Nigerian Startup ThankUCash Secures Funding from Brandon Drew

Simeon Ononobi

ThankUCash, Nigerian multi-mechant rewards and loyalty company has secured funding from renowned investor Brandon Drew. He has also joined the startup as an advisor as it prepares to expand internationally.

Having served as an advisor and board member to companies such as Vidcaster, Signal Zero and Lotadata, Drew now becomes an investor and advisor at ThankUCash, which is gearing up for local and international expansion. The startup currently operates out of Lagos, San Francisco and Pune.

Drew is a co-founder and partner at  San Francisco-based Saas Growth Ventures fund where his role specializes in operational efficiency, market penetration of scaled products, and boasts over 2 decades of experience in the SaaS B2B space.

ThankUCash is a tech company co-founded by Simeon Ononobi, Madonna Ononobi, and Suraj Supekar in 2018. The company offers loyalty and rewards to African banks and businesses. ThankUCash enables merchants by growing their revenues while retaining customers on their data analytics-powered rewarding system.

In a statement shared during the announcement, Brandon Drew said, “I have been exceptionally impressed with the entire executive team at ThankuCash.  They have had great insight into the marketplace and their speed of iteration on the product is like none I have seen before. “

“Brandon has an unquestionable depth of experience and knowledge not many people can boast of, which is pivotal to the current phase we are in. It is a pleasure to have him on board and we are sure to achieve great things together with him,” said  Simeon Ononobi, ThankUCash CEO.


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