FairMoney

FairMoney is a fast-growing, credit-led neobank and financial technology company fundamentally focused on closing the financial inclusion gap across emerging markets like Nigeria and India. Founded in 2017 by Laurin Hainy, Matthieu Gendreau, and Nicolas Berthozat, and headquartered in Lagos, Nigeria (with major operational hubs in Paris and London), the company started as a mobile micro-lending app and has rapidly evolved into a full-scale digital bank. Under the hood, FairMoney leverages proprietary, data-driven credit scoring algorithms to instantly underwrite and disburse micro-loans to underbanked individuals and small businesses who completely lack traditional credit histories. Beyond lending, their ecosystem now offers smart current accounts, high-yield savings products (like FairSave and FairLock), debit cards, and frictionless bill payments. Their primary target audience spans millions of unbanked and underbanked consumers in Africa and Asia who desperately need fast, secure, and accessible financial tools. What sets FairMoney apart in the African FinTech landscape is its massive scale and impact; backed by heavyweight global investors like Tiger Global and DST, they process tens of thousands of loans daily, empowering over 20 million users to bypass the friction of traditional commercial banks and transition seamlessly into the modern cashless economy.