Orange Money Group Partners with JUMO to Expand Microcredit Services Across Africa
Orange Money Group has announced a strategic partnership with fintech company JUMO to broaden access to digital financial services in Africa, with a strong focus on microcredit for unbanked populations.
The collaboration will combine Orange Money Group’s extensive mobile money infrastructure—serving over 100 million customers in 16 African and Middle Eastern countries—with JUMO’s expertise in data analytics, artificial intelligence, and credit risk management. The aim is to provide secure, low-risk mobile lending options that do not require traditional banking access or collateral.
In 2024, Orange Money Group processed transactions worth more than EUR 160 billion. JUMO, on the other hand, has disbursed over $8 billion in loans to 31 million customers across Africa. This new alliance seeks to leverage those capabilities to expand financial inclusion, particularly in Francophone markets such as Burkina Faso, with planned rollouts in Mali and Botswana.
Customers will be able to request credit directly via their Orange Money wallet. JUMO’s AI technology will assess eligibility based on transactional data, approve loans instantly, and automate repayment.
“After developing transfer and payment services used thousands of times every second, we now aim to support our customers in their personal projects and everyday emergencies,” said Aminata Kane, CEO of Orange Money Group. “Partnering with JUMO allows us to accelerate our microcredit expansion and deliver faster, more transparent financial services tailored to customer needs.”
Andrew Watkins-Ball, CEO and founder of JUMO, added “We are proud to partner with Orange to bring market-leading financial products to millions of mobile users. This collaboration will give customers greater financial choices while helping banks on our platform reach new markets.”
The initiative is set to create a multi-country, multi-product microfinance marketplace, backed by a network of pan-African banks and development finance institutions.
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