February 27

Goldman Sachs, Others Invest $55 Million in London-Based Fintech Startup Jumo

JUMO, a technology startup company building next-generation financial services for emerging market entrepreneurs, announced it has raised $55 million in debt and equity funding to support its expansion into new markets and the launch of new products. The funding round introduced new investors to join existing investors such as Goldman Sachs, Odey Asset Management and Leapfrog Investments.

Founded in London in 2015, JUMO is a full technology stack for building and running financial services.

Photo courtesy of Pabak Sarkar.

Source: (link opens in a new window)

fintech, startups, venture capital