Kenya’s former Cabinet Secretary to head up JUMO

Joe Mucheru has been appointed as president of the company.
Staff Writer
Feb 21, 2022

JUMO appoints new Chair and strengthens its board

Latest announcement comes after the company raised US$120-million in November 2021.
Nov 8, 2021

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.
Sep 16, 2021

Absa, Tigo and JUMO unite to accelerate financial inclusion in Tanzania

Companies announce the launch of short-term credit product Tigo Nivushe.
Aug 17, 2021

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.
Nov 19, 2020

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.
Feb 26, 2020

SA Fintech JUMO secures US$55-million

Investment will be used for further geographic expansion.
May 31, 2019

MTN Zambia co-launches KASAKA mobile saving offering

Operator partners Barclays Zambia and JUMO to roll out interest-bearing facility.

SA FinTech JUMO pushes up funding to US$103-million

Latest funding round will be used to expand business across Africa, Asia.
Dec 6, 2018

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.
Oct 16, 2018

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.
Nov 7, 2017

African fintech company JUMO raises US$24m for expansion

Facility arranged by Gemcorp Capital with Finnish development finance company Finnfund contributing US$6 million.