Fintech company empowering low-income Nigerian women with skills and credit for entrepreneurship.
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Mamamoni is a fintech company that empowers low-income women in Nigeria by providing them with the skills and credit facilities to become entrepreneurs and achieve financial independence. They also launched Herpay, a payments app for women with lower transaction fees. In 2024, Mamamoni secured $270,000 in funding from Challenge For Youth Employment (CFYE) and plans to expand its agent network to over 2,000 women by the end of the year.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Feb 26, 2024 | $270K | — |