Spark

What they do:

Spark’s mission is to empower Nigeria's youth with on their path to financial freedom. Their social finance app is built around safe communities, where users can get educated and be directed to trusted services.

Why we invested:

Spark addresses the major time-stuck in transacting, tracking and managing personal and group finances across multiple financial communities, by merging chats and transaction tools into one mobile application. They are a social network first, with financial features inside that allow users to have a special community made just for their finances, businesses and social commerce needs.

Founders:

Michael Costa is Cofounder and CEO of Spark. Driven by empowering others, he's spent the past 8 years living in West Africa, where he has built startups centered around community finance. He’s an alumnus of CU-Boulder and GW Law School.

Ashwin Ravichandran is Cofounder and COO of Spark. A serial tech entrepreneur from India, Ashwin has spent the past 8 years helping to empower and build communities in the African tech ecosystem, most recently as the MD of MEST Africa.

Active in:

Ghana, Nigeria