Peoples Pension Trust
Raising growth capital to expand its successful pension services into Nigeria and Kenya during 2022.
Digitally driven retirement products that target both the formal and the informal sector. Promotes financial inclusion and avoidance of old age poverty.
Peoples Pension Trust is operating licensed trustee services in Ghana.
Reduce old-age poverty by offering flexible and high-quality pension products for both formal and informal sector workers.
Provide 1 million informal workers with a tailor-made pension product by 2025.
A FinTech entrepreneur who brings 20+ years of experience in the digital payments space in Ghana. With a passion to ensure financial inclusion for the poor and underserved, he invested in People’s Pension Trust when the idea was first brought to him in 2016. He was appointed as Chief Executive Officer in April 2020 after having served as a member of the board.
Previously, Saqib founded Interpay which was acquired in 2018 by Emergent Technologies, a global payments integrator with offices in Houston, Santa Clara, and Geneva. He has received the ‘Outstanding Contribution to Ghana’s Fintech & Telecom Sector’ award and the Ghana Fintech CEO of the year at the Ghana CEO Excellence Awards. Saqib has a Bachelors’ in Computer Science from the University of Ghana and a Masters’ in Information Systems Engineering from the University of Manchester, UK.
Retirement For All
Ghana has 13m informal workers, West Africa has an estimated 400m and globally there are over a billion. The sad reality is that majority of these will end up in old age poverty. Peoples Pension Trust is on a mission to solve this crisis by providing pensions and other financial services to informal workers in order to reduce old age poverty and to provide resilience in income generation.
1. Tech Enabled
Anyone can create a pension account with PPT and save any amount, no matter how small, at any time of their convenience.
2. Financial Inclusion
AUM: Euro 1,536,250
Informal sector offering
3. Rapid Growth
Since 2019, the revenues of the business have grown rapidly. CAGR of 45%, during raging pandemics in 2020 and 2021.
Participate in bridge round to fund technology enhancement and expansion into Nigeria and Kenya in 2022.
Peoples Pension Trust is using the Investure Impact Exchange to raise funding and provide investor servicing and a secondary market on the Corda blockchain.
Peoples Pension Trust
60k Clients, 45% CAGR
Expansion into Nigeria and Kenya
Avoid Old Age Poverty