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.
Ivorian fintech company Djamo has raised $17 million in a new funding round to expand its financial services across Francophone Africa.
The Public Investment Corporation (PIC) has invested $40 million in Africa50 Group, a leading pan-African infrastructure investor and asset manager.
Jules Ngankam is a Cameroonian finance and development expert currently serving as the Group Chief Executive Officer of the African Guarantee Fund (AGF).
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