FundedIQ
Financial Services

Fonbnk: Funding, Investors & Team (Aug 2026)

Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets. Leveraging the existing network of mobile phone accounts, anyone with a prepaid mobile SIM card can now have access to the global digital economy. We are driving financial inclusion through digital access for the nearly 2-billion humans who are unbanked.

www.fonbnk.com LinkedIn Washington, United States 11-50 employees
Banking Blockchain Cryptocurrency Emerging Markets Financial Services FinTech Mobile Payments Social Impact
Total raised
$3.5M
Rounds
1
Latest
Seed
Mar 2022

Fonbnk has raised $3.5M across 1 funding round on record, the most recent a Seed of $3.5M announced in Mar 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Fonbnk Company Profile and Key Stats

Total funding raised
$3.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$3.5M in Mar 2022
Employees
11-50
reported band
Headquarters
Washington, United States

Latest funding round on record: Mar 2022.

Fonbnk Funding Rounds

Date
Round
Amount
Seed
$3.5M

Fonbnk Founders and Leadership Team

Name
Role
Contact
Chris Duffus
CEO
Locked

Contact details for the Fonbnk team: 1 of 1 has an email address on file.

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Fonbnk Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
16,485
$3.1M

Fonbnk's latest round of $3.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Fonbnk Funding FAQs

What does Fonbnk do?

Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets. Leveraging the existing network of mobile phone accounts, anyone with a prepaid mobile SIM card can now have access to the global digital economy. We are driving financial inclusion through digital access for the nearly 2-billion humans who are unbanked.

How much funding has Fonbnk raised?

Fonbnk has raised $3.5M across 1 round on record. The most recent is a Seed of $3.5M announced in Mar 2022.

When did Fonbnk last raise funding?

Fonbnk's most recent funding round on record is a Seed of $3.5M, announced in Mar 2022.

Who is the CEO of Fonbnk?

Chris Duffus is listed as CEO at Fonbnk.

Where is Fonbnk headquartered?

Fonbnk is based in Washington, District of Columbia, United States.

How many employees does Fonbnk have?

Fonbnk is in the 11-50 employee band.

How does Fonbnk's funding compare to other Financial Services startups?

Fonbnk's latest round of $3.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Fonbnk Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fonbnk is left off this page rather than filled in.

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