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 digital financial service alternative to legacy African banks. […]

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