awamo GmbH

Digital banking & business platform for microfinance in Africa

  • Stage Full Product Ready
  • Industry Fintech
  • Location Frankfurt, Germany
  • Currency EUR
  • Founded June 2015
  • Employees 95
  • Incorporation Type LLC
  • Website awamo.com

Company Summary

awamo offers a mobile, biometric core banking system (SaaS) to microfinance institutions in sub-Saharan Africa. It is affordable, easy-to-use, and platform independent.

Using this platform 300+ institutions serving 450,000+ consumers are being connected. Using the platform, they will be able to additionally sell partner products & services, generating additional revenue and fostering local economic growth.

Team

  • 15+ years experience in banking & credit bureau business, 7+ years experience in different corporate management positions | Previously: SCHUFA Holding AG (Germany’s leading credit bureau) | PhD Economics | MBA | Based in Germany

  • Forbes 30 under 30 | 7+ years of Africa experience | Previously: African Development Corporation (PE fund investing in financial sector in sub-Sahara Africa), KPMG | B.Sc. Business Administration, Certified Microfinance expert | Based in Uganda

  • 10+ years of Africa experience | Previously: ADC (led successful turnaround of Rwanda’s payment switch provider – RSwitch), Ernst & Young, Morgan Stanley | MBA, Certified microfinance expert| Based in Germany

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