Fintech JUMO secures US$120m to improve and expand its financial solutions offering

SOUTH AFRICA – JUMO, a fintech startup based in South Africa and London that provides financial services to emerging market entrepreneurs and enterprises, has raised US$120 million in a fresh round of funding led by Fidelity Management & Research Company. The round also included technology giant Visa and London-based investment management firm Kingsway Capital, marking Fidelity’s first investment in an…

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