Umba
OperatingUmba is an Africa-focused digital bank, offering free bank accounts and financial services to customers.
- Electronic Banking
- Lagos, Nigeria
- Debt Financing
- Founded 2018
- umba.com ↗
Are you the founder?
- Total raised
- $22.3M
- disclosed
- Last round
- $5M
- Debt Financing · Apr 2025
- Rounds
- 7
- since 2018
- Employees
- 11-50
Umba funding and investors
Umba has raised $22.3M across 7 rounds. The latest is a $5M Debt Financing announced 09 Apr 2025.
- Round cadence
- 14 mo
- average gap
Umba funding rounds7 · newest first
- AngelUndisclosed01 Feb 2024Lead not disclosed
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 09 Apr 2025 | Debt Financing | $5M | |
| 01 Feb 2024 | Angel | Lead not disclosed | Undisclosed |
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Investors in Umba2 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Lead | Lead | Debt Financing | Apr 2025 |
| Angel InvestorAngel Investor · Participant | Participant | Angel | Feb 2024 |
Frequently asked about Umba
- How much funding has Umba raised?
- Umba has raised $22.3M across 7 funding rounds. Its latest, a $5M Debt Financing, was announced on 09 Apr 2025.
- Who has invested in Umba?
- Backers include Star Strong Capital and James McGann.
Profile updated Source: SLA Startup IndexHow we count →
