Esusu is a fin-tech company that helps users save money, access capital and build credit co-founded by Abbey Wemimo and Samir Goel. It has a peer-to-peer savings app on iOS and Android. So far Esusu has served over 30,000 people, saving them over $20 million in interest rates, according to Forbes.
In August this year the company closed a $1.6 million seed round led by Acumen Fund with input from Sinai Ventures, Kleiner Perkins, Katapult Accelerator, Plug and Play Tech Center, Global Good Fund, Temerity Capital Partners, and prominent angel investors.
According to Abbey Wemimo, Esusu is certain of massive growth and prepared to serve the millions of Americans struggling to save and create a financial identity. “There are 45 million people in the United States without a credit score; our platform helps to score them, build their credit profiles and will ultimately unlock over $3.1 trillion in untapped capital,” he said.