Djamo is addressing the lack of access to bank accounts in Francophone Africa, where fewer than 25% of adults have a bank account. To combat this, Djamo provides is providing simple and affordable e-banking for French-speaking Africans. It gives users access to a Visa card within 48 hours of creating an account without any monthly fees or overdraft charges.

Djamo’s services are available through its app, available on Android and IOS. Through the app, users can order the card, which can be blocked or unblocked remotely and comes with 3D Secure extra fraud protection. The product is already very popular, having onboarded over 500,000 customers as of November 2022 and with a 4.6-star rating.

Innovating at a rapid pace, the company has rolled out 3 additional services this year, all driving clear customer value: virtual accounts, automatic saving and a product to receive salaries, complementing the existing local and cross border payment offer available with the App and card.