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A neobank for Africa's 500 million youth
Fingo is building a pan-African digital bank. Today, most Africans pay 5-15% fees to transfer money to friends, family, or businesses - with Fingo these fees will be 90% cheaper. In 240 seconds, any young person will be able to access a full suite of financial services including personal, business, investment and savings accounts.
Fingo Africa positions itself as a neobank aimed at Africa's youth, offering a mobile-first banking experience with savings incentives, personal accounts, budgeting tools, and a native rewards ecosystem. The product focuses on local payments, transfers, bill pay, and financial literacy features within a regulated banking framework. It emphasizes low-friction onboarding and a suite of digital financial services designed for everyday use.
A mobile-based banking platform providing Personal Accounts with features such as interest-bearing savings, budgeting, bill payments, transfers to local banks and mobile wallets (including M-PESA), salary deposits, and a rewards ecosystem where transactions earn Fingo Coins. The app supports peer-to-peer interactions (requests and split bills), card management for virtual prepaid cards (and upcoming physical cards), and a variety of tools to improve financial literacy, track spending, and set savings goals. It also offers business-oriented accounts (Business and Hustle Accounts) with invoicing, payroll, loyalty programs, and API integration, plus a forthcoming debit card (Yellow Ubuntu) and other card management capabilities that enable secure online and offline payments.
Who it’s for: Youth and early-career individuals in Africa seeking accessible mobile banking, personal finance management, and rewards-based savings; small businesses and side hustlers needing invoicing, payroll, and payments capabilities.
ambition/traction signals (first 100k clients, onboarding in minutes, app downloads, product expansions like physical card and business accounts)
Kiiru is the co-founder and CEO of Fingo Africa. Fingo is the first youth focused Pan-African Neo-Bank. Previously he was part of the team at Acorn Holdings, the largest private developer of real estate in East Africa, being the first Kenyan company to successfully list a bond on the London Stock Exchange. Kiiru is a Philosophy, Politics and Economics graduate from the University of Warwick.
Experienced technology founder. Engineered for over a decade, Built outdoor advertising automation allowing advertisers to upload their ads to digital billboards and pay digitally from their devices, and multiple other systems. (Think Instagram ads but on outdoor advertising) Now Joining 3 others to build the largest Neobank for Africa at Fingo.
Trying to bring banking to the African youth! Just a kid who loves interesting problems and creating viable solutions that will outlast me.
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