FinTech FairMoney has raised $42 million in a Series B funding round to expand its financial services offerings in Nigeria and India, Nairametrics reported Friday (July 2). The Nigeria-based firm provides underbanked users with bill payment solutions and collateral-free lending. The company has recently received...
In emerging markets, individuals and businesses have pivoted into the digital age because, simply put, they’ve had to. The pandemic has upended traditional economics and economies, changing the commerce system, and even disrupting the way more sophisticated financial service products — like loans — find...
In today’s top payments news around the world, Utily.fr is working with Limonetik to grow payment options, while goPuff might be about to buy U.K.-based Fancy Delivery. Plus, FairMoney has named Rohan Khara as the company’s news chief product officer. Limonetik Partners With France’s Utily.fr...
FairMoney today (Feb. 15, 2021) named a new chief product officer — Rohan Khara, formerly head of product at Gojek. FairMoney, which provides financial services to customers in Nigeria and in India, said in a news release that Khara has been tasked with “driving product...
February 26, 2021
In emerging markets, individuals and businesses have pivoted into the digital age because, simply put, they’ve had to. The pandemic has upended traditional economics and economies, changing the commerce system, and even disrupting the way more sophisticated financial service products — like loans — find their way to borrower’s hands. For the loan business, the […]
February 20, 2024
FairMoney, a digital bank based in Lagos and headquartered in Paris, is reportedly in talks to acquire Umba, a digital bank operating in Nigeria and Kenya. The talks involve a $20 million all-stock deal, but negotiations are in their early stages, TechCrunch reported Tuesday (Feb. 20), citing unnamed sources. Neither FairMoney nor Umba immediately replied […]
July 02, 2021
FinTech FairMoney has raised $42 million in a Series B funding round to expand its financial services offerings in Nigeria and India, Nairametrics reported Friday (July 2). The Nigeria-based firm...
February 15, 2021
FairMoney today (Feb. 15, 2021) named a new chief product officer — Rohan Khara, formerly head of product at Gojek. FairMoney, which provides financial services to customers in Nigeria and...
December 01, 2019
In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. 30). The goal...
