Irish-founded Umba aims to be biggest African bank by 2027 | Business Post

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Could two lads from Limerick end up running the biggest bank in Africa? That’s certainly the plan for Umba, an Irish-founded fintech which is also weighing up the possibility of entering other regions, chastaylor reports.

Barry is the Co-Founder and Chief Financial Officer at Umba and Tiernan Kennedy CEO and Co-Founder at Umba with members of the Umba team

Could two lads from Limerick end up running the biggest bank in Africa? That’s certainly the plan for Umba, an Irish-founded fintech which is also weighing up the possibility of entering other regions. Umba, which last month raised €13.8 million from investors, may only be in one market currently, but it is looking to expand quickly across the African continent, home to an estimated 1.27 billion people, more than half of whom are unbanked.

 

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ChasTaylor Just a load of men running around banking in Africa

ChasTaylor The “Bank of Me” coming soon! Bye bye middlemen/women.

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