TIMELINE: JUMO’s new $55 million funding brings its total funds raised to $146.7 million in 6 years
Fintech company, JUMO announced a new venture funding round of $55 million yesterday, led by Goldman Sachs, with participation from other existing investors — Odey Asset Management, LeapFrog Investments — and new unnamed investors. In a LinkedIn post, the company says the new investment will be used for expansion into new markets and to launch new products in Africa and Asia. The funding brings JUMO’s total announced investment to date to $146.7 million since its launch in 2014. Techloy’s latest infographic shows a timeline of JUMO’s funding, since its launch six years ago.
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