About Electronic Esusu
Electronic Esusu is a company based in Lagos (Nigeria) founded in 2016 by Jeremiah Godwin, Raji Adegoke, and Rasak Lawal. Electronic Esusu offers products and services including Digital Finance Platform and Thrift Operations Management. Electronic Esusu operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
- Headquarter Lagos, Nigeria
- Founders Jeremiah Godwin, Raji Adegoke, Rasak Lawal
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website esusu.africa
- Social X Facebook Instagram
- Investors
Products & Services of Electronic Esusu
Electronic Esusu offers a comprehensive portfolio of products and services, including Digital Finance Platform and Thrift Operations Management.
Automates thrift savings, collections, and credit schemes for institutions.
Manages branch operations and transaction tracking for users.
Funding Insights of Electronic Esusu
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Electronic Esusu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | – | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Electronic Esusu
Electronic Esusu has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include First Bank of Nigeria.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided across Nigeria. | 1894 | firstbanknigeria.com | Lagos, Nigeria |
Investor details for Electronic Esusu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Electronic Esusu
3 people are tracked at Electronic Esusu (3 in leadership).
| Name | Role | Group |
|---|---|---|
Jeremiah Godwin | Founder | Leadership |
Raji Adegoke | Founder | Leadership |
Rasak Lawal | Founder & COO | Leadership |
Complete people profiles for Electronic Esusu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Electronic Esusu
2 dated milestones of Electronic Esusu across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Electronic Esusu is founded.
- Funding First funding round.
Competitors of Electronic Esusu
Electronic Esusu 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 Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | – | 42,000 | Diversified financial solutions for business processing and management are provided. | |
| comviva.com | 1999 | Gurugram, India | $13.5M | 2,283 | Software platforms for telecommunications, digital payments, and experiences are provided. | |
| jackhenry.com | 1976 | Monett, United States | – | 7,120 | Banking and payments solutions are provided through a dedicated platform. | |
| blend.com | 2012 | San Francisco, United States | $647.5M | 1,826 | Digital solutions for mortgage and consumer lending are provided. | |
| ia.ooo | 2007 | Gandhinagar, India | – | 642 | Digital payment solutions and enterprise software platforms are provided. | |
| mambu.com | 2011 | Amsterdam, Netherlands | $445.79M | 68 | API-enabled open banking platform is provided for financial institutions. | |
| alkami.com | 2009 | Plano, United States | $422.54M | 667 | Platform offering digital banking software suite for banks and credit unions | |
| aurionpro.com | 1997 | Mumbai, India | – | 2 | Loan and cash management solutions are provided for banks. | |
| synctera.com | 2019 | San Francisco, United States | $95.17M | 58 | Software suite is developed for banks and financial institutions. | |
| finastra.com | 2017 | London, United Kingdom | – | 1,890 | Financial software solutions for lending, payments, and banking are provided. |
Detailed competitors of Electronic Esusu
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Electronic Esusu
The website of Electronic Esusu (esusu.africa) receives about 5.1K visits a month.
- Monthly visits5.1K
Similar companies to Electronic Esusu
10 companies that operate in the same segment as Electronic Esusu (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Electronic Esusu
Electronic Esusu was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Electronic Esusu is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Electronic Esusu was founded in 2016 in Lagos, Nigeria, within the fintech sector. Cloud-based solutions are provided for banking, encompassing loan life cycle management, open banking API integrations, customer engagement tools, and branch and employee management systems. Operations focus on supporting financial institutions across Africa through these digital platforms.
Electronic Esusu offers Digital Finance Platform and Thrift Operations Management.
Electronic Esusu has 1 investor. Key investors include First Bank of Nigeria.