• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Companies Corporate deals

DEAL: Fintech Farm raises $7.4 million in funding, set to expand to Nigeria

Michelle Ezenduka by Michelle Ezenduka
January 13, 2022
in Corporate deals, Tech News
CBN to increase loans to agricultural sector to 10% of total bank credit, Agritech, Efficient Power: Addressing a Critical Element in Nigeria’s Agro-Industrial Revolution
Share on FacebookShare on TwitterShare on Linkedin

Fintech Farm, a newly launched fintech firm has announced a seed funding raise of $7.4 million to expand into Nigeria and seven other emerging markets

The funding round was led by Flyer One Ventures and Solid. AVentures, AV ventures capital, Jiji, and U. Ventures also participated in the seed funding. According to the UK-based startup, the firm will launch neobanks across 8 countries, including Nigeria over the next 2 years.

Read: Nigerian fintech API startup, OnePipe raises $3.5 million in seed round

RelatedStories

No Content Available

The company has visited Nigeria severally and its founders have stated that Nigeria is one of their favourite countries. However, for its operations in Nigeria, the company would be adopting a different approach. Instead of partnering with banks, it has obtained a cooperative license and would only partner with a bank to scale further if the company gets up to 200,000 customers.

Fintech Farm belongs to the category of tech startups that receive the highest amount of funding from venture capitalists, as Digital banks have received significant seed funding from venture capitalist companies.

Read: African fintech startup, Mono raises $15 million Series A

What you should know about Fintech Farm

Fintech farm is a newly launched fintech startup based in the U.K that creates digital banks in emerging markets. It is founded by Dmytro Dubilet, Nick Bezkrovnyy and CEO Alexander Vityaz.

The firm launched its first market in November 2021 called Azerbaijan. Upon its launch, it started providing loans to customers with thin credit histories via cards and mobile applications.

As a U.K.-based fintech, Fintech Farm takes a different approach from the conventional model used by neobanks.

The tech start-up also uses a different name in each country it launches but maintains the same design and mascot. Fintech Farm has issued over 100,000 cards and by the end of the year, it hopes to get this number up to a million.

Tags: Fintech Farm
Michelle Ezenduka

Michelle Ezenduka

For further inquiries about this article, contact: Email: ezenduka.michelle@nairametrics.com Twitter: MissAppenine LinkedIn: Ezenduka Michelle

Related Posts

No Content Available
Next Post
Omicron, life-threatening for unvaccinated, elderly and people with underlying conditions – WHO

Omicron, life-threatening for unvaccinated, elderly and people with underlying conditions - WHO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • NDPC urges Court to dismiss Meta’s suit over $32.8 million data privacy sanction 
  • Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 
  • GTCO becomes first banking stock to cross N100 on NGX 

Follow us on social media:

Recent News

Federal High Court, REA

NDPC urges Court to dismiss Meta’s suit over $32.8 million data privacy sanction 

July 16, 2025
Naira , dollar, exchange rate

Naira depreciates to N1,555/$1 ahead of 301st MPC meeting 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics