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Nkwa

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Goal-based savings app in Cameroon that lets users save via mobile money, alone or in groups, and earn interest on deposits.

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About Nkwa

Nkwa is a savings app built on mobile money in Cameroon. Users set personal savings goals or team up with friends and family on group goals (Nkwa Goals), keep money in Nkwa Reserve, a digital version of the traditional akawo savings pot that pays interest on deposits with free withdrawals at month end, and use Nkwa Basics to track spending, set budgets and automate daily saving. The app is available on iPhone and Android, and the company states it has more than 70,000 savers.

Nkwa is based in Buea. It was founded in 2020 by Akwo Ashangndowah and is an alumnus of Orange Fab Cameroun (Cohort 3).

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Frequently asked about Nkwa

Where is Nkwa based and when was it founded?
Nkwa is headquartered in Buea, Cameroon and was founded in 2020.
What sector is Nkwa in?
Nkwa operates in FinTech.