Kenya’s former Cabinet Secretary to head up JUMO
Joe Mucheru has been appointed as president of the company.Staff Writer
JUMO appoints new Chair and strengthens its board
Latest announcement comes after the company raised US$120-million in November 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.
Absa, Tigo and JUMO unite to accelerate financial inclusion in Tanzania
Companies announce the launch of short-term credit product Tigo Nivushe.
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.
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.
SA Fintech JUMO secures US$55-million
Investment will be used for further geographic expansion.
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.
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.
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.
African fintech company JUMO raises US$24m for expansion
Facility arranged by Gemcorp Capital with Finnish development finance company Finnfund contributing US$6 million.