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South African fintech raises US$52m for Asia, Africa push; CEO moves to S'pore

Mr Watkins-Ball said Jumo's key offering to banks lies in its cloud infrastructure.


SOUTH African fintech firm Jumo has raised US$52 million (S$71.5 million) in its latest funding round led by Goldman Sachs, which joins as a new investor.

The funds will be used for the firm's expansion into new growth markets in Asia and