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JUMO logo — We’re building next-generation financial services technologi...

JUMO

We’re building next-generation financial services technologies to empower emerging market entrepreneurs.

Founded 2015 South Africa South Africa 271 employees Venture round Total: $321.15M Big Data, Financial Services +4

General Information

Company Name JUMO
Founded Year 2015
Location South Africa South Africa
Employees 271
Industries Big Data, Financial Services, Fintech +3
Funding Stage Venture round
Business Model B2B, Platform, Embedded Finance
Revenue Model Usage Based, Service Fee, Licensing
Social

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About JUMO

JUMO, founded in 2015 and headquartered in South Africa, is an innovative financial technology company that offers next-generation financial services technologies aimed at empowering entrepreneurs in emerging markets across Africa and Asia. By strategically partnering with banks, MNOs, and e-commerce platforms, JUMO delivers tailored financial solutions to individuals and businesses that have traditionally been underserved by formal financial systems.

Specializing in Big Data, Fintech, Insurtech, Payments, and Banking, the company leverages behavioral data to create financial identities through its scalable platform. Notably, JUMO has achieved substantial outreach, serving over 10 million customers and disbursing more than 40 million loans.

The company secured a $120 million Venture Round investment led by key players like Fidelity, Juven, Kingsway Capital, and Visa in November 2021. This investment underscores confidence in JUMO's mission to connect underserved populations to critical financial opportunities.

Business keywords: Emerging Markets, Financial Technology, Microfinance, Digital Footprint, Behavioral Data, Enterprise Financing, Credit Scoring, AI-Driven Solutions, Bank Partnerships, MNO Collaborations, E-commerce Partnerships, Instant Financing, Financial Identity Creation

Services & Products

Plug-and-play financial infrastructure
AI-driven prediction capabilities
Configurable modular solutions
Unified tech services for banking
Scalable and compliant platform

Target Customers

Top banks and payment companies in Africa SMEs Fintech partners Unbanked entrepreneurs

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $120.00M 4
Fidelity Juven Kingsway Capital
Fidelity, Juven +2
08 Nov 2021
Series C $55.00M 3
Goldman Sachs LeapFrog Investments Odey Asset Management
Goldman Sachs, LeapFrog Investments +1
25 Feb 2020
Venture Round $52.00M 6
VEF Goldman Sachs LeapFrog Investments
VEF, Goldman Sachs +4
18 Sep 2018
Grant $150.00K 1
The MasterCard Foundation
11 Nov 2017
Series C $64.70M 3
Goldman Sachs LeapFrog Investments Odey Asset Management
Goldman Sachs, LeapFrog Investments +1
10 Jan 2017
Series B $11.60M -
18 Sep 2016
Series A $17.70M 1
LeapFrog Investments
LeapFrog Investments
01 Oct 2015
Series A Undisclosed -
20 Jan 2014

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FAQ About JUMO

We’re building next-generation financial services technologies to empower emerging market entrepreneurs.
JUMO was founded in 2015.
JUMO is headquartered in South Africa.
JUMO operates in Big Data, Financial Services, Fintech, Insurtech, Payments and Banking. Its work centres on Emerging Markets, Financial Technology, Microfinance and Digital Footprint. Its customers include Top banks and payment companies in Africa, SMEs and Fintech partners.
JUMO has a B2B, Platform and Embedded Finance business model. Its revenue comes from Usage Based, Service Fee and Licensing.
JUMO has approximately 271 employees.
JUMO has completed 8 funding rounds, raising a total of $321.15M. The latest funding stage is Venture round.
JUMO offers: Plug-and-play financial infrastructure, AI-driven prediction capabilities, Configurable modular solutions, Unified tech services for banking, Scalable and compliant platform.
Top alternatives and competitors to JUMO include FairMoney, Verto, Credit OK, 4G Capital, Jeff App. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
JUMO and FairMoney are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for JUMO, https://bouncewatch.com/company/jumo, updated 11 March 2026. When citing, please name BounceWatch and link this page.

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