MTN, JUMO drive SA financial inclusion with Qwikloan
Qwikloan allows MoMo users to get small, short-term loans on their mobile phones, ranging from R250 to R10,000, depending on eligibility.
Staff Writer
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2:30
Kenya’s former Cabinet Secretary to head up JUMO
Joe Mucheru has been appointed as president of the company.
2:00
JUMO appoints new Chair and strengthens its board
Latest announcement comes after the company raised US$120-million in November 2021.
2:00
JUMO raises US$120m in latest funding round
Fund will be used to support platform capacity, as well as company’s international expansion in new markets such as Nigeria and Cameroon.
2:10
Absa, Tigo and JUMO unite to accelerate financial inclusion in Tanzania
Companies announce the launch of short-term credit product Tigo Nivushe.
3:50
Considering the SME lending gap in West Africa
Biggest challenges accounting for the SME lending gap are: credit risk, external environmental risk, and technology adoption says Arnold Kavaarpuo, Country Manager, JUMO in Ghana.
2:30
JUMO breaks the US$2.5bn disbursement mark in Africa and Asia
Company has plans to launch in Côte d’Ivoire and Nigeria in the coming months.
1:20
SA Fintech JUMO secures US$55-million
Investment will be used for further geographic expansion.
1:50
MTN Zambia co-launches KASAKA mobile saving offering
Operator partners Barclays Zambia and JUMO to roll out interest-bearing facility.
2:20
SA FinTech JUMO pushes up funding to US$103-million
Latest funding round will be used to expand business across Africa, Asia.
4:00
Uber, JUMO partner to roll out vehicle finance platform
JUMO Drive piloted in Kenya, with plans to expand offering across Sub-Saharan Africa in 2019.
2:10
MTN Zambia, JUMO and Barclays Bank link to launch Kasaka
Barclays Bank Zambia has collaborated with mobile operator MTN Zambia and tech firm JUMO to launch a new interest-bearing mobile savings product called Kasaka.