South Africa’s Jumo lands $12.5 mln from UK’s Odey Asset Management

12/12/2018 9:00:00 PM (GMT)

South Africa-based Jumo, a mobile financial services platform, has landed $12.5 million in funding.

The company raised the funds from UK investment firm Odey Asset Management.

In September, Jumo secured $52 million in funding led by Goldman Sachs.

The financing brings total funds raised by Jumo to over $103 million.

JUMO

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