FairMoney
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
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2019 | $11.1m | Series A | Flourish Ventures, DST Global, Newfund Capital, Speedinvest and Le Studio VC |
| 2020 | $13m | Debt | Lendable |
| 2021 | $42m | Series B | Tiger Global, Flourish Ventures, DST Global, Newfund Capital, Speedinvest |
| 2023 | $5.39m | Debt | n.a. |
Series A $11.1m
Flourish Ventures, DST Global, Newfund Capital, Speedinvest and Le Studio VCDebt $13m
LendableSeries B $42m
Tiger Global, Flourish Ventures, DST Global, Newfund Capital, SpeedinvestDebt $5.39m
n.a.News
https://afrikanheroes.com/2023/06/14/nigerian-fintech-startup-fairmoney-raises-5-39m-in-series-1-commercial-paper-issuance/