Company Information

Get to know Fingo

Fingo is a financial technology company focused on providing accessible and user-friendly banking solutions to the youth in Africa. Founded by a team of young entrepreneurs and backed by prominent investors like Y Combinator, Fingo aims to address the challenges young Africans face with traditional banking, such as high fees, extensive paperwork, and poor digital experiences. The company operates in partnership with established financial institutions, like Ecobank, to offer services such as instant digital account opening, free peer-to-peer transactions, and a debit card, all managed through its mobile app. Fingo's mission is to empower the continent's large youth population with the financial tools needed to achieve economic independence and literacy.

Industry

Financial BankingPRIMARY
Financial Other Service

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Fingo

Australia

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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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.