Jumo
Jumo is a South African fintech providing banking-as-a-service credit and savings infrastructure to mobile money operators and banks.
Country
South Africa
Sector
Fintech
Stage
Growth
Founded
2015
Accelerator
—
Raising
Not Raising
About Jumo
Jumo is a South African fintech that provides banking-as-a-service credit and savings infrastructure. Operating across Africa and Asia, Jumo helps mobile money operators and banks serve millions of underserved customers by enabling access to financial products. The company addresses the critical need for accessible financial services in emerging markets. Jumo's distinct approach involves leveraging existing mobile money ecosystems to disburse billions in loans, exemplified by its innovative e-money microfinance asset-backed securitisation.
Funding Rounds
| Year | Round | Amount | Investors |
|---|---|---|---|
| No funding rounds recorded. | |||