South Africa
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.
