Chief Executive Officer / Co-Founder

Woveo

Woveo is a fintech company equipping new-to-credit and credit invisible populations with credit scores through group saving transactions.

Jonah Chininga is the CEO and Co-founder of Woveo, a community banking platform that enables newcomers to get access to affordable credit. The platform is designed for the nine million credit-invisible people in Canada who are often shut out of traditional banking and lending systems. Jonah is from Harare, Zimbabwe. He moved to Prince Edward Island in January 2014 to pursue a degree in Business. In 2019, Jonah attended the United Nations Youth Assembly in New York, a youth leadership conference where they engaged in discussions around the 17 Sustainable Development Goals. The conference talks inspired Jonah to co-found Money & Innovation Connecting Communities (Woveo). Woveo is a mobile app focused on expanding economic access for individuals underserved by the existing financial system. Jonah led Woveo to become the first PEI Company to win the Volta Pitch competition in 2020 and was selected as one of the 30 under 30 innovators in Atlantic Canada.

The idea for the Woveo came from his own experience navigating financial challenges after moving to Canada from Zimbabwe in 2014. It’s a long process to build credit history in a new country, and new immigrants are often considered high risk within the financial services sector because they aren’t permanent residents.

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