JUMO, a banking technology company providing data-driven financial infrastructure across Africa, has appointed Paul Whelpton as CEO.
Whelpton succeeds founder Andrew Watkins-Ball, who will remain as Chairman of the board.
Founded in 2015, JUMO develops banking infrastructure to help banks reach new customers efficiently.
Whelpton has been with the company for nine years, most recently as Chief Product Officer, leading teams responsible for its information management capabilities.
His experience in data science, consumer financial products, and banking technology has contributed to JUMO’s growth as a banking infrastructure platform in Africa.
Watkins-Ball will continue as chairman, focusing on relationships with key banking partners to ensure the platform meets their needs.
Whelpton added:
“I have worked closely with Andrew since JUMO’s early founding years and I am honoured to be taking the lead on JUMO’s next chapter. Africa is expected to drive over half of global population growth by 2050, underpinning the largest structural expansion of bankable customers globally over the next two decades. We are working to be at the heart of that growth.”
In 2024 and 2025, JUMO partnered with Orange, fintech Mukuru, Fidelity Bank in Ghana, and Standard Bank in Uganda to launch new funding solutions.
Further product and market launches are planned with existing and pipeline partners for 2026.
Featured image credit: Edited by Fintech News Middle East, based on image by Borin via Freepik
