Kenya’s Fingo partners with Ecobank, launches neobank on the back of $4M investment
Yesterday, Fingo, a YC-backed Kenyan fintech, launched its neobank, which it developed in collaboration with Pan-African financial institution Ecobank Kenya. The Ecobank subsidiary unveiled the neobank, the first of its kind in the East African country, according to the pair, in an event with the country’s president, William Ruto, in attendance.
The Fingo Africa app will offer its users a bank account “under 5 minutes,” paired with free peer-to-peer transactions and immediate access to multiple services such as savings, financial education and smart spending analytics, the company said in a statement.
