Bank Of Africa

Bank Of Africa

Innovative banking solutions with free transfers for Moroccan expatriates and seamless mobile payments. Learn more
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DateInvestorsAmountRound
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IPO
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$200m

Post IPO Equity
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€145m

Post IPO Debt
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€50.0m

Post IPO Debt
Total Funding-

Recent News about Bank Of Africa

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More about Bank Of Africainfo icon
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BANK OF AFRICA is a prominent financial institution that offers a wide range of banking services, including personal and remote banking, to individuals and businesses. The bank operates in the African and Chinese markets, serving a diverse clientele with innovative solutions like DabaPay, a mobile payment application that allows users to send and receive money instantly and securely. BANK OF AFRICA also provides free transfers for life to new Moroccan expatriates, enhancing its appeal to the Moroccan diaspora. The bank generates revenue through traditional banking services, mobile payments, and international transfers, positioning itself as a key player in the economic relationship between China and Africa.

Keywords: banking, mobile payments, free transfers, Moroccan expatriates, China-Africa relations, DabaPay, personal banking, remote banking, financial services, secure transactions.

Investments by Bank Of Africa

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UgaBus
ACQUISITION by Treepz Nov 2021