AWAMO
awamo offers a mobile, biometric core banking system (SaaS) to microfinance institutions in sub-Saharan Africa. It is affordable, easy-to-use, and platform independent. Using this platform 300+ institutions serving 450,000+ consumers are being connected. Going forward, they will be able to additionally sell partner products & services, generating additional revenue and fostering local economic growth. The market awamo serves accounts for more than 600m individuals in sub-Saharan Africa โ on... ly considering awamoโs core services. In awamo's target markets, there are already more than 16,000 MFIs operational with more than 210,000 staff serving 53m+ consumers. Besides, the microfinance sector grows at >10% p.a. and Africaโs population is about to more than double to 2.4bn people until 2050. Currently, Awamo serves 300+ institutions with 450,000+ consumers in Uganda and Kenya. Month-over-month more than 150,000+ transactions are being processed, moving more than 7m EUR through the platform.
AWAMO
Industry:
Banking Biometrics Financial Services FinTech SaaS Software
Founded:
2015-06-12
Address:
Frankfurt, Hessen, Germany
Country:
Germany
Website Url:
http://www.awamo.com
Total Employee:
51+
Status:
Active
Email Addresses:
[email protected]
Total Funding:
2.25 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Google Font API Google Analytics Apple Mobile Web Clips Icon WordPress Content Delivery Network Google Universal Analytics Font Awesome Apache
Current Employees Featured
Founder
Investors List
FinLab
FinLab investment in Seed Round - awamo
Bernd Wendeln
Bernd Wendeln investment in Seed Round - awamo
German Investment and Development Corporation (DEG)
German Investment and Development Corporation (DEG) investment in Seed Round - awamo
Jochen Berger
Jochen Berger investment in Seed Round - awamo
Newest Events participated
Official Site Inspections
http://www.awamo.com
- Host name: dd51926.kasserver.com
- IP address: 85.13.136.77
- Location: Germany
- Latitude: 51.2993
- Longitude: 9.491
- Timezone: Europe/Berlin