Sproutly
OperatingFinancial platform for Nigerian schools and families offering tuition credit, fee collection, teacher financing and savings.
- FinTech
- Lagos, Nigeria
- Founded 2023
- sproutly.africa ↗
About Sproutly
Sproutly is a financial services platform for schools and families in Africa. Its Cowri product pays a child's school fees in full and lets parents repay over up to four months at a 2% monthly service fee; Sproutly Books helps schools collect fees and gives them an automatic credit limit; a teacher programme bundles a laptop, health insurance, a MiFi and data, repaid over 15 monthly instalments; and salaried staff can access up to 25% of their income early. The company reports more than 1,500 schools across Nigeria as users and is based in Lagos.
Sproutly was founded in 2023. It is a portfolio company of Ingressive Capital and joined Cohort 3 (2025) of the Mastercard Foundation EdTech Fellowship run by CcHub Nigeria.
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Frequently asked about Sproutly
- Where is Sproutly based and when was it founded?
- Sproutly is headquartered in Lagos, Nigeria and was founded in 2023.
- What sector is Sproutly in?
- Sproutly operates in FinTech, EdTech and Lending.
