Akili

Fonbnk

Founded
2019
Type
Investment
Website

Airtime is Your Onramp to Digital Money

Fonbnk is leveraging the most ubiquitous piece of hardware in the world, prepaid Sim Cards, to provide an onramp to the modern economy for billions of unbanked and underbanked individuals across the world.

Through Fonbnk, simcard minutes are now exchangeable to any digital currency in the world through Fonbnk's digital wallet and virtual bank debit card, opening up use cases like making online purchases, P2P payments, investments, crypto trading, and savings accounts.

Fonbnk is in 11 markets in SSA and have 50k wallets already installed and growing.