FinovateAfrica Sneak Peek: XENO

A look at the companies demoing live at FinovateAfrica on November 27 and 28, 2018 in Cape Town, South Africa. Register today and save your spot.

XENO is a goal-based, automated investment platform that helps users plan, save, and invest for financial goals like retirement, education, income, etc. The company will demo a group-linked investment account.


  • The group is on-boarded as a sponsor and members are on-boarded as investors
  • Each member has a unique investment portfolio
  • Users are able to track individual and group contributions and manage their portfolio

Why it’s great
The XENO group linked account introduces a robo-advisor that savings and investment groups can use to save and invest for financial goals together transparently.

Aeko Ongodia, Chief Executive Officer
Ongodia is a former pension fund manager with the largest pension fund in East Africa. He has extensive industry experience and training.

Joel Niwogaba, Software Developer
Niwogaba has extensive experience developing software applications for firms.

Finovate Alumni News


  • Anorak Raises $6.5 Million in Series A.

Around the web

  • British lender CYBG signs payments partnership with Worldpay.
  • Azimo begins money transfer service to China.
  • AlphaPoint announces TrueUSD integration to Exchange Technology Network.
  • InComm partners with Xsolla to enable online game account funding with cash.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.