FairMoney
PrivateLast Round
Debt
Aug 9, 2024
Total Funding Raised
$55.4M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
FairMoney is a fintech company that operates a digital banking platform providing instant loans, savings accounts, and payment services to individuals and small businesses in emerging markets.
Sector
FinTech
Verticals
Lending & Credit, Digital Payments, Digital Banking, Credit Scoring
Business Model
B2C
Customer Profile
Payment Processing Fee, Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
FairMoney Comparables
Compare FairMoney with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| QuickCheck | 86% | |
| Branch | 85% | |
| Carbon | 85% | |
FairMoney Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Aug 9, 2024 | ||||
| Debt | Oct 17, 2021 | ||||
| Series B | Jul 2, 2021 | ||||
| Series A | Sep 16, 2019 | ||||
| Seed | May 1, 2018 |
Key People
Founding team and executive leadership
FairMoney Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| TLG Capital | Debt |
| DST Global | Series B |
| Flourish Ventures | Series B, Series A |
| Speedinvest | Seed, Series B, Series A |
| Le Studio | Seed, Series A |
| Tiger Global Management | Series B |
| Newfund Capital | Seed, Series B, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 16, 2026
Debo Aderoju appointed as new Executive Director and Chief Risk Officer.
- Mar 16, 2026
Gbenga Shobo appointed as new Chairman with 35+ years of banking experience.
FairMoney Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about FairMoney's valuation, stock price, and market status.