Goldman Sachs has announced a USD 55 million investment in South Africa-based fintech startup Jumo.
The investment round saw participation from existing investors including Goldman Sachs, Odey Asset Management and Leapfrog Investments as well as new unnamed investors. It brings Jumo’s total funding raised to nearly USD 150 million and follows two major rounds in 2018 when the company raised USD 64.5 million.
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