Key Developments

Fingo Africa teams up with Ecobank to become Kenya’s first neobank

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Siemens Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
 

The collaboration marks a significant milestone in Kenya’s banking sector and sets the stage for a new era of accessible and innovative banking solutions. Founded in 2021, Fingo aims to empower youths to create a wealthier Africa with distinctly designed financial products. The startup’s collaboration with Ecobank combines the agility and innovation of a neobank with the stability and expertise of an established financial institution.

 

Fingo seeks to deliver financial services such as savings, insurance, and credit to its users at cheaper transfer fees, subsidized rates at pay bills, and cash-back rewards, among other features.

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