Hey there, tech enthusiasts! Today, we’re diving into the exciting world of Djamo, a neobank that’s making waves across Francophone Africa.

Djamo isn’t just another fintech in the sea of banking innovations; it’s a unique player focusing on the underbanked communities, particularly in the Ivory Coast and Senegal. With over a million users, Djamo has truly carved out its niche.

The startup recently secured $17 million in funding, marking a significant milestone as the largest investment for an Ivorian startup to date. This funding will expand its offerings for retail customers and small businesses alike.

Founded in 2020 by Hassan Bourgi and Régis Bamba, Djamo is on a mission to bridge the financial access gaps in regions where traditional banks often overlook the majority of the population.

This innovative fintech integrates the simplicity of mobile money with the robustness of traditional banking, offering services that target young, tech-savvy users who are looking for more than just basic banking.

While mobile money services remain popular, they often lack advanced financial options like loans and investments. Djamo aims to provide users with a comprehensive financial experience that evolves with them.

As they expand their product offerings, including savings accounts and investment services, Djamo continues to attract both banked and unbanked users, increasing their engagement and growing their customer base.

With a dedicated team of 250, Djamo is set to scale its services across francophone regions, proving that fintech can indeed change the landscape of financial inclusion. The future looks bright, and we can’t wait to see their continued growth!