FinTech Djamo raised $14 million in an equity co-led by Enza Capital, Oikocredit, and Partech Africa

November 25, 2022

Share via:

FinTech Djamo raised $14 million in an equity co-led by Enza Capital, Oikocredit, and Partech Africa, where Janngo Capital, P1 ventures, Axian, Launch Africa, and other existing investors also participated.

Djamo gives hundreds of millions of people in the region access to simple, affordable, mobile-first banking. Djamo collaborates with regional banks to provide a mobile-first service, delivering a Visa card within two days of opening an account and charging no monthly fees or overdraft fees. This new round of funding will enable the company to expand into new markets and continue to develop a full suite of personal finance services aimed at further empowering its customers throughout the region.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

India’s AIIMS hit by outages after cyberattack

Next News

Musk stated Twitter will offer “amnesty” to suspended accounts

Team SNFYI