Opportunity everywhere

JUMO is powering a new wave of financial tools, enabling hundreds of millions of people to prosper, build their businesses and drive economic growth.

Global reach

7 Global hubs

Cape Town
Delhi
London
Mumbai
Nairobi
Porto
Singapore

6 Active markets

Ghana
Kenya
Pakistan
Tanzania
Uganda
Zambia

Coming soon

Bangladesh
Côte d'Ivoire
India
Nigeria

JUMO’s history & highlights

2015

JUMO was founded in London by Andrew Watkins-Ball, with a vision of reimagining finance in emerging markets.

The founding team started working to prove that data can be used to predict the financial behaviour of millions of people without access to finance.

Credit risk, engineering and other capabilities were developed with industry-leading talent.

The first ecosystem partnerships were established with Tigo, Airtel and MTN to bring short-term loan products to people and small businesses in Kenya, Zambia and Uganda.

2016

The first funding partner was introduced to the operating platform. JUMO’s partnership with Letshego Bank in Ghana enabled payment and capital providers to work together to build products.

The company grew rapidly and the team grew from 112 to 197 in 2016.

A huge expansion of the engineering department grew the number of technical experts working for JUMO tenfold.

2017

JUMO won the Mastercard Foundation Clients at the Centre Prize, recognising outstanding value for customers.

Google selected JUMO, alongside five other African startups, for its Launchpad Accelerator programme.

The AppsAfrica Changing Africa Award, acknowledging game changing initiatives across Africa, went to JUMO.

2018

A funding round of $52m USD was closed. The round was led by Goldman Sachs, with participation from Proparco, FinnFund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments. A further $12.5m USD was secured from Odey Asset Management.

JUMO partnered with Telenor and Telenor Microfinance bank to launch the first commercial product in Asia.

CEO and founder Andrew Watkins-Ball relocated to Singapore to support the company’s expansion in the region.

JUMO partnered with Uber to create JUMO Drive, a first-of-its-kind digital vehicle asset finance product for rideshare drivers.

2019

The use of digital savings, by JUMO in Tanzania and Zambia, grew rapidly.

The London Stock Exchange Group (LSEG) recognised JUMO as one of 360 Companies to Inspire Africa in 2019.

JUMO was invited to participate in Google’s Launchpad Studio.

The Customer Alignment Award was given to JUMO at LendIt Fintech in San Francisco.

Today JUMO employs over 350 people in 11 countries and this is projected to grow to 500 by the end of 2019.

JUMO’s history & highlights

2015

JUMO was founded in London by Andrew Watkins-Ball, with a vision of reimagining finance in emerging markets.

The founding team started working to prove that data can be used to predict the financial behaviour of millions of people without access to finance.

Credit risk, engineering and other capabilities were developed with industry-leading talent.

The first ecosystem partnerships were established with Tigo, Airtel and MTN to bring short-term loan products to people and small businesses in Kenya, Zambia and Uganda.

2016

The first funding partner was introduced to the operating platform. JUMO’s partnership with Letshego Bank in Ghana enabled payment and capital providers to work together to build products.

The company grew rapidly and the team grew from 112 to 197 in 2016.

A huge expansion of the engineering department grew the number of technical experts working for JUMO tenfold.

2017

JUMO won the Mastercard Foundation Clients at the Centre Prize, recognising outstanding value for customers.

Google selected JUMO, alongside five other African startups, for its Launchpad Accelerator programme.

The AppsAfrica Changing Africa Award, acknowledging game changing initiatives across Africa, went to JUMO.

2018

A funding round of $52m USD was closed. The round was led by Goldman Sachs, with participation from Proparco, FinnFund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments. A further $12.5m USD was secured from Odey Asset Management.

JUMO partnered with Telenor and Telenor Microfinance bank to launch the first commercial product in Asia.

CEO and founder Andrew Watkins-Ball relocated to Singapore to support the company’s expansion in the region.

JUMO partnered with Uber to create JUMO Drive, a first-of-its-kind digital vehicle asset finance product for rideshare drivers.

2019

The use of digital savings, by JUMO in Tanzania and Zambia, grew rapidly.

The London Stock Exchange Group (LSEG) recognised JUMO as one of 360 Companies to Inspire Africa in 2019.

JUMO was invited to participate in Google’s Launchpad Studio.

The Customer Alignment Award was given to JUMO at LendIt Fintech in San Francisco.

Today JUMO employs over 350 people in 11 countries and this is projected to grow to 500 by the end of 2019.

Recognition

Our global and regional leadership team

Andrew Watkins-Ball

Andrew Watkins-Ball

Founder & Group CEO
Steve Etherton

Steve Etherton

Group COO
Buhle Goslar

Buhle Goslar

Africa CEO
Brian Tait

Brian Tait

Asia CEO
Ashish Desai

Ashish Desai

India CEO
Chris Halbert

Chris Halbert

Deputy CFO
Melanie Hoffmann

Melanie Hoffmann

Chief Capability Officer
Martin Vogdt

Martin Vogdt

Chief Product & Platform Officer
Susie Squire

Susie Squire

Director of Corporate Affairs
Paul Whelpton

Paul Whelpton

Chief Analytics Officer