Fintech platform Crowdyvest Appoints New CEO, Launches Savings Platform

Crowdyvest Limited is an impact-driven financial platform that was started by Onyeka Akumah alongside four other co-founders. The fintech company was launched in 2019 and was created to be a panacea for financial problems faced by businesses and individuals in the financial space. The platform was created and designed to assist businesses and individuals achieve their short-term and/or long-term goals and facilitate growth in line with the United Nation’s Sustainable Development Goals.

The company announced a change in its leadership two days ago. The company announced that Tope Omotolani would be replacing Onyeka Akumah as CEO. Tope Omotolani is a co-founder of Crowdyvest and was the Managing Director until her new appointment as Chief Executive Officer. The company says that it will continue to remain the same irrespective of the change in leadership and that there would be no change in the management and staff. The only thing that is changing for the company is that it is completely leaving the EMFATO Holdings group and will transcend from its old crowdfunding model and bloom into a go-to digital wealth management and savings platform under the leadership of the new CEO; Tope Omotolani.

‘I have taken this decision to step down as the CEO of Crowdyvest as a result of the new investment in the company which gives it good footing foor scale. Today, Crowdyvest is exiting fully from EMFATO Holdings and we are happy about the new investors led by Tope, and excited to see how Tope will lead this business to new heights. I will focus more on leading Farmcrowdy and Plentywaka as CEO of both companies into new markets in 2021. Tope is a strong and amazing leader and I see her leading Crowdyvest to become one of the leading wealth management companies in Nigeria within the next three to five years. I wish her and the team all the best and will continue to advise them on their journey when needed’, Onyeka Akumah; former CEO of Crowdyvest said while speaking on the new development.

Crowdyvest launched the Crowdyvest Savings Platform and aims for at least 10,000 members on the platform. The savings platform will enable members to choose from the variety of saving plans available and in the long run help members build a savings culture. Crowdyvest launched as a crowdfunding platform in 2019 but launched fully in January 2020 and since then, the company has been soaring beyond expectations.

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