Diligence memo · auto-generated · as of July 2, 2026
CowryWise Inc
CowryWise Inc has raised $6.5M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
CowryWise Inc operates in Investment Vehicle, based in EVANSTON, LA, Nigeria; LA, Nigeria. Digitizing wealth management in Africa
Sub-sector tags: Fintech, fintech.
Capital & rounds (filed)filed
CowryWise Inc has raised $6.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $3.5M on 2021-01-27.
Most recent recorded round closed around 2021-01-28.
Valuation (modeled)modeled
Provath models CowryWise Inc at approximately $38M (range $4.1M–$182M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 0 months.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 64% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 59% of those peers.
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.