FairMoney

OverviewSuggest Edit

FairMoney is a mobile banking platform for private and business borrowers. It is an application that uses smartphone data to build an instant credit score and give loans.
TypePrivate
Founded2017
HQIkeja, NG
Websitefairmoney.ai

Latest Updates

Employees (est.) (Sept 2019)45
Cybersecurity ratingAMore
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Key People/Management at FairMoney

Laurin Nabuko Hainy

Laurin Nabuko Hainy

Founder & CEO
Matthieu Gendreau

Matthieu Gendreau

Founder & CTO
Nicolas Berthozat

Nicolas Berthozat

CPO and Co-Founder
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FairMoney Office Locations

FairMoney has offices in Ikeja and Paris
Ikeja, NG (HQ)
opposite cadbury plc, 8/10 Hakeem Balogun St
Paris, FR
96 Boulevard Raspail
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FairMoney Financials and Metrics

Summary Metrics

Founding Date

2017

FairMoney total Funding

$54.5 m

FairMoney latest funding size

$42 m

Time since last funding

3 months ago

FairMoney investors

FairMoney's latest funding round in July 2021 was reported to be $42 m. In total, FairMoney has raised $54.5 m
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FairMoney Operating Metrics

Sep, 2019

Total Loans, units

400 k
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FairMoney Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

FairMoney Online and Social Media Presence

Embed Graph

FairMoney News and Updates

Nigeria's FairMoney raises $42m

FairMoney, a Nigerian app-based bank that uses alternative smartphone data to underwrite microcredit, has raised $42 million in a Series B funding round led by Tiger Global Management.

Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion behemoth, is the credit-l…

The culture of empowerment at FairMoney leads to creation of right products for financial inclusion

FairMoney, the Paris headquartered mobile bank has set its target onto the Indian market now having gained a strong foothold in the Nigerian market.

With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India

There are over 1.7 billion underbanked people globally, the majority of which are from emerging markets. For them, accessing loans can be difficult, which is a problem fintechs try to solve. One way they do this is by promoting financial inclusion by underwriting credit via a proprietary algorithm. …

FairMoney Frequently Asked Questions

  • When was FairMoney founded?

    FairMoney was founded in 2017.

  • Who are FairMoney key executives?

    FairMoney's key executives are Laurin Nabuko Hainy, Matthieu Gendreau and Nicolas Berthozat.

  • How many employees does FairMoney have?

    FairMoney has 45 employees.

  • Who are FairMoney competitors?

    Competitors of FairMoney include One Finance, Juno and Rápido y Fácil.

  • Where is FairMoney headquarters?

    FairMoney headquarters is located at opposite cadbury plc, 8/10 Hakeem Balogun St, Ikeja.

  • Where are FairMoney offices?

    FairMoney has offices in Ikeja and Paris.

  • How many offices does FairMoney have?

    FairMoney has 2 offices.