FairMoney raises $11 million for its challenger bank for emerging markets

Romain Dillet
FairMoney raises $11 million for its challenger bank for emerging markets

Fintech startup FairMoney is building a challenger bank in Nigeria. FairMoney just raised an $11 million Series A round (€10 million) led by Flourish, DST Global partners and existing partners Newfund, Speedinvest and Le Studio VC. FairMoney lets you get a loan from its mobile app.