Nigerian Neobank FairMoney’s $42M Series B will help them diversify offerings and expand to “become the financial hub for its users,” providing customers customers a full-fledged banking experience from P2P transfers and lending to debit cards and current accounts.
Tag: FairMoney
September 20, 2019March 11, 2020
Rebooting Banking in Nigeria
Why We Invested in FairMoney by Ameya Upadhyay If you ask someone in Lagos if they have a bank account, more likely...
September 17, 2019March 11, 2020
TechNext Nigeria: FairMoney Wants to Help More Nigerians Access Quick Loans with the $11.02 Million Series A Funding it Just Raised
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.
September 17, 2019March 11, 2020
TechCrunch: FairMoney raises $11 million for its challenger bank for emerging markets
The Series A round was led by Flourish, DST Global partners and existing partners Newfund, Speedinvest and Le Studio VC.
September 16, 2019November 23, 2020
Finextra: Digital banking startup FairMoney raises EUR10 million
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.
September 16, 2019June 19, 2020
Digital Banking Startup FairMoney Raises 10 Million Euros to Build the Leading Mobile Bank for Emerging Markets
Flourish, a venture of The Omidyar Group, led the Series A investment round alongside existing investors.