Africa Angel Investors Network

Funding Tracker                 


FairMoney

Image

Online payday loan app


Location: Nigeria
Website: https://www.fairmoney.ng/
Sector: Fintech
Funding Stage: Series A, Debt, Series B, Debt,
Total Funding ($m): 71.49
# of Founders: 3
Founding Year: 2017
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2019$11.1mSeries AFlourish Ventures, DST Global, Newfund Capital, Speedinvest and Le Studio VC
2020$13mDebtLendable
2021$42mSeries BTiger Global, Flourish Ventures, DST Global, Newfund Capital, Speedinvest
2023$5.39mDebtn.a.
Laurin Nabuko Hainy, Nicolas Berthozat, Matthieu Gendreau,
Series A $11.1m
Flourish Ventures, DST Global, Newfund Capital, Speedinvest and Le Studio VC

Debt $13m
Lendable

Series B $42m
Tiger Global, Flourish Ventures, DST Global, Newfund Capital, Speedinvest

Debt $5.39m
n.a.


News
https://afrikanheroes.com/2023/06/14/nigerian-fintech-startup-fairmoney-raises-5-39m-in-series-1-commercial-paper-issuance/