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awamo
Microfinance as a Service - mobile and with biometric security
Rang 1 / 10 in Analytics & research
awamo is a next generation biometric banking platform and credit bureau for microfinance in Africa.
awamo enables microfinance lenders (MFIs) in Africa to digitize their business operations with minimal cost and effort by providing a mobile SaaS-solution with integrated biometrics.
awamo creates a unique database with valid personal and financial data on Africa’s future middle class, thus becoming part of the financial and business infrastructure.
The market has 53m microfinance clients with a potential of ~EUR 1bn and grows at 23% p.a. The business model does not incur any lending risk.
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Key Facts
Founded:
06/2015
Legal form:
GmbH
Country and city of head office:
Frankfurt/Main
GermanyFinTech Client Group:
Multiple
Region:
Worldwide
Number of users:
< 1.000
Number of employees:
< 20
Annual turnover:
< 100.000 EUR
Funding stage:
Seed or Business Angel
Total funding until today:
< 1.000.000 EUR
Kaiserstraße 61
60329 Frankfurt/Main
GermanyFintech's privacy page
Founder
Benedikt Kramer
CEO
Microfinance expert, located in Kampala (Uganda), responsible for Sales & Finance.
Philipp Neub
COO
8+ years Africa & management experience, responsible for Operations & Business Development
Kaiserstraße 61
60329 Frankfurt/Main
GermanyFintech's privacy page
Roland Claussen
CPO
10+ years working & management experience in digital finance. Responsible for Product & Marketing.