Funding Round · Lending · 2021

Jumo raises $120M Series funding

Jumo raised $120M Series funding round led by Fidelity Management & Research Company, LLC on November 9, 2021.

Primary
Jumo
Counterparty
Fidelity Management & Research Company, LLC
Amount
$120M
Structure
Series funding round
Date
November 9, 2021
Sub-sector
Lending

Funding fuels expansion into Nigeria and Cameroon, scales lending platform across emerging markets, and increases product portfolio for merchants and SMBs.

Primary company
Jumo
Amount
$120M
Event date
November 9, 2021
Sub-sector
Lending
HQ
Structure
Series funding round
Source published
November 9, 2021
Publisher
Nairametrics

Source: nairametrics.com