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XENO

6th Floor, Workers House, 1 Pilkington Road, Kampala, Uganda

Overview

XENO is a goal-based investment platform led by founder and CEO Aéko Ongodia that enables Africans to save and invest from as little as $3 via web, mobile app, or USSD. The product is designed for both internet-connected users and those without access, and is already pre-installed on 14 million phones in Uganda. XENO emphasizes low management fees and free goal-based planning to expand financial access for underserved individuals. The company reports a 97% retention rate and says it helps millions in Africa build financial resilience and independence. XENO is expanding its customer base into key markets such as Kenya and Nigeria as it scales its offering.

Total raised
$2M
Funding rounds
1
Latest round
Seed
Latest activity
Jan 2023

Industries

  • Apps
  • Finance
  • Financial Exchanges
  • Financial Services
  • FinTech
  • Funding Platform
  • Mobile Apps
  • Personal Finance
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Recent funding

  1. Seed

    Jan 2023

    $2M

Team

  • Aéko Ongodia

    Founder and Chief Executive Officer

    LinkedIn