Savi

Lagos, Nigeria Founded: 2013 • Age: 13 yrs Acquired By PiggyVest
App-based alternative savings account

About Savi

Savi is a company based in Lagos (Nigeria) founded in 2013 was acquired by PiggyVest in July 2021.. Savi operates in a competitive market with competitors including PiggyVest, CowryWise, HerVest, Crowdyvest and SumoTrust, among others.

  • Headquarter Lagos, Nigeria
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    PiggyVest

    (Jul 28, 2021)

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Funding Insights of Savi

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Savi

Savi has secured backing from 1 investor. Prominent investors backing the company include PiggyVest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Savings and investment goals are managed via an online platform.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Savi

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Savi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Savi Comparisons

Employees
+
Add Comparison
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Competitors of Savi

Savi 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 PiggyVest, CowryWise, HerVest, Crowdyvest and SumoTrust, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Savings and investment goals are managed via an online platform.
domain founded_year HQ Location
Online & app-based savings platform for individuals
domain founded_year HQ Location
A savings and investment management platform for women is provided.
domain founded_year HQ Location
Individuals are enabled to save via an app-based platform.
domain founded_year HQ Location
Online platform for savings, investments, and financial education in Nigeria.
domain founded_year HQ Location
Microfinance bank providing loans, savings accounts, and digital banking solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Savi

Piggyvest Acquires Savi.ng
Piggyvest4 years ago

Frequently Asked Questions about Savi

When was Savi founded?

Savi was founded in 2013.

Where is Savi located?

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

What does Savi do?

Savi.ng offers an app-based alternative savings account to consumers. It offers services such as deposit account, money transfers, cash withdrawal, investments, personal finance management, and more. App is available on iOS and Android devices.

Who are the top competitors of Savi?

Savi's top competitors include CowryWise, PiggyVest and HerVest.

Who are Savi's investors?

Savi has 1 investor. Key investors include PiggyVest.

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