Jamboo Kicks Off Fundraising Campaign on Crowdcube

Fintech company Jamboo is taking a significant step in its journey by launching a fundraising campaign on Crowdcube, the UK’s largest crowdfunding platform. Co-founded by Zimbabwean entrepreneurs Takwana Tyaranini and Innocent Chinyama, Jamboo claims to be the first fintech company from Zimbabwe to seek capital through Crowdcube.

This fundraising initiative marks a crucial phase for Jamboo as it aims to enhance financial access for millions of African expatriates worldwide. The campaign initially targets the African diaspora in the UK, with plans for further expansion across Europe.

Tyaranini, who serves as the COO of Jamboo, expressed enthusiasm about the fundraising campaign, stating, “Fundraising on Crowdcube represents a pivotal moment for Jamboo and the future of digital banking for Africa. This opportunity allows us to further establish our presence in the fintech space and scale our services to meet the growing needs of the African diaspora.”

Jamboo is focused on delivering tailored online banking and investment services to expatriates, ensuring they have access to transparent and affordable financial solutions across borders. The platform has already begun to roll out innovative features through its live app, enabling users to open UK bank accounts, send money globally, and perform mobile top-ups with clear transaction costs.

With the backing of Crowdcube, which has raised over £1.4 billion for startups like Monzo and Revolut, Jamboo is poised to make a significant impact. The app, available on both iOS and Android, offers a seamless onboarding process and will soon introduce Mastercard-powered virtual cards for added flexibility in managing cross-border transactions.

For those interested in supporting Jamboo’s mission or getting early access to the fundraising campaign, more information can be found on their Crowdcube page at www.crowdcube.com/early-access/jamboo.

As Jamboo continues its journey, it aims not only to provide essential banking services but also to empower the African diaspora with the financial tools they need to thrive in their new environments.