African Fintech Startup JUMO Closes Biggest Round Of 2020 So Far With Fresh $55Million

South African-born fintech startup, JUMO, has secured USD 55 Mn in its latest funding round.

More than one year after causing quakes with a USD 52 Mn funding round and then following that up with an additional USD 12.5 Mn just three months later, JUMO has announced the closure of another massive funding round.

This time, the startup has bagged a fresh USD 55 Mn which it says is for expansion into new markets and to launch new products in Africa and Asia. 

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