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Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion behemoth, is the credit-led model. Neobanks operating this model start by offering credit via cards or on an app and subsequently offer bank accounts as a gateway to other services. Nigerian fintech startup FairMoney operates this model. Today, it is announcing a $42 million Series B raise to diversify its offerings and expand to “become the financial hub for its users.” 

Scott shleiferLaurin hainyNicolas berthozatGlobal managementFlourish venturesMatthieu gendreauChipper cashBezos expeditionsAvenir growth capitalTiger globalஉலகளாவிய மேலாண்மைசெழித்து வளரும் முயற்சிகள்மாதிதிஎ கென்றேஓசிப்பர் பணம்அவெனிற் வளர்ச்சி மூலதனம்புலி உலகளாவிய