Fonbnk
Technology, Information and InternetWashington, United States11-50 Employees
Fonbnk bridges cash-based economies to Web3, enabling anyone with prepaid mobile credits to access stablecoins and the global digital economy—no bank required.
Expanding Market Reach Fonbnk's recent launch of a digital airtime trading marketplace across East Africa's extensive agent network indicates significant growth opportunities in emerging markets with high mobile penetration and cash-based economies looking to access Web3 assets.
Strategic Partnerships Collaborations with Tanda and Mercy Corps demonstrate Fonbnk’s focus on building strong partnerships within developmental and technological sectors, opening avenues for joint initiatives, community engagement, and expansion into new regions.
Innovative Web3 Access Fonbnk's core offering of enabling users to convert prepaid airtime into cryptocurrencies positions it uniquely within fintech, creating opportunities to target mobile operators, telecom providers, and fintech firms seeking to facilitate digital currency onboarding in underserved markets.
Funding and Growth Potential With a seed funding of $3.5 million and revenue in the $1M-$10M range, Fonbnk is positioned for growth, and there are prospects for additional investment or partnerships to scale its platform and develop new features for increased user engagement.
Educational Outreach The launch of a learn-to-earn program for web3 development indicates an emphasis on user education and skill-building, presenting opportunities to collaborate with educational institutions or development organizations to expand user adoption and deepen market penetration.
Fonbnk uses 8 technology products and services including Varnish, Cloudflare CDN, Squarespace, and more. Explore Fonbnk's tech stack below.
| Fonbnk Email Formats | Percentage |
| First@fonbnk.com | 41% |
| Last@fonbnk.com | 9% |
| First@fonbnk.com | 41% |
| Last@fonbnk.com | 9% |
Technology, Information and InternetWashington, United States11-50 Employees
Fonbnk bridges cash-based economies to Web3, enabling anyone with prepaid mobile credits to access stablecoins and the global digital economy—no bank required.
Fonbnk's revenue is estimated to be in the range of $1M$10M
Fonbnk's revenue is estimated to be in the range of $1M$10M