Company Information

Get to know Figo Africa

Figo Africa is a B2B financial technology company that has developed a platform to serve as a gateway to financial services across Africa. Their core product is a unified API that allows businesses, primarily lenders, to access a wide range of financial data and services. This includes retrieving bank and mobile money statements, performing identity verification (KYC), and initiating payments. By consolidating these functions into a single integration point, Figo aims to simplify and accelerate the process for companies looking to build and scale lending products and other financial services on the continent.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Figo Africa

Nigeria

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.