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FairMoney
https://www.fairmoney.ai/Last activity: 02.07.2021
Probably Closed - Reference to FairMoney
FairMoney leverages big data to give access to credit to 2 billion people in emerging markets across the world. Consumers and businesses in these markets often suffer from missing access to credit. FairMoney uses advanced machine learning applied to smartphone data to build credit scores and distribute credit through any mobile application.
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Agoranov | agoranov.com |
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Feb 18, 2021 | 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 in... |
| Sep 17, 2019 | FairMoney raises $11 million for its challenger bank for emerging markets | Fintech startup FairMoney is building a challenger bank in Nigeria. The company first started offering microcredit and now plans to expand to current accounts and savings. FairMoney just raised an $11 million Series A round (€10 million) le... |
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FAQ about FairMoney
Who has invested in FairMoney?
Parsers VC lists 2 investors of FairMoney, among them Agoranov.
What has the press written about FairMoney?
Parsers VC has collected 3 articles mentioning FairMoney, among them “With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India” (Feb 18, 2021) and “FairMoney raises $11 million for its challenger bank for emerging markets” (Sep 17, 2019).
Is FairMoney still active?
FairMoney is probably closed: its latest activity on Parsers VC dates from Jul 2, 2021.