Wemimo Abbey

30 | Entrepreneur | USA

Wemimo Abbey is a Nigerian-born American entrepreneur passionate about using data to bridge the racial wealth gap and create more equitable financial opportunities for low-to-moderate-income households. He is the co-founder & co-CEO of Esusu, a leading fintech company helping individuals save money and build credit by reporting their rent payments to credit bureaus.

Wemino Abbey and his business partner Samir Goel, who both experienced financial exclusion growing up in immigrant homes, founded Esusu in 2018. Esusu has partnered with some of the top property managers in the US, such as WinnResidential, Mercy Housing, and Goldman Sachs Asset Management, to reach over 2.5 million homes across the country. Esusu also offers a savings app that allows users to save together with their friends and family and access zero-interest loans. In 2021, Esusu raised $130 million in a Series B funding round led by SoftBank Vision Fund 2, becoming one of the few Black-owned startups to achieve unicorn status.

Abbey has been recognized as one of the Forbes 30 Under 30 Social Entrepreneurs in 2019, a World Economic Forum Global Shaper, and a Techonomy Fellow for his achievements and contributions.