Fingo

Fintech | Kenya

Fingo is a pan-African digital bank backed by Ecobank, the largest bank in Africa

What they do:

Fingo is a subscription-based pan African Neobank designed for young people to facilitate their banking transactions and services incorporated in April 2021. With an all-in-one financial app, Fingo provides access to: Personal, business and savings accounts. Fingo has partnered with Ecobank, the largest footprint bank in Africa, providing Fingo market access to Ecobank’s 33+ markets.

Why we invested:

Youth in Africa face significant hurdles accessing financial services, enduring lengthy and cumbersome processes for account opening, money transfers, and additional services. With the continent's median age at 18 and its rapid population growth, traditional institutions continue to exclude this demographic, widening the financial inclusion gap. Simplifying and streamlining these processes is crucial to addressing the unique challenges faced by Africa's youth in the financial realm.