Baluwo Analysis

Send money to family members abroad; Recharge mobile phones for international calls; Pay electricity bills directly from the app; Manage multiple financial services in one platform; Access support for diaspora needs.

Sponsors the first division of football in Gambia; Offers a free trial for new users; Focuses on connecting users with their origins.

Main Information

• Information: Baluwo is revolutionising the remittance industry. It is an all-in-one app for migrants that allows users to buy products or services for their beneficiaries in Africa and the rest of the world, in addition to sending money/remittances. Best-selling products include mobile and data top-ups, electricity top-ups, food sales, and construction materials. Baluwo enables users to have more control over the use of the funds they send.
• Interests: APP/MOBILE SERVICES, E-COMMERCE, FINTECH/FINANCE/INSURANCE SERVICES, IMPACT/SOCIAL INNOVATION, RETAIL/DISTRIBUTION CHANNELS.
• Location: Hall 8.1 - 4YFN Stand 8.1B34.1A.
• Tagged as startup: Yes.

Contact & Links

• LinkedIn: Connect on LinkedIn
• Twitter: Follow on X (formerly Twitter)
• Phone Number: +34 683586613
• Email: Email

Key Information

• Growth Stage: Series A
• Country: Spain
• Founding Year: 2017

Company Context

• Company Name: Baluwo Financial Services
• Company Website: https://www.baluwo.com