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JUMO

JUMO is a mobile-based platform that facilitates digital financial services such as credits and savings for merchants and banks. Read more

Andrew Watkins-Ball's photo - Founder & CEO of JUMO

Founder & CEO

Andrew Watkins-Ball

CEO Approval Rating

93/100

Founded:

2015

Status:

PrivateIndependent Company

JUMO TOP COMPETITORS OR ALTERNATIVES

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Nomanini is JUMO's #1 rival. Nomanini was founded in 2010 in Cape Town, Western Cape. Nomanini is in the Internet Software field. Nomanini generates $6.7M less revenue than JUMO.

Olympus Mobile is one of JUMO's top competitors. Olympus Mobile is headquartered in Johannesburg, Gauteng, and was founded in 2010. Like JUMO, Olympus Mobile also operates in the Diversified Financial Services space. Olympus Mobile generates 19% the revenue of JUMO.

Veneka is seen as one of JUMO's top competitors. Veneka was founded in 2008, and its headquarters is in Johannesburg, Gauteng. Like JUMO, Veneka also works within the Diversified Financial Services sector. Veneka has 283 fewer employees than JUMO.

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Growth Score - 1/1

Is 317 a good estimate for JUMO's Employee count?

JUMO Acquisitions

No recent acquisitions found related to JUMO

JUMO Funding History

Since JUMO was founded in 2015, it has participated in 7 rounds of funding. In total JUMO has raised $156.5M. JUMO's last funding round was on Feb 2020 for a total of $55.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Feb 2020
$55M

Goldman Sachs

Equity
Dec 2018
$12.5M
Equity
Sep 2018
$52M
Equity
Apr 2018
$3M
Debt
Nov 2017
$24M

Since JUMO was founded in 2015, it has participated in 7 rounds of funding. In total JUMO has raised $156.5M. JUMO's last funding round was on Feb 2020 for a total of $55.0M

JUMO Investments

No recent investments found related to JUMO

JUMO News

March 4, 2020Ventures Africa

South African fintech startup, JUMO, set to expand with new funding round

JUMO, a South Africa's fintech startup has secured a $55 million in debt and equity funding.The post ... See more »
March 3, 2020TechCabal

After consecutive $50m+ rounds, South Africa's Jumo is headed for Nigeria and Cote d'Ivoire

From its base of operations in Cape Town, the 'mother city', Jumo hopes to become the motherboard pow... See more »
March 2, 2020African Business Chief

Goldman Sachs joins $55mn Jumo funding round

African fintech startup raised $55mn in debt and equity funding... See more »
March 2, 2020FinTech Global

JUMO bags $55m in funding as it prepares to launch in three more countries

JUMO, a startup building financial services for emerging market entrepreneurs, has bagged $55m in a r... See more »
February 28, 2020DailyAlts

South African Fintech Jumo Secures US$55M in Goldman Sachs-Led Round

Jumo secures US$55M in Goldman Sachs-led round. It will use the funds to expand into new markets and ... See more »
February 28, 2020Volanews

Jack Ma's Netpreneur Prize Finalist, Afrikrea, Raises USD 1 Mn To Grow Unique

JUMO specializes in social impact financial products, offering loans and saving options to those who ... See more »
October 10, 2019IT-Online

Fintech Jumo scoops gold at IFC awards

Jumo, a technology company building next-generation financial services to empower emerging market ent... See more »

JUMO Press Releases

JUMO Videos

May 13, 2020JUMO Youtube Channel

"Leapfrog CX Launchpad" on YOUTUBE

August 13, 2019JUMO Youtube Channel

"Voice of the customer | Shija" on YOUTUBE

February 22, 2019JUMO Youtube Channel

"JUMO Drive customer story" on YOUTUBE

December 3, 2018JUMO Youtube Channel

"JUMO Drive customer" on YOUTUBE

Social Media

JUMO Headquarters

1 Solan Street 3rd Floor, Wembley Square

Cape Town, Western Cape8001

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JUMO Summary

ABOUT

Overview

JUMO is a mobile-based platform that facilitates digital financial services such as credits and savings for merchants and banks. JUMO was founded in 2015. JUMO's headquarters is located in Cape Town, Western Cape, ZA 8001. It has raised 156.5M in 7 ro...

CEO

JUMO's Founder & CEO, Andrew Watkins-Ball, currently has an approval rating of 93%. JUMO's primary competitors are Nomanini, Olympus Mobile & Veneka.

Website

jumo.world

Frequently Asked Questions about JUMO

  1. When was JUMO founded?

    JUMO was founded in 2015
  2. Who is JUMO's CEO?

    JUMO's CEO is Andrew Watkins-Ball
  3. How much revenue does JUMO generate?

    JUMO generates $11M in revenue
  4. How much funding does JUMO have?

    JUMO has historically raised $156.5M in funding
  1. Where is JUMO's headquarters?

    JUMO's headquarters is in Cape Town Western Cape, ZA
  2. How many employees does JUMO have?

    JUMO has 317 employees
  3. What sector does JUMO operate in?

    JUMO is in Diversified Financial Services
  4. Who are JUMO's competitors?

    JUMO's top competitors are Nomanini, Olympus Mobile, Veneka