Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Djamo, which serves over 1 million users in Francophone Africa, has raised $17 million to scale digital banking services across the region.

The fintech Djamo is a financial services application based in Côte d'Ivoire that revolutionizes mobile banking in French-speaking Africa. It raised $17 million during a equity financing tour to expand its range of banking services for consumers and SMEs.The Ivorian fintech Djamo gets $17 million to improve its platform and offer bank services adapted to individuals and SMEs in French-speaking Africa. This financing, led by Janngo Capital with t…

FUNDING | Ivory Coast Fintech, Djamo, Raises $17 Million After Surpassing 1 Million Customers and Serving Over 10,000 SMEs

Ivory Coast fintech startup, Djamo, has secured $17 million in equity funding to support the expansion of its mobile banking services across Francophone Africa. The round was led by: Janngo Capital with participation from: The SANAD Fund for MSMEs Partech OikoCredit Enza Capital, and Y Combinator FUNDING | Janngo Capital Announces Close of Fund 2 at $78 Million to Invest in African Tech The firm markets itself as a ‘gender-equal’ investor and…

Djamo Raises $17M of Equity to Double Down on Digital-First Banking Services for Users Across Francophone Africa

Djamo, a financial services app revolutionizing mobile banking in francophone Africa has secured $17 million in an equity funding round to continue building its suite of banking services for consumers and SMEs . The $17 million investment round was led by Janngo Capital, with participation from SANAD Fund for MSMEs (managed by Finance in Motion), Partech, Oikocredit, Enza Capital and Y Combinator. The new capital will enable Djamo to enhance its…

👨🏿‍🚀TechCabal Daily – Djamo unchained

In partnership with Lire en Français اقرأ هذا باللغة العربية TGIF! But you know how this week will be remembered next year, or maybe forever? It’s the week Trump slapped tit-for-tariffs on about 60 countries, including dozens of African countries, some over 30%.  The cost of doing business with America is shooting up: textiles, oil, or farm produce. So, if you’re building for exporters, supply chains, or powering global payments, this policy …

By targeting users left behind by traditional banks, Djamo is imposing itself as a hybrid alternative between mobile money and digital banking in a still unbanked region. A massive banking exclusion, a structurally neglected market Less than one in four adults has a bank account in French-speaking West Africa. Traditional institutions, often elitist, ... The Djamo article, the neobank that wants to bank in French-speaking Africa, raises $17 mill…