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FairMoney MFB

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.

Facts about FairMoney MFB

Company type: Fintech
Funding stage: Series B
Founded: 2019
Founders: Laurin Hainy, Matthieu Gendreau
Headquarters: Lagos, Nigeria
Markets: 🇳🇬Nigeria
Total disclosed funding: Subsidiary of FairMoney
Valuation: Undisclosed

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