Andrew Watkins-Ball launched JUMO WORLD, a company that has built and operates a technology platform that provides digital financial services to individuals and small businesses in emerging nations.
The firm works with forward-thinking banks and payment providers to rewrite the rules of wealth accumulation by offering access to improved financial solutions.
So far, almost 9 million individuals in Asia and Africa have saved and borrowed money using the site. Around 70% of these are small and micro companies.
For over 10 years, Watkins-Ball has focused on the technology and financial services industries, and she has also toyed with the application of nanotechnology in the energy business.
Before that, he founded and sold several lucrative businesses, notably Gateway Telecommunications, a satellite service provider bought by Vodacom in 2008.
He also worked for Salomon Brothers, a Wall Street financial firm, for seven years in London and New York.
Life of “Andrew Watkins-Ball” At a Glance:
Name: Andrew Watkins-Ball
Profession: Seasoned entrepreneur
Date of Birth: December 1978
Place of Birth: UK
Nationality: UK
Known for: Founding JUMO WORLD
Birth, Education, and Early Life of “Andrew Watkins-Ball” :
Andrew was born in December 1978 and is an experienced entrepreneur, a husband, a father of four, and a fervent promoter of financial technology and the African market.
He began as an event producer before helping to launch Gateway Telecommunications in 1991. In 2008, he assisted in the $700 million sale of the satellite service provider to Vodacom.
From 2000 until 2007, he also worked as a leveraged finance expert at Wall Street investment bank Salomon Brothers, where he earned the skills that enabled him to launch JUMO.
Millions of Africans who may not always have access to traditional banking can now obtain digital financial services through the company’s primary offering.
Andrew is also a UK-based entrepreneur who is setting the bar for his colleagues in the financial technology business.
Thanks to his firm, millions of users can now access and manage payments more effortlessly. It has paved the way for future global innovation, which will benefit millions of people in Africa and beyond.
Career
Before joining the financial services and technology industries, Watkins-Ball founded and sold several successful businesses, notably Gateway Telecommunications, a satellite service provider bought by Vodacom in 2008.
He also worked for Salomon Brothers, a Wall Street financial firm, for seven years in London and New York.
Andrew launched Jumo as a consequence of his focus on applying AI to power banking infrastructure, to provide everyone with great new financial possibilities.
Since joining Salomon Brothers in 2000, Andrew has spent the last 20 years raising capital and creating startups in the financial services and technology industries.
Before joining Wall Street, he ran an event production firm with renowned personalities such as Quincy Jones.
Michael has been a CFO for over 20 years and has a demonstrated track record of adding value and expanding businesses.
He is well-known in the industry for his work in financial structure, corporate transformation, liquidity management, operational efficiency, refinancing, and initial public offerings planning and implementation.
He formerly served as Group CEO of Sysco and Zepz/WorldRemit, where he supervised strategy and M&A in addition to financial responsibilities.
Andrew Watkins-Ball – Marriage, Children, and Personal Life
Michael lives in North London with his wife Eloise, his little daughter Amelie, and their two dogs. He likes working out, plays poor golf, and has a season ticket to Manchester United.
He also works out with his spouse and follows his painting passion when he is not chasing his four children around.
Founding JUMO WORLD
Andrew Watkins-Ball founded JUMO, a fintech startup based in London, in 2015. In Ghana, Kenya, Uganda, Zambia, Tanzania, Côte d’Ivoire, and Pakistan, the group provides financial services.
Its headquarters are in Cape Town. It employs over 250 people and has raised over $200 million in multiple investment rounds.
Jumo being a digital firm provides banks with new and engaging methods to connect to their customers.
Their motherland is made up of eight nations, most of which are in Africa.
JUMO also uses machine learning and artificial intelligence (ML) to generate accurate credit ratings.
Customers may now obtain tailored financial services such as loans and savings accounts that they would not have been able to obtain otherwise.
Providing consumers with access to financial services, albeit time-consuming, is critical to empowering them and enhancing their level of living.
JUMO has worked closely with governments and authorities throughout the continent to ensure that its services are compliant, in addition to providing users with financial literacy training on how to make the most of its digital offerings.
As it expands in the countries where it is already present, the company intends to expand into additional African countries such as Nigeria and Cameroon.
The largest issue appears to be ensuring that it remains responsive and flexible enough to fulfill customer expectations.
They may be unfamiliar with standard banking processes and require guidance because the financial industry has typically barred people in these developing countries from receiving loans or completing financial transactions due to a lack of identity documents and technology.
Overall, Andrew has been effective in delivering financial services to many persons who have never had access to them, both via his former work and his present work with JUMO.
His accomplishments show how far he has come, how entrepreneurs from London can prosper wherever, and how fintech in Africa will alter dramatically in the future.
Andrew Watkins-Ball Net Worth
As of now, there is no publicly available information on Andrew Watkins-Ball’s net worth.
Andrew Watkins-Ball Wife
There is no publicly available information about Andrew Watkins-Ball’s wife. However, it is known that he is a father of four.
Andrew Watkins-Ball Linkedin
Andrew Watkins-Ball’s LinkedIn profile can be found at Andrew Watkins-Ball – Founder & CEO – JUMO.WORLD | LinkedIn.
Frequently Asked Questions
Who is the CEO of JUMO Fintech?
Andrew Watkins-Ball – Founder
Where is JUMO based?
London
How many customers does JUMO have?
JUMO has reached over 19 million individuals and small businesses in the United States, supporting the issuance of loans worth more than $4 billion. They operate in seven markets: Ghana, Tanzania, Kenya, Uganda, Zambia, and Côte d’Ivoire.
Who is the CEO of JUMO South Africa?
Buhle Goslar
How do I contact JUMO?
Send an email [email protected].
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