Licensed microfinance bank for underbanked Nigerians
FairMoney MFB (MicroFinance Bank arm of FairMoney) issues micro-credit, savings, and debit cards to underbanked Nigerians. Separate from the main FairMoney app above — the MFB provides regulated deposit-taking in Nigeria with NDIC insurance coverage.
Founded
2019Headquarters
Lagos, NigeriaFounders
Laurin Hainy, Matthieu GendreauValuation
UndisclosedBanking-as-a-Service API for Nigerian fintechs
Satellite-powered credit and farm inputs for smallholder farmers
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