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Umba

65 employees

Umba is an African digital bank, offering free bank accounts and financial services to customers

Basic info

Industry

financial services

Sectors

Mobile Apps
Digital Bank
Financial Services
FinTech
Emerging Markets
Free Banking
Micro Lending
Nigeria

Date founded

2018

Funding rounds raised

Total raised

$15M

from 17 investors over 17 rounds

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Umba raised $15M on April 13, 2022

Investors: Lux Capital, Banana Capital, Palm Drive Capital, Chandaria Capital, Streamlined Ventures, Vestinwolf Energy and Costanoa Ventures

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Umba raised undisclosed on May 27, 2021

Investors: Goodwater Capital and Streamlined Ventures

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Umba raised $2M on December 17, 2020

Investors: Valia , ACT Venture Capital, Frontline Ventures and -

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Umba raised undisclosed on May 6, 2019

Investors: Bloom Equity, Frontline Ventures, Halo Business Angel Network and ACT Venture Capital

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