Home Business Nigerian fintech, Esusu breaks into Forbes top 50 US fintechs in 2021

Nigerian fintech, Esusu breaks into Forbes top 50 US fintechs in 2021

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Nigerian-led fintech firm, Esusu Financial, has been shortlisted among Forbes latest 50 Top Fintech companies in the United States of America.

The company was among the new 20 companies that made the 6th exclusive annual Fintech 50.

To qualify for the Fintech 50, startups must have either headquarters or substantial operations in the U.S. and be privately run as of the date of publication.

Forbes Fintech 50 2021 – recognizes the most innovative fintech companies during the year

This year’s list included many personal finance companies like Esusu that leveraged the Covid-19 pandemic to grow even bigger.

Popular companies still on the list include Stripe which is worth $95 billion, Bolt ($850 million), Wise ($5 billion) and Arcus ($75 million).

Esusu’s journey so far

Founded in 2016 by Samir Goel and Nigerian-born Abbey Wemimo, Esusu is a leading platform designed to empower users to better save their income and obtain suitable housing.

It also lets low-income consumers report rent payments to credit bureaus for free as a way to boost their credit scores.

This enables tenants to build credit and property owners to encourage on-time payments. The company currently has over 250,000 registered users in over 30 states and covers over 200,000 rental units.

NIPC INTELLIGENCE

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