Wednesday, October 22, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Djamo, an African fintech business, has raised $14 million in a funding round

Tech Gist Africa by Tech Gist Africa
11/28/2022
in Funding, News - West Africa
0 0
0
Djamo Ivory coast tech news africa

Djamo Ivory coast tech news africa

0
SHARES
Share on FacebookShare on Twitter

Djamo, a fintech in Francophone Africa that is establishing a personal finance company, has raised $14 million in an equity round to continue constructing a full suite of financial services and expand into other countries. 

Enza Capital, Oikocredit, and Partech Africa jointly led the funding round. Janngo Capital, P1 Ventures, Axian, Launch Africa, and other current investors also took part. 

The two co-founders of Djamo, Regis Bamba and Hassan Bourgi, were driven to create it because they wanted the hundreds of millions of people living in the region to have access to straightforward, accessible, mobile-first banking. 

Less than 25% of adults in West Africa have bank accounts, thus there is a clear problem that Djamo is trying to solve. 

In order to provide a seamless mobile-first service with no monthly fees or overdraft penalties, Djamo teams up with local banks. Within 2 days of opening an account, a Visa card will be delivered. 

“Many fintech have recently appeared in Francophone Africa thanks to a regulatory environment that is more tolerant of innovation while safeguarding consumers. According to Hassan Bourgi, co-founder and CEO of Djamo, “The central bank now has a separate bureau for fintech, demonstrating how much they feel fintech can play a vital role in changing financial inclusion. 

This new round of funding will enable the company to enter new markets and complete its array of personal finance services, giving its consumers greater agency and choice in their financial lives.

 

Read more on Tech Gist Africa:

Bizao, a fintech startup based in the Ivory Coast, raises $8.2 million

ANKA, formerly Afrikrea, an Ivorian e-commerce startup, has raised $6.2 million in pre-Series A funding

Susu, a healthtech firm based in Ivory Coast, has raised $1 million in order to expand insurance coverage in Africa

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

PAYDAY Tunisia
Funding

PAYDAY, a Tunisian Insurtech Startup closes Pre-Seed Round at US$3 Million Valuation

by Tech Gist Africa
10/22/2025
0

Tunisian fintech-insurtech newcomer PAYDAY has closed its first pre-seed funding round, achieving a valuation of US$3 million. The financing was...

Read more
Locstat South Africa

Locstat, a South African AI startup Locstat Secures $2.3M in a pre-Series A funding round

10/22/2025
Moniepoint Nigeria

Moniepoint Secures Additional $90M in Series C Extension, Elevating Valuation to Over $1B

10/22/2025
KLIQ Saudi Arabia

KLIQ,  a Saudi Arabia AI marketing platform, secures $2.25M in a seed funding round

10/22/2025
Nuxera AI Saudi Arabia

Nuxera AI Secures $2.5M to Revolutionize Arabic Healthcare with AI

10/22/2025
Next Post
CBREX INDIA

Talent sourcing platform CBREX raises $3M

Indiagold India

Gold loan platform Indiagold raises $10 million

Yandex Russia

Tech giant Yandex plans to sever ties with Russia

No Result
View All Result

The Big 5

Dubai GITEX Global 2025

GITEX Global 2025 Concludes in Dubai: A Milestone for AI, Innovation, and Global Collaboration

by Tech Gist Africa
10/21/2025
0

...

Arabic Language Innovation Accelerator Saudi Arabia

Arabic Language Innovation Accelerator: Empowering the Future of Arabic Tech Startups

by Tech Gist Africa
10/21/2025
0

...

Central Bank of Kuwait

Central Bank of Kuwait Launches Initiative Accelerator Program to Foster Financial Innovation

by Tech Gist Africa
10/21/2025
0

...

Africa startups

Founder Institute Opens Applications for Cameroon–Lagos Fall 2025 Accelerator

by Tech Gist Africa
10/21/2025
0

...

Maor Shlomo

Maor Shlomo: From Solo Visionary to AI Pioneer — A Journey of Innovation and Impact

by Tech Gist Africa
10/21/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.