France
FairMoney, founded in 2017, is redefining digital banking for emerging markets with a mission to rebuild Africa's Money story. With headquarters in France, the company is focused on delivering Tier 1 digital financial services in Africa, especially in its core market, Nigeria. As the most downloaded fintech app in the nation, FairMoney boasts over 10 million downloads and extends its reach to a user base of over 6 million.
FairMoney's innovative suite of offerings includes near-instant digital loans, investment products, savings, payments, and cards, all accessible through its mobile app. They process a remarkable 10,000 loans daily in Nigeria and India. Supported by international investors, FairMoney has amassed $89.9M in funding, with a significant $42.00M Series B round concluded on 02 July 2021, backed by Newfund, Speedinvest, DST Global, and Flourish Ventures.
With a workforce of nearly 600 people across three continents—Paris, Bangalore, Lagos, and Riga—FairMoney is a testament to the belief that Talent Has No Passport. As it drives the fintech transformation in Africa, the company is persistent in its growth mindset, ambitiously charting a path to scale while striving for deeper customer empathy.
