Grace Ashiru
XENO Corporation, a fintech firm based in Uganda, was able to secure early finance for $2 million, led by Beyond Capital Ventures.
XENO’s board of directors will have Beyond Capital Ventures’ general partner Eva Yazhari as an observer.
The company was founded in 2017 by Aéko Ongodia, who also serves as the company’s CEO.
Since it first opened its doors, XENO has assisted twenty thousand people in investing, planning and saving, and it plans to grow throughout the continent.
This goal-based investment platform enables millions of individuals in Africa to save, invest and plan, for any financial plan starting with as small as $3 through the Ussd,web, app, with or without internet connection.
The challenge that we want to address, which is to assist the average person in becoming more financially stable by making it more straightforward for them to invest their money to achieve their future financial targets, regardless of what those goals may be, was entirely understood by Eva Yazhari and her team.CEO of XENO Aéko India said, “We identified a team in Beyond Capital Ventures that was meticulous in its examination, deliberate in how it approached the opportunities and showed an unprecedented depth of knowledge about our path and vision for the future.
Connection to professional investment management is made more accessible to the general public via XENO’s proprietary goal-based investing platform, which enables its users to save money regardless of whether or not they have internet access.
