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Djamo, the financial services app revolutionizing mobile banking in Francophone Africa, hits 1M active customers & raises $17M to double down on digital-first banking services for users across Francophone Africa๐ฐ@djamoci @djamoSN 1/6 https://t.co/cGfjvLYDpF
African neobank Djamo raises $17 million https://t.co/rnE6NpYEeM
NEW: Y Combinator-backed digital bank @djamoci has raised $17M, the largest VC round ever for an Ivorian startup. ๐1M+ users across Ivory Coast and Senegal ๐ผ 10,000+ small businesses ๐ต $4.5B+ in total transactions ๐ 5x revenue growth since 2022. https://t.co/PfEdiUMNOy
Y Combinator-backed neobank Djamo has successfully raised $17 million, marking the largest venture capital round for an Ivorian startup to date. The digital banking platform serves over 1 million users across Ivory Coast and Senegal, and has supported more than 10,000 small businesses. Djamo has processed over $4.5 billion in total transactions and has experienced a fivefold revenue growth since 2022, highlighting its significant impact on mobile banking in Francophone Africa.