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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.

Key Information
Organisation
JUMO World Limited
Status
Open
Type
Working Capital
Amount
USD 10 – 10,000
Size
Small
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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

Source: JUMO