PiggyVest, a rapidly expanding savings and investing platform in Nigeria, has been chosen to join a top international high-impact entrepreneur network – Endeavor.
The co-founders of PiggyVest, Somto Ifezue, Odunayo Eweniyi, and Joshua Chibueze, were chosen as Endeavor Entrepreneurs at the 28th Virtual International Selection Panel (vISP) on Tuesday, June 22, 2022, according to a recent announcement from Endeavor.
The ISP is the result of a stringent multi-step selection procedure to find high-impact entrepreneurs who have the potential to use Endeavor’s resources and mentorship to generate significant wealth and jobs and who are dedicated to reinvesting their time and resources in their local entrepreneurship ecosystems to foster the growth of others.
PiggyVest, a financial services website founded in 2016, gives its primarily Millennial and Gen Z customers access to savings and investing products that promote wealth generation and preservation throughout Nigeria.
The Managing Director and CEO of Endeavor in Nigeria, Tosin Faniro-Dada, said, “We are very excited about Piggyvest, Somto, Odun, and Josh who are such strong role models for entrepreneurs in Africa. We’re all proud to be on the journey with them, supporting the growth and mission of the PiggyVest team to democratize and simplify financial services for the next generation and becoming the dominant savings and investment platform across the African continent and other emerging markets.”
“Somto, Odun, and Joshua are serial entrepreneurs with diverse expertise that are critical and have definitely contributed to the impact and success of PiggyVest so far. We believe that it’s perfect timing for the founders to be joining our global network,” she said.
Speaking about the value of joining the Endeavor network, Somto Ifezue, co-founder, CEO, and Lead Product Engineer of PiggyVest said, “The commitment of Endeavor to its entrepreneurs and their vision was very palpable through the journey from meeting them the first time and through all the stages. Endeavour, for us, is a platform that will help accelerate our growth and our reach as we continue to work to help more people achieve financial freedom.”
Co-founder COO also added Odunayo Eweniyi, added, “We’re so happy to be joining the Endeavor network. Community is important on the entrepreneurial journey, and there’s no bigger community than Endeavor. We know that having access to a global community of entrepreneurs, investors and partners is going to prove very valuable to us, and we hope to be able to add as much value to it as we know we will get.”
Speaking on their selection experience, Joshua Chibueze, Co-founder/Chief Marketing Officer said, “Going through the [selection] process, we met people who asked us thoughtful questions and gave us thoughtful feedback. As people whose job is to build based on those, that was exciting and validating. We’re looking forward to all the ways Endeavor can help us shape PiggyVest into the world-class company we know it can be while giving back to the community.”
A group of prominent business people from around the world, including Susan Saideman, Mario Mello, Roshini Bakshi, Matt Tucker, Luis Lora, and Alejandro Artacho, chose Somto Ifezue, Odunayo Eweniyi, and Joshua Chibueze to join the Endeavor network.
The newly chosen entrepreneurs will have access to a wide range of strategic, global support services as a result of being a part of the Endeavor network, including introductions to local and international business mentors, investors, and volunteers from Fortune 500 consulting firms who will assist them in addressing critical needs.