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 . Frebault, executive director at Goldman Sachs, adds: "There is immense opportunity across Africa and beyond for Jumo to build on their successful track record developing digital marketplace infrastructure to offer mobile subscribers access to relevant financial products." 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 $ 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 .