JUMO has appointed former Kenyan Cabinet Secretary Joe Mucheru as President of the company to support its growth goals, navigate the regulatory landscape, and build the firm’s presence across the African continent. Joe was the former Kenyan Cabinet Secretary in the Ministry of ICT, Innovation and Youth Affairs, appointed by then President of Kenya, Uhuru Kenyatta, and held office from 2015 to 2022. He brings a wealth of government experience and in-depth knowledge of pan-African tech to the JUMO executive team and board.
Joe was previously the head of Sub-Saharan Africa (SSA) for Google, based in Nairobi, serving as Google’s first SSA employee. He joined Google in 2007 where he led the delivery of strategy, business planning and operations and was key to setting up Google’s presence on the continent. Prior to Google, he worked at Wananchi Online, the parent company of internet service provider Zuku, a company he co-founded in 1999.
Founded in 2015, JUMO is a banking-as-a-service platform, claims to leverage artificial intelligence to power financial services, notably lending in emerging nations. The fintech provides core solutions around savings, loans, and infrastructure to banks, fintechs, and eMoney operators to address these constrained demands in both markets. They are active in six markets including Ghana, Tanzania, Kenya, Uganda, Zambia and Côte d’Ivoire.