in the press
BUSINESS INSIDER AFRICA
African digital banking platform, Umba raises $15 million Series A to deliver accessible, transparent banking to underserved mark
Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa
Digital First Banking Umba CEO: Emerging Markets’ Legacy Banking Systems Begging for All-In-One Fix
Who are we?
Umba is a customer-centric digital bank that increases access to financial tools while eliminating predatory fees and minimums, empowering customers across Africa to control their financial lives by ensuring affordable, efficient, and widely available financial services.
Umba's mission is to be the largest African bank, offering bank accounts and other key banking services to our growing customer base. We want to make our users' lives easier to interact with banks and mobile networks and provide a transparent service with informed analytics which helps our users take control of their financial lives. Umba is backed by leading venture capitalists, including Costanoa Ventures, Palm Drive Capital, Ludlow Ventures and Lux Capital.
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