# Schoolable

> Schoolable is a Lagos-based fintech (Y Combinator W'19) building financial infrastructure for African education. Through a web platform for schools and a mobile app for parents, it helps private K-12 schools collect fees on time, reconcile payments, run payroll and manage expenses, while letting families plan, save, borrow and pay school fees in installments. Founded by Henry Chibuzo and Angela Essien, it operates on the premise that access to affordable finance is the biggest barrier to quality education in Africa.

- **Founded:** 2018
- **Headquarters:** Lekki, Lagos, Nigeria
- **Founders:** Henry Chibuzo (Co-Founder & CEO), Angela Essien (Co-Founder)
- **Team size:** 22-30
- **Products:** Schoolable for Schools (web platform), Schoolable for Parents (mobile app), School fee financing / loans, Pocket money card
- **Notable:** Admitted to Y Combinator's Winter 2019 batch - one of a small group of African startups that pitched at that Demo Day., Built a dual-sided platform (schools + parents) rather than a single-sided app., Featured among Nigerian edtech CEOs who have raised $100K+ in funding.

## Products & services

- **Schoolable for Schools (web platform)** — A web dashboard where schools collect fees across multiple payment channels, reconcile payments, send invoices, run payroll, manage vendors and expenses, and bank online.
- **Schoolable for Parents (mobile app)** — An Android app that lets parents plan, save toward, borrow for and pay school fees - turning a lump-sum bill into manageable installments.
- **School fee financing / loans** — Installment and loan products that let families spread tuition payments and give schools capital for improvements.
- **Pocket money card** — A card product for managing student spending and pocket money, extending Schoolable from fees into everyday school finance.

## Achievements

- Admitted to Y Combinator's Winter 2019 batch - one of a small group of African startups that pitched at that Demo Day.
- Built a dual-sided platform (schools + parents) rather than a single-sided app.
- Featured among Nigerian edtech CEOs who have raised $100K+ in funding.

## Latest updates

- **2024** — Launched a pocket-money card, extending beyond fee collection into everyday student finance.
- **2025-02** — Profiled by EdRader as a platform transforming school finance management in Nigeria.

## Links

- Website: https://schoolable.co
- LinkedIn: http://www.linkedin.com/company/schoolable
- Twitter/X: https://twitter.com/schoolablehq
- Facebook: https://facebook.com/schoolablehq

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Profile page: https://yespress.io/schoolable-hq-yc-w-19
Published by YesPress — https://yespress.io
Last updated: 2026-07-30
