CROWDYVEST Holdings an investment company based in Lagos, established to build technology solutions that meet the United Nations 17 Sustainable Development goals in different sectors will begin operating under a new name and will be known as ‘EMFATO Holdings’. In 2019, Onyeka Akumah, alongside his co-founders identified various opportunities in different high-impact industries using technology to create solutions for Nigerians with the potential to scale across Africa.
This led to the establishment of Crowdyvest Holdings (CVH) to invest in such business opportunities and CVH had since launched or invested in two portfolio companies, Crowdyvest, a fintech startup focused on financing impact-driven opportunities, and Plentywaka- a trans-tech startup focused on changing the way people get around in Nigeria’s major cities starting with buses.
Both startups joined Farmcrowdy which was the first portfolio company of CVH and formerly led by Kenneth Obiajulu. In June 2020, it was learned that Kenneth Obiajulu reached a mutual agreement to leave Farmcrowdy while its founder, Onyeka Akumah, has now returned as Chief Executive Officer to lead Farmcrowdy into the next chapter of its growth.
EMFATO Holdings formerly Crowdyvest Holdings will now be focused on providing the necessary support for its portfolio businesses while identifying new businesses that will build tech solutions to power collaborative developments within Nigeria, Africa, and the world. This change of name will not affect the affairs of the company as well as its portfolio companies.
Each of the portfolio companies under EMFATO Holdings has applied innovative thinking to impact the lives of individuals across the globe. This portfolio of businesses is now focused on Fintech, Transtech and Agtech including.
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