Power Financial Wellness Overview
- Year Founded
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2019
- Status
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Private
- Employees
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46
- Latest Deal Type
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Later Stage VC
- Investors
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15
Power Financial Wellness General Information
Description
Developer of a financial platform designed to provide holistic financial services to the informal economy and the poorly served formal economy. The company's platform works with regulated banking and lending partners to provide customers with tools to pay, save, borrow, and protect instantly and affordably, and link directly to their sources of income to make the process frictionless, enabling individuals to access earned wages, loans, insurance, payments, and contribute to savings, so they can live with reduced financial-related stress.
Contact Information
Website
www.yourpower.ioCorporate Office
- Kyuna Road, Lower Kabete
- PO Box 77708
- Nairobi, Nairobi 00508
- Kenya
Corporate Office
- Kyuna Road, Lower Kabete
- PO Box 77708
- Nairobi, Nairobi 00508
- Kenya
Power Financial Wellness Timeline
Power Financial Wellness Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 30-Aug-2025 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 22-Nov-2023 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 18-Apr-2023 | Completed | Generating Revenue | |||
| 3. Seed Round | 20-Dec-2022 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 08-Jun-2022 | $100K | $209K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 28-Jan-2021 | $109K | $109K | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Power Financial Wellness Comparisons
Industry
Financing
Details
Power Financial Wellness Competitors (39)
One of Power Financial Wellness’s 39 competitors is MoneyGram, a Private Equity-Backed company based in Dallas, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MoneyGram | Private Equity-Backed | Dallas, TX | ||||
| Floatpays | Venture Capital-Backed | Cape Town, South Africa | ||||
| Mastercard OB Services Europe | Formerly VC-backed | Copenhagen, Denmark | ||||
| Earnipay | Venture Capital-Backed | Lagos, Nigeria | ||||
| Prograd | Venture Capital-Backed | London, United Kingdom |
Power Financial Wellness Signals
Power Financial Wellness Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AXIAN Investment | Fund of Funds | Minority | ||
| First Circle Capital | Venture Capital | Minority | ||
| FrontEnd Ventures | Venture Capital | Minority | ||
| Visa Accelerator | Accelerator/Incubator | Minority | ||
| Jobtech Alliance | Accelerator/Incubator |
Power Financial Wellness FAQs
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When was Power Financial Wellness founded?
Power Financial Wellness was founded in 2019.
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Where is Power Financial Wellness headquartered?
Power Financial Wellness is headquartered in Nairobi, Kenya.
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What is the size of Power Financial Wellness?
Power Financial Wellness has 46 total employees.
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What industry is Power Financial Wellness in?
Power Financial Wellness’s primary industry is Financial Software.
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Is Power Financial Wellness a private or public company?
Power Financial Wellness is a Private company.
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What is Power Financial Wellness’s current revenue?
The current revenue for Power Financial Wellness is .
-
How much funding has Power Financial Wellness raised over time?
Power Financial Wellness has raised $3.41M.
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Who are Power Financial Wellness’s investors?
AXIAN Investment, First Circle Capital, FrontEnd Ventures, Visa Accelerator, and Jobtech Alliance are 5 of 15 investors who have invested in Power Financial Wellness.
-
Who are Power Financial Wellness’s competitors?
MoneyGram, Floatpays, Mastercard OB Services Europe, Earnipay, and Prograd are some of the 39 competitors of Power Financial Wellness.
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