A neobank for Africa's 500 million youth
Company is active
Event Year: 2021
Company is active
Event Year: 2021
Fingo Africa is developing a comprehensive digital banking platform tailored for the African market. The company aims to provide accessible and affordable financial services to Africa's large youth population. Currently, Africans often face substantial fees, ranging from 5% to 15%, when transferring funds to individuals, families, or businesses. Fingo seeks to disrupt this landscape by offering significantly lower transaction fees, potentially reducing them by up to 90%. The platform is designed to enable young Africans to quickly and easily access a complete range of financial tools, including personal accounts, business accounts, investment options, and savings accounts, all within a streamlined and user-friendly interface.
Fingo Africa is developing a comprehensive digital banking platform tailored for the African market. The company aims to provide accessible and affordable financial services to Africa's large youth population. Currently, Africans often face substantial fees, ranging from 5% to 15%, when transferring funds to individuals, families, or businesses. Fingo seeks to disrupt this landscape by offering significantly lower transaction fees, potentially reducing them by up to 90%. The platform is designed to enable young Africans to quickly and easily access a complete range of financial tools, including personal accounts, business accounts, investment options, and savings accounts, all within a streamlined and user-friendly interface.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Fintech
Fintech
Fintech
Fintech
Team size: 8
Hiring: No
Team size: 8
Hiring: No