JUMO Secures $7.5M from BlueOrchard to Fund SMEs in Uganda : TechMoran
Summary
JUMO has secured $7.5 million from BlueOrchard Finance Ltd to expand access to credit for SMEs in Uganda. The capital will support JUMO’s asset-backed securitisation structure, which is designed for e-money microfinance. The platform lets MSMEs and individuals access credit directly on mobile phones, helping underserved entrepreneurs grow their businesses. The investment may also help JUMO replicate the model across other Sub-Saharan African markets and attract more capital.
Funding
Amount
$7.5M
Total raised
Date
November 18, 2025
Announcement date
Investors
Standard Bank
Lead investors
Company
jumo.world
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Fintech Software
Banking Infrastructure Software
Financial Services Platform
Linked Companies
JUMO
$10M to $25M