Umba, an African digital bank, announced that it raised $15 million in a Series A funding round. Investors in this fundraise include Nubank, Tom Blomfield, the co-founder of Monzo, and previous backers Lachy Groom and ACT Ventures, Lux Capital, Palm Drive Capital, Banana Capital and Streamlined Ventures. With this fundraise, $2 million raised in 2020 … Continue reading Digital bank, Umba, raises $15 million to expand across Africa