Head of Risk, FairMoney
Instant loans app
Open for applications
Instant loans app
501-1000 employees
Open for applications
501-1000 employees
Company mission
To bring financial inclusion to underbanked people in emerging markets.
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Company mission
To bring financial inclusion to underbanked people in emerging markets.
Our take
For individuals in emerging markets, it can be difficult to access lending services from traditional banks, making it difficult to get a business off the ground or to secure funds in an emergency. FairMoney is a digital bank that supplies instant loans with no collateral required, to level the finance playing field for underbanked consumers.
FairMoney was founded in 2017 and began operations for people in Nigeria, supplying loans of up to ₦1,000,000 (roughly 2000 Euros). As well as lending, the company also supplies free-transfer bank accounts, a debit card for spending, and other financial services that its clients would not normally be able to access. Application can be done extremely fast, and boasts the simplicity of being conducted via a mobile app.
FairMoney has secured good funding that will allow it to expand operations and hire additional talent. With the acquisition of a microfinance bank license, the company is allowed to operate as a financial service provider in Nigeria, and it has begun expansions into India.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Training & Development
- Full-Remote
- Paid Time Off
Leadership
Laurin Nabuko Hainy
(CEO)Former CEO of Le Studio VC. Has been a Board Member at four companies. Co-founded NutriGo.