FairMoney Ranked Among 2024 Fastest Growing Companies in Africa

This Financial Times recognition is just another feather in FairMoney's well-deserved cap. Having been recognized as a global top 100 startup by CB Insights, it's clear FairMoney is a name to watch.

Uchechukwu Nkenta Add a Comment Categories: Money
2 Min Read

Financial Times just ranked FairMoney, Nigeria’s leading neobank, as one of Africa’s fastest-growing companies! This is a huge win for FairMoney, which has been working hard since its launch in 2017.

With over 17 million downloads, they’re not just Nigeria’s top neobank, they stand as one of Africa’s fastest-growing companies.

FairMoney’s growth has been amazing, especially between 2019 and 2022. They’ve been all about helping people manage their money better, offering things like bank accounts, savings options, loans, the ability to extend loans, and bill payments – all within the FairMoney app.

Sitting at No.12 in FT and having been recognized as a global top 100 startup by CB Insights, it’s clear FairMoney is a name to watch. Their dedication to financial inclusion and innovation is sure to keep them at the forefront of Africa’s fintech revolution.

Founded with a clear mission, their primary objective is to make financial services accessible to everyone in Africa, especially those who don’t have traditional bank accounts. They use technology to create financial tools that are easy to use and understand.

Laurin Hainy, the CEO of FairMoney, is ecstatic about this award. He says it reflects the team’s dedication to innovation and exceeding expectations. But for FairMoney, this is just the beginning. Their focus is on becoming a defining force in shaping Africa’s financial future, ensuring everyone has access to the financial tools they need to succeed.

This is a big win for FairMoney and they’ve proven once again that innovation and financial inclusion can go hand-in-hand, and we’re excited to see what they do next.

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