Why We Invested in FairMoney by Ameya Upadhyay If you ask someone in Lagos if they have a bank account, more likely than not, the answer will be “yes.” You’ll probably get the same answer if you ask if they save with their bank — even though they won’t get a reasonable rate on their...
Author: Ali Weldon (Ali Weldon)
Upadhyay will join the SIBOS event in London for a fireside chat to discuss emerging economies and how financial Inclusion and economic growth are intertwined.
Data from the Financial Health Network's Financial Health Pulse suggests that making financial health a cornerstone of their business could be an opportunity for banks to re-engage with millennials and drive loyalty.
Laurin Hainy, CEO of FairMoney revealed that the company’s vision is to create a holistic financial platform that can cater to underserved customers in emerging markets.
The Series A round was led by Flourish, DST Global partners and existing partners Newfund, Speedinvest and Le Studio VC.
FairMoney, a Paris-based fintech startup that that uses alternative smartphone data to underwrite microcredit in Nigeria, has raised EUR10 million with the aim of creating a fully-fledged mobile banking service.
Flourish portfolio company Aspiration to offer debit-card users cash rewards of 3% to 5%. Retailers in the program include Warby Parker, Brandless.
Flourish, a venture of The Omidyar Group, led the Series A investment round alongside existing investors.
This September in Mexico City, FINNOSUMMIT will take place to connect the Fintech and Insurtech industries to help foster Latin America's transformation through innovation and collaboration.
Why We Invested in 0.5Bn FinHealth