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AWABAH
AddedFeb 19, 2024
UpdatedJul 3, 2026
AWABAH

AWABAH

Angel

Awabah: A digital platform offering comprehensive work benefits via a $3 monthly subscription.

HQ
Lagos, Lagos, NG
Founded
2020
Accelerator
Techstars logoTechstars: London2021
Overview
Compare
Fundraising
Employees
Website

Founded to revolutionize financial security for business owners and workers, Awabah is a digital platform that offers comprehensive work benefits through an affordable monthly subscription of $3. The company's core mission is to provide accessible and easy-to-use financial services, including health insurance, micro pensions, life insurance, and accident cover. Awabah aims to empower individuals and small businesses by simplifying the process of securing essential financial protections.

Notable figures associated with Awabah include key investors and industry experts who have recognized the platform's potential to transform financial services in emerging markets. The company has achieved significant milestones, such as expanding its user base and securing strategic partnerships that enhance its service offerings. Awabah's impact is evident in its ability to provide affordable financial security to underserved communities, thereby fostering economic stability and growth.

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AWABAH - Quick Facts

Who are AWABAH's competitors?

Companies similar to AWABAH include Portabl.co, Abhi, Avuba and Level.

When was AWABAH founded?

AWABAH was founded in 2020.

Where is AWABAH's headquarters located?

AWABAH's headquarters is located in Lagos, Lagos, NG.

When was AWABAH's last funding round?

AWABAH's most recent funding round was for $100k (USD) in September 2022.

How much has AWABAH raised to-date?

As of Sep 6, 2022, AWABAH has raised a total of $350k (USD).

How many employees does AWABAH have?

AWABAH has 25 employees as of Feb 4, 2024.

AWABAH - Classification

Ownership
  • Private
Technology
  • FinTech
Geographic Exposure
  • Africa
Revenue
  • Recurring
Customer
  • Small Business
Main Product
  • Financial Services
  • Insurance
Tags
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6700Holding And Other Investment Offices
  • 6720Investment Offices
  • 6722Management Investment Offices, Open-end
Show 7 more industry codes
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 525100Insurance and Employee Benefit Funds
  • 525110Pension Funds
  • 525000Funds, Trusts, and Other Financial Vehicles
SIC
  • 6300Insurance Carriers
  • 6000Depository Institutions