Tag: Jumo

South African PayTech companies outshone peers in other sectors in 2021

PayTech companies dominate the list of top 10 South African FinTech deals in 2021 taking four spots. Digital payments in South Africa are...

FinTech investment in Africa nearly quadrupled in 2021, driven by PayTech...

African FinTech Investment surpasses $2bn in 2021 for the first time

Banking-as-a-service platform Jumo nets $120m in funding

South African banking-as-a-service (BaaS) company Jumo has bagged $120m from a recent funding round co-led by Visa, Fidelity Management and Kingsway.

FinTech startup Lupiya bags $1m to fund the rollout of its...

Seven out of ten people in Zambia do not have access to formal financial services, but Lupiya hopes to change that on the back of a new $1m investment from Enygma Ventures.

WealthTech funding hit $1.7bn in the first quarter as challenger banks...

WealthTech companies raised $1.7bn across 86 deals in Q1 2020 as challenger banks in Europe and Australia raise record amounts of capital The global...

JUMO bags $55m in funding as it prepares to launch in...

JUMO, a startup building financial services for emerging market entrepreneurs, has bagged $55m as it looks to move into more markets.

JUMO secures $52m in round led by Goldman Sachs

JUMO, a financial infrastructure and product developer, has secured $52m in a funding round led by Goldman Sachs.

Jumo receives $6m from Finnfund as part of a new credit...

Mobile financial services provider Jumo has received a $6m debt instrument from Finland-based Finnfund, as part of a credit round.

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