Umba
Umba Logo

Umba

Digital bank for emerging markets.

About

Founded

2018

Headquarters

San Francisco, California

Industry

Banking, Fintech

Company Description

Umba is an African digital bank, offering bank accounts and financial services to our customers. We provide an ecosystem of connected financial services that allows the customer complete control of their finances all in one App. At Umba, we believe in the power of financial inclusion to drive economic growth. As a leading digital bank, we are committed to providing innovative solutions that empower both employers and employees to achieve financial stability and reach their full potential.

Quick Links

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Funding

Total Raised

$17.5 million

Valuation

Undisclosed

Significant Investors

Lachy Groom, ACT Ventures, Lux Capital, Palm Drive Capital, Banana Capital, Streamlined Ventures, Costanoa Ventures, Ludlow Ventures, Frontline Ventures, Act Venture Capital

Company Traction

  • As of April 2022, Umba reported it increased its revenue by 2x every three months since it launched 18 months ago.

Leadership Team

  • Tiernan Kennedy: CEO at Umba. Former Senior Director of Engineering at Canary.
  • Barry O’Mahony: Co-Founder & CFO of Umba. Former Head of Operations at Tola Mobile.

Press

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