Juno is looking to enter the Asian market after securing $ 52 m funding from Goldman Sachs . The African fintech start - up uses behavioural data , like mobile phone usage , to provide information to banks and mobile network operators , when more traditional information is inaccessible . This allows people and small business to access financial services like loans and other products that have previously been unavailable to them . Juno ’s targeting of the emerging economies in Asia is a calculated move as it is estimated that up to 80 % of its user base are small business owners and comes after a recent expansion into Pakistan .
Juno is looking to enter the Asian market after securing $52m funding from Goldman Sachs. The African fintech start-up uses behavioural data, like mobile phone usage, to provide information to banks and mobile network operators, when more traditional information is inaccessible. This allows people and small business to access financial services like loans and savings products that have previously been denied to them. Juno’s targeting of the emerging economies in Asia is a calculated move as it is estimated that up to 70% of its user base are small business owners and comes after a recent expansion into Pakistan.