FairMoney
FairMoney is a digital bank focused on emerging markets, primarily Nigeria, where it's the most downloaded fintech app with over 10 million downloads. It processes 10,000 daily loans (one every 8 seconds) across Nigeria and India, serving 6 million users.
The growth story
FairMoney grew from 125 to 1,312 employees between 2020 and 2026, raising $68M along the way, most recently a Series B in July 2021.
About
FairMoney provides digital banking services including instant loans, savings accounts, payments, and cards via mobile app. It targets consumers and merchants in Africa and India who lack access to traditional banking.
The company has scaled rapidly since its 2017 founding, reaching 6 million users in Nigeria alone. It last raised $68M in a 2021 Series B from investors including DST Global and Flourish Ventures.
Founders and leadership
Engineering is the largest function with 79 employees. The Paris-headquartered company has a median tenure of 2 years among its 1,312 employees.
The FairMoney org chart
Laurin Nabuko Hainy (CEO) leads 58 mapped leaders with 8 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Accounting 257 (+9% YoY), Customer Success and Support 254 (+6% YoY), Sales 223 (-4% YoY), Finance 149 (+10% YoY), Engineering 106 (-16% YoY), Information Technology 55 (+4% YoY).
Talent flow
Most hires come from Nigerian banks like Union Bank (31), OPay (28), and Access Bank (18). Alumni frequently move to other African fintechs including OPay (17), Moniepoint (16), and Kuda (10).
Most common previous employers of FairMoney staff: Union Bank of Nigeria (31), OPay (28), Access Bank (18), UBA (17), Renmoney (14), Guaranty Trust (13). Former FairMoney employees most often moved to OPay (17), Moniepoint (16), Renmoney (12), Kuda (10), Wema Bank (8), M-KOPA (8).
Alumni worth knowing
The FairMoney mafia
FairMoney alumni have founded 16 companies including BFREE (286 staff), Raenest Business (79 staff), and YC-backed Waza (20 staff).
18Moses Nmor, was Head Of Direct Sales until 2020Julian Flosbach, was General Manager Nigeria until 2020Chukwudi Enyi, was Head Of Marketing until 2020Richard Oyome, was Marketing Lead until 2021Louis DUMAS, was Data Scientist Intern until 2018Emmanuel Igbodudu, was Senior Software engineer (Technical Lead) until 2020
Alfredo J. Prieto, was Country Lead until 2021
Maud Grenier, was HR Manager until 2021
Ayomide Ajayi-John, was Product Marketing Executive until 2020
Nana Yaw Owusu Banahene, was Senior Director - B2B Cross Border Payments until 2025
HAMZA IBRAHIM AHMED, was Aggregator manager until 2023
Fabio Deriu, was Engineering Manager until 2024
Demilade Odetara, was Snr Software Engineer until 2021
Ismaël Cherkaoui, was Finance Director until 2021
Miracle Chidubem Iroha, was Account Relationship Manager until 2023
Sonalin Subhadarshini, was Performance/Growth Marketing Manager until 2024Hiring now
Web traffic
Traffic mix: 33% direct, 56% search, 2% social, 0% paid.
What this company is made of
Most common skills at FairMoney: Communication (437), Customer Service (423), Microsoft Office (356), Customer Relationship Management (CRM) (352), Analytical Skills (305), Problem Solving (296), Microsoft Excel (280), Teamwork (271).
Where the team actually sits
FairMoney people are concentrated in Lagos State, Nigeria (276), Nigeria (92), Federal Capital Territory, Nigeria (62), Karnataka, India (21). 2 offices on record.
Search footprint
FairMoney attracts about 157 organic search visits a month, traffic worth roughly $1K a month if bought through ads. It gained 22 ranking keywords and lost 6 in the last period.
What employees say
- Compensation
- 3.40 / 5
- Career opportunities
- 3.10 / 5
- Senior management
- 2.70 / 5
- Work-life balance
- 2.90 / 5
Frequently asked
FairMoney has 1,312 employees as of September 2026.
FairMoney has raised $68M in total, most recently a Series B round in July 2021.
Laurin Nabuko Hainy (CEO) sits at the top of FairMoney's reporting structure, with 8 direct reports.
The most common previous employers of current FairMoney staff are Union Bank of Nigeria (31 people), OPay (28 people), Access Bank (18 people).
Former FairMoney employees most often move to OPay (17), Moniepoint (16), Renmoney (12).
At least 16 companies have a founder who previously worked at FairMoney, including BFREE, Raenest Business, Inbolt.
FairMoney attracts about 157 organic search visits a month, worth roughly $1K a month in equivalent ad spend.
The most common skills among FairMoney staff are Communication, Customer Service, Microsoft Office, Customer Relationship Management (CRM), Analytical Skills.
FairMoney staff are concentrated in Lagos State, Nigeria (276), Nigeria (92), Federal Capital Territory, Nigeria (62).
FairMoney has about 257 people in Accounting, up 9% over the past year, as of September 2026.
FairMoney has about 254 people in Customer Success and Support, up 6% over the past year, as of September 2026.
Computed from 594 current and 842 former FairMoney profiles, as of September 2026. Source: Crustdata.
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