FairMoney is a fintech startup focused on providing digital financial services to emerging markets, with a primary focus on Nigeria. The company offers a range of financial products including instant digital loans, investment products, savings, payments, and cards directly through its mobile app. With over 10 million downloads, FairMoney boasts the title of the most downloaded fintech app in Nigeria and is recognized as the #1 digital bank in the country. Additionally, the company provides over 10,000 loans daily and has amassed a user base of 6 million in Nigeria and India. FairMoney has received substantial backing, raising $89.9M in funding from international investors. The most recent investment was a $42.00M Series B investment led by Newfund, Speedinvest, DST Global, Tiger Global Management, and Flourish Ventures on 02 July 2021. Headquartered in France, FairMoney has a team of nearly 600 individuals spread across 3 continents. The company's mission is to bring financial inclusion to underbanked individuals in emerging markets and it emphasizes qualities like Growth Mindset, Big Plans, Bigger Ambitions, Talent has no Passport and Client-Centric Approach in its team members.
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