Akulaku Group is the older company (2012 vs 2017); FairMoney is the larger of the two.
Side-by-Side Comparison
| Metric | Akulaku Group | FairMoney |
|---|---|---|
| Founded | ||
| Founded | 2012 older | 2017 |
| Headquarters | ||
| Headquarters | Jakarta, Indonesia | Paris, France |
| Employees | ||
| Employees | 896 | 1273 larger |
| Industry | ||
| Industry | Financial Services, Fintech, Insurance | Financial Services, Fintech, Internet |
| Funding Stage | ||
| Funding Stage | Debt Financing | Series B |
| Total Funding | ||
| Total Funding | $748.06M | $67.30M |
| Funding Rounds | ||
| Funding Rounds | 13 | 4 |
| Services | ||
| Services | Not tracked yet | Digital Banking, Personal Loans, Savings Solutions, Flexible Credit Lines, Card Payments, Bill Payments |
| Target Customers | ||
| Target Customers | Not tracked yet | Individuals seeking financial stability, Nigerians needing quick and easy access to banking services, Customers looking for secure international money transfer options, Users wanting flexible and high-interest savings accounts, Customers requiring reliable customer support |
| Taxonomy | ||
| Taxonomy | Digital Finance Platform, Banking Services, Southeast Asia, Indonesia, Philippines, Thailand, Malaysia, Digital Banking, Digital Financing, Digital Investment, Insurance Brokerage, Online Wealth Management, Neobank, Innovative Banking, Financial Management | Digital Banking, Mobile Banking, Emerging Markets, Digital Loans, Financial Inclusion, Investment Products, Savings Solutions, Payments Services, Microfinance, Instant Loans, Credit Solutions, Banking Services, Remote Work, Impact-Driven |
| Website | ||
| Website | akulaku.com | fairmoney.io |
About Akulaku Group
Akulaku Group is a leading banking and digital finance platform in Southeast Asia, specifically operating in Indonesia, the Philippines, Thailand, and Malaysia. Established in 2016, the company focuses on catering to the financial needs of underserved customers in emerging markets through digital ba...
About FairMoney
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...
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