Moneco
Company

Last deal

Amount

Undisclosed

Stage

01.05.2024

Date

4

all rounds

$3.3M

Total amount

General

About Company
Moneco is a financial app for the African diaspora in Europe.

Industry

Sector :

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founded date

01.01.2022

Number of employees

Company Type

For Profit

Last funding type

Undisclosed

IPO status

Private

Description

Moneco provides a one-stop solution for the financial needs of the African diaspora in Europe. The app offers a current account with a local IBAN, various account top-up methods, international card payments, free remittances to Africa, and digital tontines. By utilizing in-house technology and partnerships with KYC providers, Moneco ensures secure transactions and protects users' accounts and cards from financial fraud. The company aims to simplify the financial experience of the diaspora, saving them money and providing convenience by consolidating all their financial needs in one place. Founded in 2022 and based in Paris, France, Moneco is dedicated to serving the African diaspora community in Europe.
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