UK FinTech JUMO has raised $120mn funding.
In Brief:
JUMO aims to build financial services for entrepreneurs in emerging markets.
The round was led by Fidelity Management & Research Copany, LLC.
It brings total raised by JUMO to $200mn.
What does this mean?
With the latest funding, JUMO aims to expand internationally. It will scale its platform capacity and look to new markets including Nigeria and Cameroon.
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