administration has exhausted its legal authority to issue new incremental debt to pay the U.S. government’s obligations — for everything from Social Security checks to military operations. I...

Source: MarketWatch

Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation. Dorsey told staff that 391 roles would be cut for "strateg...

Source: Finextra

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...

Source: CNBC