Moni
Group Financing for small businesses across Africa.
If you are part of Moni (or you are a YC founder who looks at Moni and thinks that is the kind of business I run), you probably do not have time for a six-month SEO agency contract. Seoable was built for that. Audit your site, queue 100 ready-to-publish posts, and run it all from your AI assistant.
About Moni
Moni finances small businesses in groups across Africa. The collective responsibility of the group serves as a collateral on the loan while the social pressure from the members ensures on-time repayment. There are over 44million SMBs in Africa. We launched 7 months ago and we already have $72k MRR growing at 50% MoM. We achieved 99% repayment on 11,000 units of loans with over $5M disbursed. This is 15 times higher than most financial services in Africa. Femi (CEO) worked previously with the World Bank with a focus on financial services while Dapo (CTO) led the development of the technology for one of the largest digital lending apps We are also backed by Y Combinator(W22), Magic Fund, Ventures Platform, Voltron Capital and more.
Quick facts
- YC Batch
- Winter 2022
- Founded
- 2021
- Headquarters
- Lagos, Nigeria
- Team size
- 20
- Industry
- Fintech • Fintech -> Credit and Lending
- Tags
- banking-as-a-service, fintech, neobank
- Website
- www.moni.africa
- Profiles
- LinkedIn · Twitter · Crunchbase
Founders
Why founders like Moni use Seoable
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