Fintech Revolution: Cowrywise Secures Coveted SEC Licence, Unleashes New APIs!
Nigeria’s Securities and Exchange Commission (SEC) has officially granted Cowrywise, a prominent wealth management startup, a licence to operate as a Fund/Portfolio Manager. This significant development marks a milestone for the fintech sector, as Cowrywise proudly states it is the first fintech in the country to secure such a licence from the SEC. The approval comes shortly after the regulator issued its initial Digital Sub-Broker licence to another investment fintech startup, Chaka.
This new permit formally brings Cowrywise’s operations directly under the regulatory purview of the SEC, solidifying its compliance and security framework. The company announced that the SEC will now act as its
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