About

Jumo is a mobile money marketplace for African people, small businesses and mobile network operators. Jumo’s predictive modeling platform uses behavioral data from mobile usage to create financial identities for Small, Medium and Micro-sized Enterprises (SMMEs) and also connects investors with borrowers to determine the best rates and the best loan candidates. It helps mobile network operators grow their mobile money ecosystems by integrating financial services access for people and small businesses. The company is present in all the leading mobile money markets in Sub-Saharan Africa including Kenya, Tanzania, Zambia, Uganda, Rwanda and Ghana.

Focus

PRODUCTS & SERVICES

Mobile money marketplace for African people, small businesses and mobile network operators.

MAIN CLIENTS

Banks

Financial institutions

EXISTING PARTNERSHIPS

Partnered with mobile network operators

PRIMARY PROBLEM SOLVED

Today, over five billion people live on less than $10 a day. They cannot be reached by the traditional financial system as lack of data, infrastructure and broken unit economics have historically made it impossible or unviable. This chronic lack of access to good, simple financial services is totally unacceptable. It is at the root of poverty and the ability for people to improve their own lives. This is the challenge we are solving. We believe the answer lies in organizing information to democratize financial services. We see this as an incredible opportunity to build a very large business.