Wekeza
Wekeza is a Pan-African fintech platform founded by Sabrina Lamb that combines multilingual financial education (11 languages) with U.S. stock market access via a mobile app, targeting the African diaspora and other communities historically excluded from investing through fractional shares starting at $1.
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Wekeza does
Wekeza is a Pan-African fintech platform that combines multilingual financial education with U.S. securities investing access through a mobile application, targeting the African diaspora and other historically excluded communities. The company was founded by Sabrina Lamb, who previously launched WorldofMoney in 2005 as a nonprofit youth financial education program graduating over 7,000 young people through 120 hours of immersive curriculum. The Wekeza commercial app launched in 2024 as the first Black woman-owned global investing app, offering access to 3,000+ U.S. stocks and ETFs through fractional shares at $1/month platform access plus $1 per trade. Financial education is delivered in 11 languages (English, French, Hausa, Haitian Creole, Portuguese, Spanish, Swahili, Wolof, Yoruba, Zulu, and Twi), with 17 lessons covering investing basics, stock analysis, portfolio building, and risk management.
The platform's technology stack includes a mobile-first investing application (iOS and Android), an AI-powered financial assistant (Ask Wekeza AI), a global financial news aggregator (Wekeza Global Financial News Pulse), a learning management system (Wekeza Learn), and a youth education suite (Young Moguls, Rising Moguls, Super Moguls, Moguls). Brokerage execution, custody, and regulatory compliance are handled through SEC/FINRA-registered broker-dealer partner ChoiceTrade with SIPC protection. Revenue is generated through subscription fees ($1/month adult, $2.99/month youth), per-trade transaction fees ($1/trade), and institutional licensing for schools, employers, and governments with custom curriculum and white-label options. The company is Techstars-backed, maintains partnerships with Mastercard, Zeta Phi Beta Sorority, and multiple school districts, and has plans to expand investment services into select African countries pending regulatory approval.
Wekeza firmographics
Firmographics- Name
- Wekeza
- Legal name
- Wekeza Holdings, Inc.
- Website
- https://wekeza.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Wekeza is a Pan-African fintech platform founded by Sabrina Lamb that combines multilingual financial education (11 languages) with U.S. stock market access via a mobile app, targeting the African diaspora and other communities historically excluded from investing through fractional shares starting at $1.
- Ownership category
- akta.pro rank
Wekeza industry classification
Industry- Product category
- Mobile Investment Platform
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Digital Brokerage & Self-Directed Investing Platforms (FSAGAEAC)
- akta.pro secondary industries
- Execution-Only / Self-Directed Investing Platforms (FSAAAAAI), FX Conversion, Pricing & Hedging Infrastructure (Treasury/Rate Engines) (FSAGAKAG)
Keywords
Where Wekeza is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Wekeza business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Platform Subscription: $1/month subscription for platform access including financial education, portfolio tracking, and AI assistant. Recurring monthly revenue model.
- Per-Trade Transaction Fees: $1 per trade fee for stock and ETF transactions. Users can invest in 3,000+ U.S. stocks and 1,000+ ETFs with fractional share capability.
- Youth Financial Education Programs: Youth programs for teens at $2.99/month, providing age-appropriate financial literacy education.
- Institutional/Bulk Licensing: Schools, employers, and financial institutions receive customized curriculum programs with bulk pricing and white-label options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Desktop Learning Course - Free access to 17 financial lessons in 8 languages with community support |
| Subscription | Monthly | Mobile Investing App - $1/month platform + $1/trade |
| Subscription | Monthly | Youth Financial Programs - $2.99/month |
| Hybrid | Multi-year contract | Institutional Partnerships - Custom pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Wekeza product offering
Product offeringCore offering
Wekeza is a Pan-African fintech platform that provides multilingual financial education and access to U.S. stock and ETF investing through a mobile application. Consumers can invest in 3,000+ U.S. stocks and ETFs starting at $1/month with $1/trade commissions and fractional share capability, while accessing 17 financial lessons in up to 11 languages. The platform also serves schools, employers, and governments with custom curricula, bulk licensing, and white-label options, with brokerage services delivered through SEC/FINRA-registered partner ChoiceTrade.
Product overview
Wekeza is a Pan-African fintech platform offering a dual-component product: (1) Wekeza Invest, a mobile investing app providing access to 3,000+ U.S. stocks and ETFs starting at $1/month with fractional shares, and (2) Wekeza Learn, a multilingual financial education platform with 17 lessons in 8 languages. The ecosystem also includes Ask Wekeza AI (AI assistant), Planet Wekeza Podcast, Wekeza Global Financial News Pulse, and youth financial education programs (Young Moguls, Rising Moguls, Super Moguls, Moguls). The company originated from the World of Money youth education program. All investing services are provided through SEC/FINRA-registered broker-dealer partner ChoiceTrade.
Differentiator
Problem solved
Functional benefit
Brands
- Planet Wekeza: A financial literacy podcast hosted by Wekeza CEO Sabrina Lamb featuring conversations with financial experts and historians about generational wealth, saving, investing, entrepreneurship, and closing the racial wealth gap.
- World of Money
- Wekeza Global Financial News Pulse
- Ask Wekeza AI
Products and services
- Wekeza Invest (Mobile App) Mobile investing application enabling users to invest in 3,000+ U.S. stocks and 1,000+ ETFs starting at $1 per month with a $1 per-trade commission and fractional share capability. Available on iOS App Store and Google Play, with brokerage services routed through SEC/FINRA-registered partner ChoiceTrade and SIPC-protected custody.
- Wekeza Learn (Adult Financial Education) Multilingual financial education platform offering 17 self-paced lessons in 8 languages covering investing basics, stock analysis, portfolio building, budgeting, credit building, and risk management. Free to access with no credit card required, delivering culturally relevant lessons without financial jargon to diaspora adults.
- Youth Financial Education Programs (Young Moguls, Rising Moguls, Super Moguls, Moguls) Age-appropriate financial literacy curriculum for youth delivered in four age-tiered programs (Young Moguls, Rising Moguls, Super Moguls, and Moguls), each addressing financial skills appropriate for the developmental stage. Available at $2.99 per month for teens and grounded in the WorldofMoney program's culturally relevant curriculum aligned with ELA and Common Core standards.
- Institutional Financial Education Licensing (Schools, Employers, Governments) Customized financial literacy programs for schools, employers, financial institutions, and governments, available through multi-year contracts with bulk pricing and white-label options. Includes teacher curriculum plus parent workshops aligned with ELA and Common Core standards, financial wellness programs for employees, and city-wide financial empowerment initiatives for municipalities.
Quantifiable outcome
- 97.6% customer satisfaction rating
- +3 more outcomes
Companies that use Wekeza
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Wekeza technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature5 records
Wekeza partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- ChoiceTradecoreSEC/FINRA-registered broker-dealer providing U.S. securities products and services. Member of SIPC, providing investor protection up to $500,000. Handles all brokerage services including trade execution, custody, and regulatory compliance.
- MastercardcoreGlobal payments leader partnering with Wekeza for financial services and payment capabilities. Supports Wekeza's mission to expand financial access to underserved communities.
- Yale Black Venture SummitminorEntrepreneurship platform providing recognition and connections for Black founders through Yale's ecosystem.
- HBCU Founders InitiativeminorSupporting HBCU entrepreneurs with resources and connections to help scale their ventures.
- Zeta Phi Beta Sorority, Inc.coreHistorically Black sorority partnering to advance financial empowerment initiatives within the African diaspora community.
- World of MoneycoreSister organization with 120 hours of immersive, culturally grounded financial education. Graduated over 7,000 young people since 2005. Natural pathway for youth graduating into Wekeza's investing platform.
- IQRA Bilingual Academy (Senegal)coreDakar, Senegal school implementing Wekeza's World of Money curriculum district-wide across 31 nations with faith-based financial education aligned with 'Faith, Discipline, Excellence' principles.
- Harlem Community School District 5coreNYC district implementing Wekeza financial literacy programs district-wide with student engagement and pitch competition sponsorship.
Scale indicators8 records
Recent moves6 records
Expansion highlights3 records
Wekeza competitors and assessment
Company assessmentDirect peers
- Stash: Self-directed investing platform combining brokerage access with financial education content and subscription pricing tiers. Directly comparable hybrid education-plus-investing model aimed at retail investors who are new to markets — overlapping with Wekeza's mission of inclusive investing.
- Greenlight: Family fintech offering investing for kids and teens with a strong financial literacy curriculum. Comparable youth-first education and investing combination, although Greenlight is U.S.-only and English-centric versus Wekeza's multilingual, diaspora-focused approach.
- Acorns: Micro-investing app that rounds up purchases and invests spare change into diversified portfolios. Closely comparable consumer self-directed investing model with education and low minimums, although Wekeza differentiates on multilingual, diaspora-focused content and U.S. stock-level trading.
- Public.com: Self-directed investing platform offering fractional shares in U.S. stocks and ETFs with social/community features. Closely matches Wekeza's fractional-share investing product at low cost, and similarly emphasizes community engagement and accessible investing.
Emerging players
- Zogo Finance: Financial literacy app partnering with banks and credit unions to deliver gamified education. Adjacent to Wekeza's Wekeza Learn product and institutional partnerships, though Zogo is primarily an education provider rather than a brokerage.
- Tyke Invest: Early-stage investing app focused on Black and Latino investors with educational content. Closely comparable mission of building wealth in underserved communities, though smaller scale and less multilingual than Wekeza.
Regional players
- Bamboo: Nigerian-founded platform enabling Nigerians and the diaspora to invest in U.S. stocks starting from small amounts. Comparable fractional U.S. share investing + diaspora target, though currently focused on Nigeria rather than the multi-country Pan-African model Wekeza is pursuing.
- Chaka: Nigerian digital brokerage giving local investors access to U.S. and Nigerian equities. Directly comparable cross-border investing model but with a Nigeria-anchored customer base; overlaps with Wekeza's planned Pan-African expansion and shared diaspora use case.
Broad incumbents
- Robinhood: Mass-market self-directed brokerage offering commission-free U.S. stock and ETF trading with fractional shares. Overlaps with Wekeza's core product on price-sensitive U.S. retail investing, but does not specialize in multilingual, culturally tailored, or diaspora-focused experiences.
- Charles Schwab: Large incumbent brokerage and wealth manager with comprehensive U.S. equity trading and education resources. Provides the broader competitive backdrop against which niche self-directed platforms like Wekeza compete, but lacks diaspora specialization or fractional low-barrier onboarding.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks3 records
Key highlights7 records
Customer concentration
Wekeza social profiles
Digital presenceWekeza compliance and trust
Trust signalCompliance4 records
Wekeza financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wekeza leadership team
Management profileNumber of profiles
Profiles5 records
Wekeza funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wekeza M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wekeza
What does Wekeza do?
Wekeza is a Pan-African fintech platform that provides multilingual financial education and access to U.S. stock and ETF investing through a mobile application. Consumers can invest in 3,000+ U.S. stocks and ETFs starting at $1/month with $1/trade commissions and fractional share capability, while accessing 17 financial lessons in up to 11 languages. The platform also serves schools, employers, and governments with custom curricula, bulk licensing, and white-label options, with brokerage services delivered through SEC/FINRA-registered partner ChoiceTrade.
Is Wekeza a public or private company?
Wekeza is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wekeza founded?
Wekeza was founded in 2005. It employs 1 to 10 people.
Where is Wekeza based?
Wekeza is headquartered in New York, United States, in the North America region.
How does Wekeza make money?
Four revenue lines are on record. Platform Subscription is the primary driver. The others are per-Trade Transaction Fees, youth Financial Education Programs and institutional/Bulk Licensing.
Who are Wekeza's main competitors?
Direct peers on record are Stash, Greenlight, Acorns and Public.com. Emerging players are Zogo Finance and Tyke Invest. Regional players are Bamboo and Chaka. Broad incumbents are Robinhood and Charles Schwab.
Does Wekeza have an API?
No public API is recorded for Wekeza.
What industry is Wekeza in?
Wekeza's product category is Mobile Investment Platform. Its primary akta.pro industry code is FSAGAEAC, Digital Brokerage & Self-Directed Investing Platforms, with a secondary code of FSAAAAAI, Execution-Only / Self-Directed Investing Platforms. Its NAICS code is 5231 and its SIC code is 6211.