Series B · Fintech · Paris, France · Founded 2017 · 500–1000 employees
FairMoney is a credit-led mobile banking platform for emerging markets, founded in 2017 and operating in Nigeria and India. The company serves over 5 million users and processes 10,000 loans daily, making it the most downloaded fintech app in Nigeria with over 10 million downloads. FairMoney has raised approximately €50 million from top investors including Tiger Global, DST Global, and Flourish Ventures. The startup offers instant digital loans, savings accounts, payment services, and debit cards through its mobile app, using AI algorithms to assess creditworthiness within 5 minutes without requiring collateral.