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Yango Partners with Yabx and COFINA for Digital Lending in Côte d’Ivoire
Yango has announced a collaboration with Yabx and COFINA to introduce a digital lending service in Côte d'Ivoire. Targeting drivers, the "Driver Cash Advance" service offers instant cash advances of up to XOF 300,000 with flexible repayment terms ranging from two to eight weeks. The initiative aims to enhance financial accessibility for individuals previously lacking formal credit opportunities.
This strategic alliance is exclusively available to Yango’s partner drivers, with future plans to extend the service to riders, food delivery agents, and merchants. By integrating financial services directly within the Yango app, this partnership reduces barriers to accessing credit and supports a growing gig economy in the region. With Yango’s extensive user base and rapid growth, this service promises to considerably widen financial inclusion in Côte d'Ivoire.
R. H.
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