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Nedbank partners with Jumo to unveil AI-driven Quick Loans

eriinfo.com2 weeks ago04 mins

Jumo has announced a partnership with Nedbank to roll out the Nedbank Quick Loans service in SA. (Image source: 123RF) AI-powered banking technology firm Jumo has partnered with Nedbank to launch Nedbank Quick Loans, a short-term loan service for the South African market. The partnership combines Nedbank’s lending expertise and brand with Jumo’s real-time lending infrastructure…

Nedbank, Jumo bet on AI lending for the underbanked

eriinfo.com3 weeks ago04 mins

Mutsa Chironga, managing executive for personal banking at Nedbank Nedbank has partnered with fintech Jumo to launch a digital short-term lending product inside its Money App, the two companies said on Thursday, pitching the service at millions of South Africans underserved by traditional credit providers. The product, branded Nedbank Quick Loans, lets clients apply through…