FairMoney

Active#9 in Nigeria

Credit-led neobank

Fintech›credit-led neobank

Founded2017

HQLagos

RaisedUSD ~54M

Last roundSeries B · Jul 2021

Country of originNigeriaListed in the Nigeria ranking

Where would you invest?Founded by French entrepreneurs; HQ LagosJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Nigeria · all sectors	Top 15	#9	Edition 0 – beta · October 2026	8 Oct 2026
Consumer neobanks · worldwide	Radar	—	Edition 0 (beta) · Sep 2026	1 Jan 2027

Rank historyOct 2026 · #9First edition: no movements yet.

Estimated valuation

AI · Nigeria ranking

≈ USD 220MUSD 140–330M · Hundreds of M$ Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series B · USD 42M · Jul 2021
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~54M raised in total

Date	Round	Amount	Type	Investors	Source
Jul 2021	Series B	USD 42M	Equity	Tiger Global	techcrunch.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of FairMoney as a PDF, on one of three angles only:

ValuationWhat is FairMoney worth?

Versus competitorsIs #9 the right rank?

Who should acquire itStrategic buyers, and why

Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

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What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in Nigeria

Full Nigeria ranking →

Flutterwave#1Fintech › payment gateway and cross-border paymentsUnicorn OPay#2Fintech › mobile money and walletUnicorn Moniepoint#3Fintech › SME and agent bankingUnicorn Interswitch#4Fintech › payment switching and cardsHundreds of M$

Investors in FairMoney: Tiger Global

Sources. techcrunch.com

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.