What is the JUMO Project?
JUMO is all about enabling infrastructure for banking in a way that’s fresh, smart, and built for the future. It provides the plug-and-play backbone powering a new generation of data-driven financial products. Imagine AI-driven, configurable, and scalable technology designed to help financial services break free from the old ways and reach more people with better solutions. JUMO’s platform is the engine behind many innovative fintech offerings, especially across Africa, where it’s making a real difference.
Main Benefits of JUMO’s Technology
JUMO’s impact is clear and impressive. Here are some key highlights that show why it’s a game-changer:
- 10% of Africa’s largest banks and payments companies rely on JUMO’s infrastructure.
- Onboards 5 new customers every single minute — that’s rapid growth!
- Replaces legacy core banking systems without the usual hefty building costs.
- Partners can achieve annualised net margins of up to 50%, thanks to advanced AI prediction capabilities.
- Disbursement growth keeps climbing as JUMO expands its reach across the continent.
Solving Big Product Challenges
JUMO tackles some of the toughest hurdles in financial services head-on. It’s built to be instantly available and modular, so businesses can configure, deploy, and scale solutions fast. No more waiting years to launch embedded finance or dealing with fragmented tech stacks. Instead, JUMO offers unified functional services at the lowest price, making it easier to bring products to market with speed and precision.
Cutting Costs and Boosting Efficiency
One of the biggest headaches in banking tech is high IT capital expenditure. JUMO solves this by enabling SME banking launches without huge upfront investments. Operational costs? Slashed. Mass-market credit scales with 10x lower costs, making financial products more accessible and affordable. Plus, the platform’s AI and data integration are designed so partners only pay for the AI they actually use — no need to reinvent the wheel every time.
Building Trust and Community Impact
Trust is huge in finance, and JUMO builds on a platform that powers market leaders and over 250 million profitable customer loans. But it’s not just about numbers — JUMO cares deeply about the communities it serves. Through partnerships with leading banks and fintechs, the team works across 15 countries on 3 continents, united by a purpose to make finance accessible to everyone. It’s smart tech with heart, truly focused on positive impact.
Project Impact on Sustainable Development Goals (SDGs)
- SDG 1: No Poverty – by expanding access to financial services.
- SDG 8: Decent Work and Economic Growth – through supporting SME lending and credit orchestration.
- SDG 9: Industry, Innovation, and Infrastructure – by providing scalable, AI-driven banking infrastructure.
- SDG 10: Reduced Inequalities – by making finance accessible to underserved markets.
- SDG 17: Partnerships for the Goals – through collaboration with banks and fintechs across multiple countries.
Award-Winning Innovation and Recognition
JUMO’s innovation hasn’t gone unnoticed. The project is certified and lauded by some of the world’s most respected industry bodies, highlighting its leadership in fintech and financial services. This recognition underscores the quality and impact of the technology, reinforcing JUMO’s position as a trusted partner for financial institutions aiming to transform their offerings and reach.
