{"id":471071,"date":"2021-05-07T10:53:30","date_gmt":"2021-05-07T10:53:30","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471071"},"modified":"2021-05-07T10:53:30","modified_gmt":"2021-05-07T10:53:30","slug":"fmo-participates-in-nigerian-fintech-teamapt-fundraiser","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/05\/07\/fmo-participates-in-nigerian-fintech-teamapt-fundraiser\/","title":{"rendered":"FMO participates in Nigerian fintech TeamApt fundraiser"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Dutch entrepreneurial bank FMO announced on Thursday, May 6, its intention to participate in TeamApt Inc&#8217;s Series A equity (fundraising) with USD 2 million through the FMO Ventures program.<\/p>\n<p>The initiative aims to help the development of emerging markets by investing in innovative technology-based business models. It is supported by contributions from the Ministry of Foreign Affairs of the Netherlands as well as by a guarantee from the European Commission.<\/p>\n<p>As a reminder, TeamApt is a financial technology company that creates financial services for millions of underserved consumers and businesses in Nigeria. The company offers payment gateways, ATMs and access to finance for SMEs.<\/p>\n<p>TeamApt currently has 15 million customers, with more than 35,000 leading businesses and banks relying on its financial access and inclusion solutions. The company has processed more than 3.9 billion USD in transaction volume on all products, providing financial access to 4 million people and directly and indirectly creating 4,000 jobs according to its promoters.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Dutch entrepreneurial bank FMO announced on Thursday, May 6, its intention to participate in TeamApt Inc&#8217;s Series A equity (fundraising) with USD 2 million through the FMO Ventures program. The initiative aims to help the development of emerging markets by investing in innovative technology-based business models. It is supported by contributions from the Ministry of<\/p>\n","protected":false},"author":536116,"featured_media":471072,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16068,12036],"tags":[2998,3154,18163,14930,18162],"class_list":["post-471071","post","type-post","status-publish","format-aside","has-post-thumbnail","category-fintech-telecom","category-sectors","tag-fintech","tag-fmo","tag-fundraiser","tag-nigerian","tag-teamapt","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FMO participates in Nigerian fintech TeamApt fundraiser - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2021\/05\/07\/fmo-participates-in-nigerian-fintech-teamapt-fundraiser\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FMO participates in Nigerian fintech TeamApt fundraiser\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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