OverviewSuggest Edit

umba is a company that develops a platform allowing users to apply, receive, and repay microloans via their mobile phone. It leverages machine learning to optimize risk exposures in emerging markets. The company aims to promote the accessibility of financial services to the underbanked.
TypePrivate
Founded2012
Websiteumba.com

Latest Updates

Employees (est.) (Apr 2021)29(-9%)
Cybersecurity ratingAMore

Key People/Management at umba

Tiernan Kennedy

Tiernan Kennedy

Co-FoundeR/CEO
Barry O'Mahony

Barry O'Mahony

Co-FoundeR/CFO
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umba Financials and Metrics

Summary Metrics

Founding Date

2012

umba total Funding

$2 m

umba latest funding size

$2 m

Time since last funding

4 months ago

umba investors

umba's latest funding round in December 2020 was reported to be $2 m. In total, umba has raised $2 m
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umba Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

umba Online and Social Media Presence

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umba News and Updates

Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa

Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Ventures; Frontline Ventures and Act Venture. Currently operating in Kenya and Nigeria, Umba offers a digit…

umba Frequently Asked Questions

  • When was umba founded?

    umba was founded in 2012.

  • Who are umba key executives?

    umba's key executives are Tiernan Kennedy and Barry O'Mahony.

  • How many employees does umba have?

    umba has 29 employees.

  • Who are umba competitors?

    Competitors of umba include PayPay, Transfast and BKash.