100M+ Customers to Benefit as Orange Money, JUMO Partner on AI Microcredit
Orange Money Group has partnered with financial technology company JUMO in a strategic alliance aimed at expanding access to microcredit services for unbanked populations across Africa.
The initiative will enhance digital financial inclusion by offering innovative, AI-powered mobile lending solutions in multiple African countries, starting with Burkina Faso, Mali, and Botswana.
Orange Money Group, a subsidiary of Orange Middle East and Africa, currently serves over 100 million customers in 16 countries, having facilitated more than EUR 160 billion in transactions in 2024 alone. JUMO, a banking-as-a-service fintech company, has disbursed over $8 billion to more than 31 million customers across the continent through its data-driven credit risk tools.
Through this collaboration, Orange Money users will now be able to access short-term and installment credit directly from their mobile wallets. Leveraging JUMO’s advanced AI technology, the service evaluates users’ eligibility using transactional data, allowing for immediate disbursement of funds without the need for a bank account or collateral. Repayments are automated, ensuring a seamless experience.
“This partnership marks a significant step in our mission to deepen financial inclusion,” said Aminata Kane, CEO of Orange Money Group. “By integrating JUMO’s AI-driven technology with our mobile money platform, we can now offer rapid, reliable, and secure microcredit solutions to support customers’ daily needs and personal projects.”
Andrew Watkins-Ball, Founder and CEO of JUMO, added: “We are proud to work with Orange in connecting millions of users to leading banking partners via our platform. This partnership enables us to reach new markets and offer tailored credit solutions at scale.”
The service will be rolled out via USSD and mobile apps, providing users with instant access to a variety of credit products. The partnership also opens a new microfinance marketplace, connecting Orange Money customers to multiple funders including pan-African banks and development finance institutions.
The alliance is set to reshape the mobile lending landscape across Francophone and Anglophone Africa by combining Orange’s reach with JUMO’s ten-year expertise in credit risk management and AI technology, delivering affordable financial services to those traditionally excluded from the banking system.
