Google Selects Jumo for Launchpad Accelerator

 Google Selects Jumo for Launchpad Accelerator
30.05.2017 11:15 am

Google Selects Jumo for Launchpad Accelerator

Infrastructure

JUMO is delighted to announce that we were accepted into Class 4 of the Google Launchpad Accelerator. 

The Launchpad Accelerator targets growth-stage companies and invites them to their headquarters in Mountain View for work-shops and networking with the Silicon Valley eco-system. A 2-week leadership bootcamp in July is followed by 6 months of mentorship and support designed to help scale businesses. Names of all companies accepted into the programme were announced in a post on the Google Developers Blog. 

JUMO CEO and Founder Andrew Watkins-Ball said, “We are solving a really important problem and it’s exciting when someone like Google takes notice.” 

The Launchpad Accelerator, which opened to African countries (Kenya, South Africa, Nigeria) for the first time this year, selects the best emerging market startups via a rigorous application process. In addition to the bootcamp, $50,000 equity-free funding and support and $100,000 worth of Google products, JUMO will benefit from the opportunity to work closely with Google for 6 months. 

Using behavioural data from mobile usage, JUMO is tackling inequality in relation to access to financial services head on. The company, which launched in 2015, partners with large digital footprint holders such as mobile network operators to deliver a new generation of financial services to customers who need instant access to working capital, savings and other financial services. 

JUMO is present in all the leading mobile money markets in Sub-Saharan Africa including Kenya, Tanzania, Zambia, Uganda, Rwanda, Ghana with operations support in Cape Town. The company is commencing operations in Asia in Q3 of this year.

Related News

Coin Metrics Raises $6M

Coin Metrics, the leading provider of Cryptoasset Data and Infrastructure for institutional investorsannounced today that it completed a $6 million... Read more »

Alibaba Cloud and Multi-Lingual Support from the Global MediXchange of Combating Covid-19 (GMCC) programme

Over 440 medical institutions from 104 countries and regions have applied to learn and share experiences in battling COVID-19 through the ... Read more »

Spanish authorities approve offer from SIX

SIX Group AG (“SIX”), the Swiss financial markets infrastructure operator, today received authorisation from the CNMV for its all-cash voluntary tender offer for Bolsas y... Read more »

Refinitiv makes strategic investment in ModuleQ and its intelligent app

Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has invested in and entered a strategic partnership agreement with ModuleQ, a... Read more »

James Hambro & Partners selects InvestCloud for digital transformation

Leading independent wealth management group James Hambro & Partners (JH&P) has selected global FinTech firm ... Read more »

Copper.co partners with SFOX to expand liquidity and provide rapid OTC settlement

London-based institutional custody and prime brokerage firm, Copper.co, today announces its partnership with the first U.S. prime dealer, SFOX.

The integration will... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel