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About Us
Our Vision
Because 2 billion people have limited access to financial services in developing markets, we created FairMoney, the first digital bank for emerging markets.
What are we
FairMoney is a digital bank that started out providing quick loans of up to 500,000 naira to customers. Recently, FairMoney acquired an MFB licence and has started providing services like account creation, account funding, free bank transfers, bill payments.
How we started
Our Achievements
1,500,000
Active Customers
50,000
20.5%
Amount in Savings
500,000
Loan up to
258
Account savings
As low as 8%
Our interest rate
Our Values
Start with the Client
We are passionate about improving access to financial services in the emerging world and go into exceptional depth to understand our client’s pain-points
Own, don’t rent
We are radical owners who claim 100% ownership for a task, and do not rest till we accomplish our goal. We think of owning a task like owning a property
We are all Scientists
No matter our domain, we follow a systematic approach towards problem-solving through reduction, collaboration, and iteration
70/30 Principle
We believe in speed over certainty, and avoid over-analysis by making decisions based on 70% of the available data and a 30% margin of error
Fly High, Fly Low
We fly high to strategize and make bold plans, then fly low and get our hands dirty to ensure the quality and comprehensiveness of the implementation
Focus (2.5)
In a fast-paced environment, it is always important to know what NOT to focus on. 2.5 projects per week is all that we can handle to balance depth and workload
Growth Mindset
Talent is just a starting point that can be exponentially enhanced through the application of curiosity and hard work, while iterating on problems
Direct Feedback
We value the power of regular & direct feedback, as this helps all of us grow. The ‘How’ matters: Being courteous and good-natured costs nothing
Churn 9 to 5
We LOVE our work and measure output in terms of goals achieved. The 9 to 5 mentality is a vestige of corporates where employees don’t like their jobs.
Talent has no Passport
Talent is distributed equally across the world and we value & embrace adding different cultures, nationalities, and genders to our team
Our Team
Ashley Benson
Chief Technology Officer
Ashley Benson
Chief Technology Officer
Ashley Benson
Chief Technology Officer
Ashley Benson
Chief Technology Officer
Ashley Benson
Chief Technology Officer
Ashley Benson
Chief Technology Officer
Help us take our vision to the Moon
We hire smart and ambitious team members to make our vision a reality for millions of people in Africa and South-East Asia.