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.
Nigerian fintech unicorn Moniepoint has announced a strategic investment from global payments leader Visa.
Renew Capital has announced its investment in Sevi, a Kenyan fintech company regulated by the Central Bank of Kenya.
Heading for Change, a donor-advised fund committed to driving climate solutions with women as key agents of change, has announced plans to invest in two transformative climate-focused initiatives targeting emerging markets in Africa.
© 2021 Empower Africa. All rights reserved.