Aku

Lagos, Nigeria Founded: 2020 • Age: 6 yrs
Aku is recognized as a FinTech company offering payment solutions.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Aku

Aku is a company based in Lagos (Nigeria) founded in 2020 by Patrick Onwumere. It operates as a FinTech. Aku offers products and services including Aku Pay, Aku Cards, and Aku Mobile. Aku operates in a competitive market with competitors including Kuda, Carbon, FairMoney, Sparkle and Kredi Bank, among others.

  • Headquarter Lagos, Nigeria
  • Founders Patrick Onwumere
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Legal Name Akupay Services Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
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Products & Services of Aku

Aku offers a comprehensive portfolio of products and services, including Aku Pay, Aku Cards, and Aku Mobile.

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Primary

Aku Pay facilitates easy sending and receiving money.

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Aku Cards offer a smarter payment method daily.

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Aku Mobile enables simple banking via phone app.

People of Aku

Headcount 10-50
Employee Profiles 9
Board Members and Advisors 1
Employee Profiles
People
Patrick Onwumere
Co-Founder & COO
People
Umoh Bassey-Duke
Chief Technology Officer
People
Adaeze Onwumere
CEO and Co-founder
People
Venon Mapfunde
Head Of Engineering

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Funding Insights of Aku

Investors in Aku

Aku has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Fintech Fund.

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Venture Fund
Investor Description Founded Year Domain Location
Investments in early-stage fintech and DeFi startups are managed.
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Investor details for Aku

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Aku

Investments
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Investment portfolio details for Aku

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Aku

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Detailed financials for Aku

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Aku Comparisons

Aku Primary company
Description
Aku is recognized as a FinTech company offering payment solu...
Location
Lagos, Nigeria
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Aku

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Aku

Aku operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuda, Carbon, FairMoney, Sparkle and Kredi Bank, among others.

Company Name Domain Founded year HQ Location Description
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Kuda is recognized as a digital banking app for Africans.
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Digital banking services for individuals and businesses are offered.
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Digital microfinance banking services are offered to individuals.
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Digital banking services are offered to consumers and businesses.
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Digital financial services are offered to individuals and businesses.
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Detailed competitors of Aku

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  • Domains and locations
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Latest news on Aku

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Complete news archive for Aku

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Aku

Aku was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Aku is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Aku is operated as a financial technology company based in Nigeria, focusing on digital payment solutions. Services are provided in the form of easy payment systems through Aku Pay, debit card offerings via Aku Cards, and mobile banking with Aku Mobile. The company is licensed by the Central Bank of Nigeria, ensuring secure transactions with end-to-end encryption. Operations are centered in Lagos, targeting creatives and individuals seeking simplified financial management.

Aku's top competitors include Kuda, Carbon and FairMoney.

Aku offers Aku Pay, Aku Cards, and Aku Mobile.

Aku has 1 investor. Key investors include The Fintech Fund.

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