JU

Startup Growth B2B

JUMO

AI-powered financial services platform

South Africa , Cape Town Founded 2015 201-500 Website

Total Raised$200,000,000

StageGrowth

Users25M+ customers

Operating Since2015 (11y)

About JUMO

JUMO is a technology platform that uses machine learning and data science to build and operate financial products at scale. The company partners with banks and mobile money operators to provide savings, lending, and insurance products to underserved populations across Africa and Asia.

Funding

Total Raised$200,000,000

Last Round$120,000,000Series C · Nov 2021

Investors

Fidelity InvestmentsGoldman SachsVisaKingsway Capital

Funding History

Series C Nov 2021

Lead: Fidelity Investments

Leadership & Team

Founder(s)Andrew Memory

CEOAndrew Memory

Traction & Recognition

Users25M+ customers

Contact

jumo.world

Quick Facts

CountrySouth Africa

Founded2015

TypeStartup

ModelB2B

Team Size201-500

Operating In

South AfricaGhanaTanzaniaKenyaUgandaPakistan

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