The neobanks aim to attract large customer audiences thanks to their accessible credit products and user-friendly mobile apps.
Fintech Farm was launched in 2021 by Ukrainian investors and entered the Azerbaijan market in November 2021, under the name Leobank, where it already issued around 100,000 cards. It is currently looking to expand its reach in eight new markets from Africa and Asia, including Nigeria, by partnering with local banks.
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