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.
Andrew Watkins-Ball - Founder & CEO of JUMO
Financial Services & Banking Technology | JUMO
The advanced data engine runs machine learning algorithms on millions of mobile wallet, cell phone, and transaction data signals every second. We use these to build increasingly accurate credit profiles for people in emerging markets. These deep, data-driven insights allow us to shape services and product features to suit individual entrepreneurs and their specific circumstances.