Founded in 2019 in Abidjan, Côte d’Ivoire, Djamo has rapidly emerged as one of West Africa’s most influential fintech startups. The company’s mission is to build a financial super app that empowers users across the West African Economic and Monetary Union (UEMOA) to take full control of their finances. By bridging mobile money systems with traditional banking, Djamo is redefining how financial services are delivered in a region still dominated by cash transactions.
Empowering Financial Inclusion
Djamo was created with a clear vision to make financial services accessible, transparent, and affordable to everyone. Through its mobile-first platform, users can open a no-fee account in minutes, receive a Visa card, and manage daily transactions seamlessly. The app’s success is rooted in its ability to combine simplicity with reliability, offering financial control to people who were previously excluded from the formal banking system.
Comprehensive Digital Offerings
The company’s services span personal and business banking needs. Customers can send and receive payments locally and across borders, withdraw cash globally, and manage transfers between bank and mobile money accounts. Beyond payments, Djamo offers savings vaults, salary reception features, SME business accounts, and, following its microfinance license approval, new credit and interest-bearing savings products that enhance customer value.
A Secure and Transparent Experience
Security and trust have been central to Djamo’s growth. The platform is certified under PCI DSS standards and uses Visa’s 3D Secure technology to ensure safe online transactions. Operating on a transparent pricing model, Djamo eliminates hidden fees, allowing users to transact freely within the UEMOA region without unexpected costs. Its mobile application, available on Android and iOS, also provides real-time notifications and a 24/7 customer support chat.
Rapid Growth and Investor Confidence
Djamo’s progress has attracted major global investors, validating its regional potential and execution strength. The company has raised over $40 million, with a significant $17 million round in April 2025. Key backers include Y Combinator, Partech Africa, Janngo Capital, Enza Capital, Oikocredit, SANAD Fund, Launch Africa, P1 Ventures, and Axian, underscoring growing confidence in the startup’s sustainable model and expansion strategy.
A New Milestone: BCEAO Microfinance License
In 2025, Djamo became the first fintech in the UEMOA region to secure a microfinance license from the Central Bank of West African States (BCEAO). This historic milestone enables the company to offer lending and savings products directly under the regional regulatory framework. The license strengthens Djamo’s ability to scale financial inclusion by blending innovation with institutional legitimacy.
Leadership and Recognition
The founders’ leadership has been pivotal to Djamo’s journey. CEO Hassan Bourgi, known for his operational rigor and cross-market vision, has guided the company through a period of rapid growth to surpass one million users. His co-founder, Chief Product Officer Régis Bamba, brought deep experience from his previous role at MTN Côte d’Ivoire, helping craft Djamo’s user-centric product strategy. In recognition of their contributions to the nation’s economic development, both Bourgi and Bamba were recently awarded the Medal of Knight in the Order of Commercial and Industrial Merit by the Ivorian government.
Driving the Future of Digital Finance
Djamo’s trajectory positions it as a cornerstone of West Africa’s digital finance ecosystem. With the new BCEAO license, the company can diversify its products while maintaining its commitment to accessibility and affordability. Its combination of cutting-edge technology, regulatory compliance, and customer focus sets a precedent for how fintechs can scale responsibly in emerging markets.
From a bold vision in Abidjan to becoming a regional fintech leader, Djamo is reshaping the financial landscape of francophone Africa. Its expanding suite of products, strong investor backing, and growing user base highlight the company’s strategic maturity and long-term potential. As Djamo continues to expand across UEMOA, it stands as a benchmark for innovation, inclusion, and resilience in Africa’s evolving digital economy.