A neobank for Africa's 500 million youth
Fingo is building a pan-African digital bank backed by Ecobank, the largest bank in Africa. We are specifically focused on young people.
Today, most Africans pay 5-15% fees to transfer money to friends, family, or businesses - with Fingo these fees will be 10x times smaller.
Banking in Africa is broken for young people
⏳Account opening is very slow: 3-7 day non-digital opening process for personal accounts (and much slower for businesses)
📈Sending money is expensive: transfer fees are upwards of 5-40% depending on transaction type
😫User experiences are poor: clunky banking apps with low uptake & limited advanced features (e.g. saving pots, payment links and bill splitting)
😵💫Different financial services all exist in different places: No central provider for banking, savings, investments and business accounts
🏃🏽♂️Account opening in 240 seconds through automated KYC and digital ID validation
📉Transaction fees are 90% cheaper than competitors
💬A chat focused UI and social tags for sending money reduces user friction and makes transacting fun
🔗Payment links to get paid from anywhere
and more!
We have a signed contract with the largest bank in Africa, Ecobank. This gives us access to 33 markets through a single API.
We are built by and for young people. Fingo is focusing on the largest youth population in history, specifically the 200m urban African youth.
The Fingo App: Beta launched in Kenya with 100 customers and a 5,000 customer waitlist
Join us in changing the African Fintech Landscape!