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 – on... ly considering awamo’s 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 Africa’s 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
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
Philipp Neub COO & Managing Director @ awamo
COO & Managing Director
2013-10-01
Benedikt Kramer Co-Founder & CEO @ awamo
Co-Founder & CEO
2013-10-01
Oscar Musana CTO @ awamo
CTO
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
