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Awamo

Making microfinance better for meeting the needs of the future African middle class (today’s BoP population) /

awamo offers a unique mobile & biometric banking platform to microfinance lenders in sub-Saharan Africa. Using awamo® 360, these customers can conveniently and securely manage their microfinance business. The social enterprise’s solution is able to help more than 500M people in this region to get (better) access to microfinance by making it mobile-secure and more affordable for borrowers. awamo is headquartered in Frankfurt/Main (Germany) and has subsidiaries in Kampala and Mbarara (Uganda). It is currently raising around EUR 750k to support the next growth steps, out of which around EUR 300k are already committed by an Israel-based FinTech VC and existing awamo shareholders.