Jumo, South Africa primarily based fintech startup, just lately closed its new VC spherical funding of $55 million – which was led by a various group of buyers. Earlier, the corporate bagged about $52 million as its first funding by Goldman Sachs in September 2018. To boost funds from distinguished buyers and increase overseas, it joined a rising checklist of digital-finance startups in Africa.
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A spokesperson from Jumo talked about in a press release to TechCrunch, “This contemporary funding comes from new and present…buyers together with Goldman Sachs, Odey Asset Administration and LeapFrog Investments.” The corporate raised an general $146 million capital, and it’s planning to increase to new markets and launch new merchandise spanning Asia and Africa.
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