FairMoney

FairMoney is a pioneering mobile bank for emerging markets striving to reshape Africa's financial landscape. With a presence in Nigeria, the company stands out as the most downloaded fintech app with over 10 million downloads and the leading digital bank. Offering an array of digital financial products including instant loans and investment opportunities, FairMoney daily disburses 10,000 loans in Nigeria and India, catering to over 6 million users in Nigeria alone. The company has secured substantial funding of $89.9M from international investors, including Newfund, Speedinvest, DST Global, Tiger Global Management, and Flourish Ventures, with the most recent $42.00M Series B investment in July 2021. FairMoney's global footprint includes offices in Paris, Bangalore, Lagos, and Riga, comprising a close-knit team of nearly 600 individuals. The company's ethos, centered around a growth mindset, ambitious aspirations, talent diversity, and customer-centric approach, underscores its mission of promoting financial inclusion in underbanked regions. FairMoney's initiative to extend financial services in emerging markets, coupled with its substantial user base and strong financial backing, makes it a compelling prospect for venture capital investment. With its impressive growth trajectory and a focus on addressing a critical market gap, FairMoney presents an exciting opportunity for venture capital firms seeking to tap into the burgeoning opportunities within African fintech.