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Fairmoney
fairmoney.ngLocations
Paris, France · France · Nigeria · Paris, France
industry
Finance
Size
201-1000 employees
Stage
Series B
founded in
2017
Fairmoney is building the leading mobile bank for emerging markets. Our goal is to rebuild Africa's money story by offering tier 1 digital financial services to merchants and consumers alike. In our key market, Nigeria, Fairmoney is currently the most downloaded fintech app in Nigeria with over 10 million downloads and the #1 digital bank in Nigeria. Fairmoney offers a range of digital financial products including near-instant digital loans 24/7, investment products, savings, payments, and cards directly via its mobile app. We give 10,000 loans daily (one every 8 seconds!) in Nigeria and India, and have banking operations in Nigeria, with over 6 million users. We're backed by international investors and have raised a total of $89.9 million in funding to support our development. Fairmoney is unique thanks to its international exposure (with offices on 3 continents) and its impact-driven mission: we bring financial inclusion to underbanked people in emerging markets!
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