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Somto Ifezue

Nationality:NigerianLocation:Lagos, Nigeria
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Overview

**Somto Ifezue: Nigerian Tech Entrepreneur and Co-founder of PiggyVest** Somto Ifezue is a prominent Nigerian software engineer and technology entrepreneur, best known as one of the co-founders of PiggyVest (formerly Piggybank.ng), one of Nigeria's leading digital savings and investment platforms. He is recognized for his contributions to the Nigerian fintech ecosystem, leveraging technology to promote financial inclusion and wealth creation among young Nigerians. **Early Life and Education** While specific details about Ifezue's early life and educational background are limited, his professional profile indicates a strong foundation in technology and software development. His work has been focused on creating and scaling software and retail technology products specifically tailored for the Nigerian market. **Career Progression and Notable Works** Somto Ifezue has over 12 years of experience in building software products. His primary professional focus has been on developing technology solutions to address local market needs. Ifezue is a co-founder of PiggyVest, alongside Odunayo Eweniyi and Joshua Chibueze. The company, launched in 2016, pioneered the development of digital tools that allow users to save and invest money securely and automatically. As a technology-focused co-founder, Ifezue has been instrumental in building the infrastructure and developing the platform that handles millions of users. PiggyVest has expanded significantly since its founding, securing notable seed funding and transitioning from a simple savings platform (Piggybank.ng) to a comprehensive wealth management tool (PiggyVest). **Major Achievements and Recognition** Ifezue's work has earned him significant recognition in the African technology and business sectors: * **Forbes 30 Under 30:** In 2019, Somto Ifezue was listed on the prestigious Forbes 30 Under 30 list, acknowledging his impact and innovation in the technology sector. * **The Future Awards Africa:** As a co-founder of PiggyVest, the company won The Future Awards Africa Prize for Technology in 2018. * **Endeavor Global Network:** Ifezue and his co-founders were selected to join Endeavor’s Global Network of High-Impact Entrepreneurs, highlighting their influence and scale in the global business community.**Current Status** Somto Ifezue remains active in the Nigerian tech space, continuing his role as a key figure in the leadership and technological development of PiggyVest. He continues to operate from Lagos, Nigeria, contributing to the growth and expansion of the platform and the broader African fintech landscape. He is active on social media platforms like X (@somtoifezue).

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