Faranga

Operating

Mobile money app for MTN MoMo and Airtel Money users in Rwanda with faster transfers and spending insights

Are you the founder?
Updated Source: SLA Startup IndexHow we verify →
Employees
2-10

About Faranga

Faranga is a mobile money app in Kigali, Rwanda, that sits on top of MTN MoMo and Airtel Money. Users send money and track all their transactions in one place, and the app provides insights into spending habits, presenting itself as "Mobile Money 2.0".

LinkedIn describes the product as an intelligence layer over USSD mobile money services. The app also builds a community of people and merchants, and promises faster transactions than the standard USSD menus. Faranga lists a team of 2–10 people.

More FinTech startups in Rwanda

  • Helicode

    Stablecoin-based global hiring, payroll and cross-border payments for teams in Africa · Rwanda

  • Swapinga

    Swapinga is building the financial infrastructure for Africa's electric mobility transition. · Rwanda

  • TikMoney

    Payment gateway for online payments, POS, disbursements and virtual wallets in Rwanda, Burundi, Uganda and Kenya. · Rwanda

  • TandPay

    Protected checkout and storefronts for social-commerce sellers in Rwanda, releasing MoMo payments after delivery. · Rwanda

  • Jali Finance

    Rwandan non-deposit-taking lender offering credit for clean products, income-generating assets and cars · Rwanda

  • Aion Sol

    Rwandan agri-fintech offering buy-now-pay-later financing of climate tools to farming cooperatives. · Rwanda

All 20 FinTech startups in Rwanda

Frequently asked about Faranga

Where is Faranga based and when was it founded?
Faranga is headquartered in Kigali, Rwanda and was founded in 2024.
What sector is Faranga in?
Faranga operates in FinTech and Payments.