XENO
About your organization / profile
About
XENO is a goal-based investment platform that helps individuals to plan, save, and invest. Customers include:
Individuals - saving to meet personal, joint, or family financial goals.
- Groups - people saving and investing to meet collective financial goals.
- Institutions - companies managing their corporate treasury or pension schemes investing on behalf of their savers.
As of Aug 2024, we have 120,000 registered users of which 36,000 are active with $17m in AUM, and $36,000 in monthly revenue. We are active in two countries [Kenya and Uganda] and recently bought a majority stake in licensed Nigerian company.
Uganda
Our products are distributed via MTN Mobile Money where we appear on the main menu. XENO is the largest and fastest-growing fund manager in Uganda.
Kenya
We launched in May 2024 and we are currently in advanced negotiations with MPESA to distribute our product on their marketplace via their mobile money menu.
Nigeria
MTN MOMO PSB Nigeria wants us to replicate our success in Uganda here. We have the opportunity of becoming the largest fund manager in Nigeria through a distribution partnership with MTN.
Raising:
Size: $1.5m
Network (0)
There are no organizations in the network.
Recent activities
XENO has taken its fundraising offline.
XENO is now a member of the Africa Next community.
XENO has published its search for partners online: Distribution Partnership.
XENO has published fundraising documents.
Aeko Ongodia has joined XENO.