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FUNDINGUpdated 1 months ago

JUMO World

JUMO: mobile fintech platform partnering with MTN, Airtel, Orange, Ecobank, ABSA, Letshego. SME lending + multi-capital credit orchestration. 6 African countries including Tanzania, Ghana, Uganda, Kenya, Côte dIvoire, Zambia.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
JUMO World Limited
Location
Pan-Africa (6 countries)
Status
Open
Application Deadline
Rolling
Type
Working Capital
Amount
USD 10 to 10,000
Size
small
Language
English
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Description

JUMO is a mobile fintech platform headquartered in Cape Town that partners with mobile network operators (MTN, Airtel, Orange) and banks (Ecobank, ABSA, Letshego) to offer SME lending, savings, and credit orchestration products. JUMO operates a multi-capital credit orchestration model in 6 African countries including Tanzania, Ghana, Uganda, Kenya, Côte dIvoire, and Zambia. The platform enables partner telcos and banks to extend credit to mobile money users at scale using alternative data underwriting.

Focus Sectors

Mobile Lending, Embedded Finance, MSME