Zumo
Company

Last deal

$8.69M
Local Amount - GBP 7M

Amount

Seed

Stage

25.04.2023

Date

3

all rounds

$12.89M

Total amount

date founded

Financing round

General

About Company
Zumo turns cryptocurrency into accessible money for everyone.

Industry

Sector :

Subsector :

Keywords :

founded date

01.11.2017

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Zumo provides a financial application that allows users to buy, send, and store cryptocurrencies, exchange them with traditional currencies, and pay for goods and services using a convertible debit card. ZumoPay offers a safe and easy way for brands to accept payments in cryptocurrency with lower transaction fees than traditional payment solutions. Additionally, ZumoKit provides a Wallet as a Service, Software Development Kit (SDK), which enables users to set up and manage their own cryptocurrency payments infrastructure.
Contacts

Contact Email

Social url

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Financials

Funding Rounds
5
3

Number of Funding Rounds

$12.89M

Money Raised

Their latest funding was raised on 25.04.2023. Their latest round Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
25.04.2023
$8.69M
Local Amount - GBP 7M
22.09.2020
$981.17K
Local Amount - GBP 770K
26.05.2020
3
$1.36M
Local Amount - GBP 1.1M
Co-Investors
Investors
6
2

Number of lead investors

6

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Angel
No
Angel, Seed
Jon Claydon

Jon Claydon

current job

Havas Work Club
Havas Work Club

count Of Investments

7

count Of Exists

1

Guy Berryman

count Of Investments

3
Block.one

Block.one

Blockone developed EOSIO open-source software for blockchain flexibility and scalability.

Sector

Software and Computer Services

Subsector

Software

Keywords

Software, Information Technology, Blockchain

Location

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count Of Investments

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2
Brendan Blumer

Brendan Blumer

Brendan was an early investor in blockchain and transitioned to full-time involvement in the space in 2016 when he met business partner Dan Larimer and they co-founded Block.one. Prior to this, Brendan founded okay.com, a collaborative data-sharing ecosystem for the Asia Pacific property market that has grown to be Hong Kong’s largest digital property agency. He has been building disruptive technology companies since 2001, when he started Gamecliff, a company that automated the valuation, purchase, and resale of in-game items in the world’s largest online video games.

current job

EOS VC Fund
EOS VC Fund

count Of Investments

1

People

Founders
2
Paul Roach
Paul Roach

Paul Roach

current job

Zumo
Zumo

organization founded

1

Paul Roach

Nick Jones
Nick Jones

Nick Jones

Nick is a serial entrepreneur who has worked cutting edge of the digital industry since 2000. Nick joined the launch team at Goto.com (latterly Overture Services) pioneering the search engine space in the UK. He subsequently held senior positions at Yahoo! following Overture’s acquisition in 2004 including launching Europe’s first mobile advertising solution. In 2006 Nick co-founded digital agency I Spy Marketing and led the business to 60+ employees before it was sold to Dentsu/Aegis in 2012. Nick also co-founded spin out business “Upcast Social”, a leading Facebook Ad management platform later sold to Mediamath. Between 2012 and 2018 Nick was a full time Angel Investor and held multiple Chairman, Non-Executive and Advisory roles in the Tech space. He founded investment syndicate Galvanise Capital in 2012 and now fills the role of non-executive chairman. In December 2017 the itch to get back into entrepreneurial life in a hands-on capacity grew too strong and he co-founded Zumo with long-time collaborator Paul Roach. Having spent the last 24 months building the product Nick and his team are now taking Zumo to market.

current job

Zumo
Zumo

organization founded

2

Nick Jones

Employee Profiles
8
Vicky Byrom

Vicky Byrom

Chief Data And Analytics Officer

Dagmara Aldridge

Dagmara Aldridge

Chief People & Culture Officer

Andy Downes

Andy Downes

Non Executive Director

Amélie ARRAS

Amélie ARRAS

Marketing Director

Eddie Robb

Eddie Robb

Commercial Director

Nick Jones

Nick Jones

CEO

Devina Paul

Devina Paul

CFO

Paul Roach

Paul Roach

Chief Product Officer

Activity

Recent News
6
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month