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Phiwa Nkambule Net Worth 2024



Phiwa Nkambule net worth

Phiwa Nkambule net worth: Phiwa Nkambule  is a technology entrepreneur and technology businessperson. He is the co-founder and CEO of FinanceGPT Labs. He previously founded Riovic and Cybatar, and sat on the board of the Royal Science and Technology Park. Phiwa Nkambule net worth

Early life

Phiwa Nkambule was born in Manzini where he also spent his childhood.

In 2006, as a 14-year-old, he began fixing and building computers with his uncle in a small township in Eswatini.

Nkambule moved to South Africa in 2007 for academic purposes. Phiwa was a law student at the University of Pretoria before quitting to start his first technology company Cybatar from his garage in 2014. It was at the university where he taught himself web and app development.


Before leaving the University of Pretoria Phiwa attempted to work with the Swaziland National Library and the Manzini Regional Education Office in 2013 but was rejected. After dropping out of university in 2014 Nkambule founded Cybatar, a technology company focused on fuel delivery from his garage in Pretoria, South Africa.


In September 2021 Phiwa Nkambule discovered that he had been removed from the board of the Royal Science and Technology Park through the company’s website without any official communication.

This follows his public support for the unbanning of political parties after the political unrest that took place in June 2021 in Eswatini.

 The Ministry of Information, Communication and Technology claimed that his 3-year term which started in May 2019 had lapsed

On 24 October 2015, he released the first tuition crowdfunding platform in South Africa in the wake of the FeesMustFall protests that saw the country’s tertiary institutions shut down to help save students from tuition debt

Phiwa Nkambule Net Worth

Phiwa Nkambule net worth is estimated at over $10 million. Nkambule co-founded Riovic, an insurance technology company. The company owns and operates online platforms that connect consumers with insurance, credit and investments.

Source: Glusea