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HomeNewsAfrica NewsDjamo Funds Secures Its Microfinance License in Côte d’Ivoire

Djamo Funds Secures Its Microfinance License in Côte d’Ivoire



ABIDJAN, Côte d’Ivoire, 12 September, 2025 /African Media Company (AMA)/ – Djamo Funds, a subsidiary of the Djamo group and a pioneering digital monetary companies platform in Francophone Africa, has formally obtained its license as a microfinance establishment in Côte d’Ivoire, issued by the Ministry of Finance and Funds.

This regulatory recognition supplies Djamo’s purchasers with an extra assure. The corporate’s governance has additionally been strengthened to raised help and serve the monetary wants of its rising buyer base.

“Acquiring this license is a key milestone in our mission. It offers us the instruments to bolster buyer belief and to turn into their main monetary accomplice in managing their every day funds, with regulated and assured companies designed to satisfy native financial realities. Because of our digital mannequin, these microfinance companies will now be inside attain, wherever, at any time, instantly from a smartphone,” mentioned Elfried Didehia, CEO of Djamo Funds.

With this license, Djamo will provide its purchasers new options reminiscent of entry to credit score, interest-bearing financial savings, and present accounts with out limits. These new choices construct on an already robust suite of companies that features wage reception, funds and transfers, funds administration, safe financial savings vaults, and funding. Djamo goals to turn into the first monetary accomplice for its purchasers, offering them with the complete vary of companies they should handle their funds. For customers, this evolution means extra simplicity, extra safety, and extra alternatives.

Lately, Côte d’Ivoire has recorded important progress in monetary inclusion: in accordance with the World Financial institution, the speed has risen from 41% in 2017 to 58% in 2024. Whereas extra folks now have entry to financial institution accounts, entry to credit score and financial savings stays restricted. Djamo’s license is a part of this dynamic, enabling thousands and thousands of individuals to entry credit score and financial savings companies, paving the way in which for extra complete and sustainable monetary inclusion.

Past Côte d’Ivoire, this license displays Djamo’s Pan-African technique to construct a stable digital monetary establishment able to supporting thousands and thousands of individuals of their monetary journey. Additionally current in Senegal, the place it operates with its digital fee and switch companies, Djamo serves in the present day multiple million customers with a seamless, progressive, and 100% digital expertise. Constructing on this milestone, the corporate reaffirms its imaginative and prescient of making an accessible, user-centered monetary establishment

Distributed by African Media Company on behalf of Djamo.

About Djamo

Djamo is a Pan-African digital monetary companies platform designed to make monetary companies easy, accessible, and helpful to thousands and thousands of individuals excluded from the standard banking system, significantly in Francophone Africa, the place fewer than 25% of adults maintain a checking account.

Based in 2019 in Côte d’Ivoire by Hassan Bourgi and Regis Bamba, Djamo supplies, via a single interface, a variety of options together with Visa playing cards, prompt transfers, invoice funds, budgeting instruments, safe financial savings vaults, and investments.

Pushed by fast development, Djamo continues its regional growth and its ambition to turn into the monetary accomplice of selection in Francophone Africa.

Be taught extra: www.djamo.com

Press contact: press@djamo.io

The publish Djamo Funds Secures Its Microfinance License in Côte d’Ivoire appeared first on African Media Company.



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