Funding Round · Neobank · 2020

Umba raises $2M seed funding

Umba raised $2M Seed round led by Lachy Groom, Ludlow Ventures, Frontline Ventures, Wave, Act Venture Capital on December 18, 2020.

Primary
Umba
Counterparty
Lachy Groom, Ludlow Ventures, Frontline Ventures, Wave, Act Venture Capital
Amount
$2M
Structure
Seed round
Date
December 18, 2020
Sub-sector
Neobank

Irish-founded digital bank scales product offerings in Nigeria and Kenya markets with mobile-first banking platform.

Primary company
Umba
Amount
$2M
Event date
December 18, 2020
Sub-sector
Neobank
HQ
Not disclosed
Structure
Seed round
Source published
December 18, 2020
Publisher
The Irish Times

Source: irishtimes.com