Juvo was founded with an overarching mission: to empower the billions of unbanked people around the world to create financial identities and access financial services - all through their everyday interactions with their mobile phone. In partnership with mobile network operators, Juvo’s proprietary Identity Scoring technology uses data science, machine learning and game mechanics to create an identity-based relationship with anonymous prepaid users, opening up access to otherwise unattainable mobile financial services.
Since emerging from stealth in September 2016, Juvo has increased its global reach more than five times over, from 100 million to over 500 million, and has steadily grown its operations and employee base worldwide with 55 employees today. To date, Juvo has enabled over 250M transactions in 25 countries and 4 continents, with 1M active users per day.
Juvo is a privately held company backed by global business leaders and luminaries in the world of tech, mobile and finance. Juvo just completed a US$40 million Series B funding round with funding from by top-tier VCs including NEA, Wing Venture, and Freestyle Capital. Early investors in the company, including the former CEOs of AT&T Wireless, NYSE, Sprint, Telefonica International and Vodafone Group, have each taken part in the latest B round. Its executive team comprises accomplished industry leaders across the data science, consumer internet, financial services and mobile telecom fields.
Since emerging from stealth in September 2016, Juvo has increased its global reach more than five times over, from 100 million to over 500 million, and has steadily grown its operations and employee base worldwide with 55 employees today. To date, Juvo has enabled over 250M transactions in 25 countries and 4 continents, with 1M active users per day.
Juvo is a privately held company backed by global business leaders and luminaries in the world of tech, mobile and finance. Juvo just completed a US$40 million Series B funding round with funding from by top-tier VCs including NEA, Wing Venture, and Freestyle Capital. Early investors in the company, including the former CEOs of AT&T Wireless, NYSE, Sprint, Telefonica International and Vodafone Group, have each taken part in the latest B round. Its executive team comprises accomplished industry leaders across the data science, consumer internet, financial services and mobile telecom fields.
Location: United States, California, San Francisco
Employees: 51-200
Total raised: $54M
Founded date: 2014
Investors 8
Funding Rounds 2
| Date | Series | Amount | Investors |
| 10.08.2017 | Series B | $40M | New Enterp... |
| 09.09.2016 | - | $14M | - |
Mentions in press and media 23
| Date | Title | Description |
| 24.08.2023 | Juvo Recognized by Frost & Sullivan for Best-in-Class Technology Innovation and Leadership in the Latin American Inclusive Digital Credit Industry | Juvo leverages its cutting-edge identity-scoring technology to address the challenges of financial inclusion enabling millions of consumers to gain access to fair financial services. SAN ANTONIO, Aug. 24, 2023 /PRNewswire/ -- Frost & Su... |
| 13.07.2022 | 5 Companies Building Big Things in 2022 | Here are 5 companies and their leaders currently building large projects to help move business, industry and even humanity forward TAMPA, FLORIDA, UNITED STATES, July 13, 2022 /EINPresswire.com/ -- At the core of the creation of every compa... |
| 24.08.2020 | Mastercard’s accelerator program adds 11 fintech startups | Mastercard is boosting the efforts of fintechs who are bridging the gap in payment services for retailers and other businesses through their program. The Purchase, New York-based payments provider added 11 startups to its Accelerate fintech... |
| 11.12.2019 | Financial identities for world's unbanked would add USD $250BN to global GDP according to new study | Oxford Economics study points to India, Indonesia, the Philippines, Pakistan and Mexico as stand-out markets for growth in financial services for the unbanked SAN FRANCISCO, December 11th 2019 - A new report published today projects that es... |
| 24.09.2019 | Juvo Unveils 'Financial Identity as a Service' to Unlock Financial Services for 3.9bn Underbanked Consumers | In partnership with mobile operators, financial institutions and merchants, Juvo aims to build financial profiles for the 68% of adults worldwide who have no formal credit history San Francisco, September 24th, 2019 – Juvo, a pioneer of fin... |
| 22.03.2018 | Mobile credit company Juvo hires two female execs in gender parity push | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Silicon Valley has a well-documented problem: The... |
| 22.03.2018 | Mobile credit company Juvo hires two female execs in gender parity push | Silicon Valley has a well-documented problem: There are not enough women in executive roles. The reasons are many and varied, and far more nuanced than sometimes they appear to be when reading article after article on the subject or when ta... |
| 23.01.2018 | Juvo Receives Investment from Samsung Next | Juvo, a San Francisco, CA-based mobile identity scoring platform provider, received a strategic investment from Samsung Next. The amount of the deal was not disclosed. The investment will enable the company to expand its business reach and ... |
| 23.01.2018 | Mobile Identity Platform Juvo Creates Partnership with Samsung NEXT | Juvo, a mobile Identity scoring provider that wants to be a catalyst for providing access to finance for the underbanked, has announced a strategic investment from Samsung NEXT that will help provide access to the billions of prepaid users ... |
| 12.12.2017 | 2018: The Golden Era For Fintech – by Steve Polsky | Guest Post by Steve Polsky, Founder/CEO, Juvo Achieving financial inclusion has been a daunting task in major parts of the world and, as a result, new generations and disparate populations either have a deep distrust of the financial sector... |
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