About PocketApp
PocketApp is a Financial Services company based in Lagos (Nigeria) founded in 2019 by Dare Adekoya and Muheez Akanni, and was acquired by PiggyVest in November 2021. Pocket App is a social commerce app with payments embedded to give you everything you need to SHOP, SELL, PAY GET PAID in Nigeria. Its chief executive, as recorded, is Dare Adekoya. Its website pocketapp.com draws about 27 thousand monthly visits. PocketApp offers products and services including Money Transfers, Virtual and Physical Cards, Groups, and Shops. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include OPay, Xend Finance and Thank U Cash; 3 of its 3 listed competitors have raised funding.
Company details
Pocket App is a social commerce app that allows users to send and receive money for free. It is licensed by the CBN for sending, receiving, and managing money. The app also offers a mobile money wallet and allows users to shop, sell, pay, and get paid in Nigeria.
- Headquarters Lagos, Nigeria
- Founders Dare Adekoya, Muheez Akanni
- Stage Acquired
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
- Email••••••••
- Phone•••• ••••
- Website pocketapp.com
- Social LinkedIn X Facebook Instagram
- Acquired by PiggyVest (Nov 2021)
Products & Services of PocketApp
PocketApp offers a comprehensive portfolio of products and services, including Money Transfers, Virtual and Physical Cards, Groups, and Shops.
App for quick sending and receiving of funds.
Tools for online and physical payment flexibility.
Feature for tracking shared expenses with permissions.
Platform for entrepreneurs to manage online orders.
Apps and channels of PocketApp
PocketApp publishes 2 mobile apps with over 1M+ downloads.
Investors in PocketApp
PocketApp has secured backing from 1 investor. Prominent investors backing the company include PiggyVest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Savings and investment goals are managed via an online platform. | 2016 | piggyvest.com | Lagos, Nigeria |
Investor details for PocketApp
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 PocketApp
2 people are tracked at PocketApp (2 in leadership).
| Name | Role | Group |
|---|---|---|
Dare Adekoya | Co-Founder & CEO | Leadership |
Muheez Akanni | Co-Founder | Leadership |
Complete people profiles for PocketApp
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 PocketApp
2 dated milestones of PocketApp across 2 years, from founding to its latest funding, stage changes and deals.
- Founded PocketApp is founded.
- Exit Acquired by PiggyVest.
Competitors of PocketApp
PocketApp has 3 listed competitors in our database, 3 of them funded. They include OPay, Xend Finance and Thank U Cash.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opayweb.com | 2018 | Lagos, Nigeria | $570M | Wallet-enabled payments are facilitated for consumers and businesses. | ||
| xend.finance | 2019 | Lagos, Nigeria | $2M | DeFi savings are enabled for credit unions and cooperatives. | ||
| thankucash.com | 2018 | Lagos, Nigeria | $5.95M | Reward-based digital wallet for secure consumer payments. |
Detailed competitors of PocketApp
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 PocketApp
The website of PocketApp (pocketapp.com) receives about 27.3K visits a month and ranks #950,403 among all websites worldwide, #8,938 in Graphics Multimedia and Web Design.
- Monthly visits27.3K
▲ 7.3% vs previous month
- Unique visitors9.4K
per month
- Global rank#950,403
among all websites
- Category rank#8,938
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate46%
- Pages per visit3.1
- Average visit1 min 38 sec
- DevicesDesktop 39% · Mobile 61%
Websites whose visitors overlap most with PocketApp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
feedback.techsmith.com | feedback.techsmith.com | 100% | – | ||
m.imore.com | m.imore.com | 91% | – | ||
html5canvastutorials.com | html5canvastutorials.com | 84% | – | ||
| google.com | 82% | 85.8B | #1 | View details | |
pocket.com | pocket.com | 76% | #2,963,855 | – |
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Frequently Asked Questions about PocketApp
PocketApp was founded in 2019.
PocketApp is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Dare Adekoya is the CEO of PocketApp, as recorded in our data. They have also founded this company.
Pocket App is a social commerce app that allows users to send and receive money for free. It is licensed by the CBN for sending, receiving, and managing money. The app also offers a mobile money wallet and allows users to shop, sell, pay, and get paid in Nigeria.
PocketApp's top competitors include OPay, Xend Finance and Thank U Cash.
PocketApp offers Money Transfers, Virtual and Physical Cards, Groups, and Shops.
PocketApp has 1 investor. Key investors include PiggyVest.
Yes. PocketApp was acquired by PiggyVest in November 2021.
Yes. PocketApp publishes PocketApp: Send & Manage Money and 1 more app, with over 1 million downloads.