JUMO

JUMO is an AI-driven financial technology company founded in 2015 and headquartered in Cape Town, South Africa. It operates a Banking as a Service platform - the market-leading such platform in Africa - that supplies the infrastructure for partners such as banks, mobile network operators and e-commerce players to offer financial products at scale. The company serves millions of underserved customers in emerging markets, with operations across Africa including Rwanda and Uganda.

Its technical work centres on artificial intelligence and predictive technology applied to embedded finance. The product portfolio covers SME banking, mass retail savings and credit products - which onboard new digital borrowers rapidly - embedded finance solutions integrated into partner platforms, and asset management platforms distributed through partners. Reducing unit economics to make high-value financial products available at low prices is a stated engineering and commercial objective.

JUMO is a certified B Corporation and reports a social performance assessment score of 92.2%. Its stated mission is enabling equal access to financial opportunities, with commitments to financial inclusion, Afrocentric innovation and customer protection standards. Industry verticals served include financial services, banking, fintech, mobile money and telecommunications partnerships, and e-commerce.