Bridging the financing gap in emerging markets requires working together to solve difficult technical problems. At JUMO we put a lot of focus on working as one team, with diverse opinions, to get to the best possible solutions. #JUMOnauts #Fintech #DreamTeam
JUMO
Financial Services
Cape Town, Western Cape 38,367 followers
We’re building next-generation financial services technologies to empower emerging market entrepreneurs.
About us
JUMO is a financial technology company that partners with banks, MNOs and other e-commerce players to deliver progressive financial choices to customers in emerging markets across Africa and Asia. At JUMO we connect people to opportunities. Two billion people worldwide have limited access to formal financial services such as borrowing and saving. We’ve built a large-scale, multi-sided technology platform and designed progressive financial choices to reach them. We use their digital footprint to create a financial identity using only behavioural data. Our customers are in emerging markets across Africa and Asia. Most of them are micro and small to medium enterprises who need instant access to finance so they can grow and invest. So far we’ve served more than 10 million customers and disbursed over 40 million loans – and the numbers are rising daily.
- Website
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http://www.jumo.world
External link for JUMO
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Cape Town, Western Cape
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Technology, Mobile Money, Big Data, Digital Financial Services, Mobile Financial Services, Financial Technology, Machine Learning, AI, and Credit Scoring
Locations
Employees at JUMO
Updates
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As the year draws to a close, we're reflecting on the challenges and wins of 2024, plus the excitement that lies ahead for 2025. Our biggest milestone is crossing the $7 billion in disbursements mark! We've helped 28 million people gain access to finance through 210 million individual loans. Our responsible lending practices and research shows that 84% of these people say access to credit to grow their businesses and personal goals has improved their quality of life. Thank you to our partners for doing this important work with us. It's work worth doing. [Sound up 📣 ⬇️ ]
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For women in emerging markets there are many barriers to access to finance. Over the years we have refined product design and user journeys to include more women, but there is still much work to be done. Carmia Lureman-Norton our Head of Strategic Delivery and CX shares her thoughts on bridging the gap. https://lnkd.in/dyJJh_jz
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Jonathan Page heads up our Sys Dev function which enables us to work at speed. ‘I joined JUMO because I wanted to work for a company which was making a real difference in people’s lives,’ says Jonny. ‘I also love that everyone’s voice is heard and considered. Even someone in a junior position can influence our direction.’ As a manager Jonny’s superpower is helping his team reach their full potential. He’s also really good at what he calls ‘translating human to engineer and engineer to human!’ In his free time Jonny enjoys studying the scriptures, spending time with his family, rock climbing, kite surfing, reading and being a nerd. Did you know? 🕺 Jonny is an accomplished ballroom and Latin dancer! 🍝 If he could eat just one thing for the rest of his life, it would be lasagne. 💡 Jonny lives by this wisdom: stand at the crossroads and look; ask for the ancient paths, ask where the good way is, and walk in it, and you will find rest for your souls. #FridayFeature
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We love the work we do at JUMO, and it shows. We’ve been certified as one of the Top 100 Most Loved Workplaces® UK for the third year running! Thank you to the Best Practice Institute and our dedicated #JUMOnauts for this vote of confidence. Being recognised for our collective vision, values, respect, collaboration and support means a lot to us. https://lnkd.in/deSyYiqm
JUMO - Most Loved Workplace®
mostlovedworkplace.com
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JUMO reposted this
Africa is now the world’s second-fastest-growing region after Asia, with annual GDP growth rates consistently exceeding 5% over the past decade. However, for this growth to be socially and politically sustainable, it must be inclusive. One of the fundamental pillars of inclusive development is financial inclusion, an area where #Africa has historically faced significant challenges. Today, fewer than one in four adults across the continent have access to an account at a formal financial institution. Expanding access to financial services is critical to unlocking the full potential of Africa’s economy. It can mobilise household savings, attract investment capital, support entrepreneurship and enable more people to invest in themselves and their families. #FinancialInclusion is therefore essential to ensuring that economic growth benefits everyone and remains sustainable. We recently caught up with Jeremy Quainoo, General Manager, JUMO, to explore how fintechs are driving financial inclusion in Africa. In an insightful conversation with Kaara Wainaina, Ag. Director of Strategic Communications at #FSDAfrica, Jeremy shared how fintechs are revolutionising access to essential financial services across the continent. Catch up with the full interview to learn more about how fintechs are reshaping Africa’s financial landscape and driving inclusive growth. -- #MakingFinanceWork #SustainableGrowth #DigitalBanking #FutureOfFinance #EconomicGrowth #Fintech -- Evans Osano, DBA, Anne-Marie Chidzero, Kelvin Massingham, Kevin Munjal, Juliet Munro, Reshma Shah, Kaara Wainaina, Stephen Bevan, Zee de Gersigny, May Yego, Jonathan Israel, Mary Kashangaki, Dorothy Maseke ,CFIRM, Joseph Mucheru, Wilfred Wabwire, Leeth Gondwe, Rose Cohen, Andrew Watkins-Ball, Susie Squire, Michael Ball, James Goddard, Paul Whelpton Mark Napier Mary M. Njuguna Evans Osano, DBA Jemima Gathumi Kevin Munjal
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🚀 The Odyssey continues… Every year during our global Odyssey connection week we gather together to strategise, have fun and build on our strong teamwork ethos. ☄️ This year was no exception. We may work remotely most of the time, but we don’t work in isolation! #oneteam #JUMOjourney
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MANSA BANK our partner in Côte d’Ivoire facilitated a panel discussion at the annual CGECI Academy this week. JUMO’s Country Manager for Francophone Africa Bryan Oliver Cliff Siyam was there to talk about digital innovation for financial inclusion in West Africa. 🦾 JUMO’s AI-powered banking technology enables the disbursement of 2 000 loans a day in Côte d’Ivoire with room for exponential growth to support entrepreneurs. 🌱 We partner with banks and mobile network operators to make it happen, and are extending this business model to new markets in Francophone Africa in 2025. https://lnkd.in/d_gPbSjz
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Our team of #JUMOnauts is growing. A new crew member has joined our mission in Nigeria. We're looking forward to working together to solve complex problems for long term change. Welcome aboard the rocket ship Chinedu Aham-neze. Join us too! Apply here: https://bit.ly/3C9I9wS
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‘Our goal at JUMO is to continue pushing the boundaries of what’s possible in financial services across the African continent,’ says Head of Portfolio Management Albert Brand. ‘By harnessing AI, data and innovative payment solutions, we’re not only making finance accessible to millions of people, we’re also helping mobile network operators grow and retain their customers.’ One way to grow and retain customers in mobile ecosystems is to implement auto-payments on credit services. Albert explains why and how. https://lnkd.in/dQJxzVbc
Auto-payments: a catalyst for customer retention - JUMO
https://jumo.world