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YMO logo — Leading digital payment in West Africa, especially in French...

YMO

Leading digital payment in West Africa, especially in French-speaking countries.

Founded 2019 France France 58 employees Grant Total: $3.01M B2C, Financial Services +1

General Information

Company Name YMO
Founded Year 2019
Location France France
Employees 58
Industries B2C, Financial Services, Payments
Funding Stage Grant
Social

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About YMO

YMO is a promising startup revolutionizing digital payment in Africa and its diaspora, particularly in French-speaking countries. The company's mission is to develop simple and accessible solutions for all African citizens, enabling them to make instant payments within the continent and internationally from their mobile phones. Boldly founded in 2019, YMO also aims to provide the African diaspora with unique means to send money and invest in Africa within a legal and secure framework. The company aspires to become the first Pan-African digital neo-bank open to all. Currently available in France and Guinea with over 100,000 clients, YMO has plans to expand to 10 new countries in the coming months, including Senegal, Côte d'Ivoire, Congo, Belgium, Italy, Spain, and the United States. The last investment of $5.00K, as a grant investment, was received on 30 September 2024 from Ecobank Fintech Challenge. YMO operates in the B2C, Financial Services, and Payments industries, with its headquarters based in France.

Business keywords: Digital Payments, Neo-Banking, Money Transfer, Mobile Payments, International Payments, Diaspora Services, E-Wallet, Online Payment, Business Financial Services, Bill Payment, Financial Technology, Mobile App, Expansion Strategy

Services & Products

money transfer
mobile payments
cashless payments

Target Customers

unbanked individuals migrants individuals in Guinea and diaspora communities

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $5.00K 1
Ecobank Fintech Challenge
Ecobank Fintech Challenge
30 Sep 2024
Seed Round €3.00M 3
Breega Super Capital VC INCO Ventures
Breega, Super Capital VC +1
01 Mar 2023

YMO Alternatives & Competitors

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FAQ About YMO

Leading digital payment in West Africa, especially in French-speaking countries.
YMO was founded in 2019.
YMO is headquartered in France.
YMO operates in B2C, Financial Services and Payments. Its work centres on Digital Payments, Neo-Banking, Money Transfer and Mobile Payments. Its customers include unbanked individuals, migrants and individuals in Guinea and diaspora communities.
YMO has approximately 58 employees.
YMO has completed 2 funding rounds, raising a total of $3.01M. The latest funding stage is Grant.
YMO offers: money transfer, mobile payments, cashless payments.
Top alternatives and competitors to YMO include BPN Ödeme & E-Para Hizmetleri, NEXTPLS, BerryPay Official, PayALL, Paxum. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
YMO and BPN Ödeme & E-Para Hizmetleri are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for YMO, https://www.bouncewatch.com/company/ymo, updated 25 March 2025. When citing, please name BounceWatch and link this page.

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