Kenyan startup Fingo has partnered Ecobank to launch a new app aimed at powering financial inclusion across Africa.
Fingo, which took part in Y Combinator in 2021, empowers Africa’s youth by enabling them to open a bank account via their mobile phone in less than four minutes, send money to other Fingo users for free, and to M-Pesa users and paybills via Paybills and Till numbers at subsidised rates.
Users therefore get instantly rewarded whenever they use the app for their day-to-day transactions. Opening the Fingo digital account is free, safe and easy, and attracts no minimum balance and no monthly fees.
The app has initially been launched in Kenya but will shortly be rolled out across Ecobank’s pan-African footprint.
“We are delighted that our Fingo Africa app will accelerate financial inclusion for Kenya’s youth and empower them just by using their mobile phones. We are looking forward to rolling-out the app’s availability throughout Ecobank’s 33-country footprint, which will…