YC-Backed Moni Rebrands as Rank, Targets Africa’s Informal Finance with Licensed Banking Power - Tech
10 Articles
10 Articles
Moni Rebrands as Rank After Acquiring AjoMoney and Zazzau MFB - Innovation Village | Technology, Product Reviews, Business
Y Combinator-backed fintech startup Moni has officially rebranded as Rank, marking a bold new chapter in its evolution from a community lending platform into a regulated digital financial institution. The transformation follows its acquisition of AjoMoney, a group savings platform, and Zazzau Microfinance Bank (MFB), giving Rank the infrastructure and regulatory footing to expand beyond lending into payments, savings, and investment services. Fo…
Rank launches money app after Moni rebrand and acquisitions
Rank, formerly known as Moni, a Y Combinator-backed FinTech that leverages community and social trust to provide financial services for Africans, has announced a major rebrand and expansion.
YC-Backed Moni Rebrands as Rank, Targets Africa’s Informal Finance with Licensed Banking Power - Tech
YC-backed fintech Moni has officially rebranded as Rank, changing its strategy and vision. The Lagos-based startup has moved beyond its roots in community lending to build a regulated financial ecosystem that connects Africa’s informal savings culture with formal banking infrastructure. The rebrand comes with two key acquisitions, AjoMoney, a digital group-savings platform, and Zazzau Microfinance Bank, which now operates as Rank Microfinance B…
Moni rebrands as Rank, acquires AjoMoney and Zazzau MFB to pioneer a money app for communities
Moni, a Y Combinator-backed fintech that leverages community and social trust to provide financial services for Africans, has rebranded as Rank, marking a strategic shift towards delivering a wider range of financial services for communities. The company has also acquired AjoMoney, a leading provider of group savings solutions, and Zazzau MFB, a licensed microfinance bank that provides services such as savings, deposits and small business loans,…
Nigerian fintech Moni Africa rebrands to Rank, acquires Zazzau MFB and AjoMoney
Moni Africa, a Nigerian fintech startup, has rebranded as Rank to enhance its mission to support small businesses in Africa. As part of the development, the YC-backed startup has also acquired AjoMoney, a digital group-savings platform, and Zazzau Microfinance Bank. Moni Africa understands that the greatest struggle of most businesses at launch is working capital. With this, the startup has provided funds to offer low-interest loans to communiti…
Rank (formerly Moni) Expands with Acquisitions to Build a Community-Powered Money App
Y Combinator-backed fintech Moni has rebranded as Rank, signaling a broader push to become Africa’s leading community-powered money app. The company also announced the acquisitions of AjoMoney and Zazzau Microfinance Bank (MFB) to deepen its product offering and regulatory reach. Why it matters The move positions Rank to digitize Africa’s long-standing community finance systems — […] The post Rank (formerly Moni) Expands with Acquisitions to Bui…
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