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Umba: Funding, Investors & Team (Oct 2026)

Umba is an African digital bank, offering free bank accounts and financial services to our customers. We provide an ecosystem of connected financial services that allows the customer complete control of their finances all in one App.

www.umba.com LinkedIn San Francisco, United States 51-100 employees
Emerging Markets Financial Services FinTech Micro Lending Mobile Apps
Total raised
$22.0M
Rounds
3
Latest
Undisclosed round
Apr 2025

Umba has raised $22.0M across 3 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Apr 2025.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Umba Company Profile and Key Stats

Total funding raised
$22.0M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$5.0M in Apr 2025
Employees
51-100
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Apr 2025.

Umba Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M
Series A
$15.0M
Undisclosed round
$2.0M

Umba raised $2.0M in an undisclosed round announced in Dec 2020.

1.3 years later, a Series A of $15.0M was announced in Apr 2022.

3 years later, an undisclosed round of $5.0M was announced in Apr 2025.

Umba Founders and Leadership Team

Name
Role
Contact
Barry O'mahony
Founder
—
Tiernan Kennedy
CEO
Locked

Contact details for the Umba team: 1 of 2 have an email address on file.

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Umba Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
30,234
$7.6M

Umba's latest round of $5.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Umba Funding FAQs

What does Umba do?

Umba is an African digital bank, offering free bank accounts and financial services to our customers. We provide an ecosystem of connected financial services that allows the customer complete control of their finances all in one App.

How much funding has Umba raised?

Umba has raised $22.0M across 3 rounds on record. The most recent is an undisclosed round of $5.0M announced in Apr 2025.

When did Umba last raise funding?

Umba's most recent funding round on record is an undisclosed round of $5.0M, announced in Apr 2025.

Who founded Umba?

FundedIQ lists Barry O'mahony (Founder) at Umba.

Who is the CEO of Umba?

Tiernan Kennedy is listed as CEO at Umba.

Where is Umba headquartered?

Umba is based in San Francisco, California, United States.

How many employees does Umba have?

Umba is in the 51-100 employee band.

How does Umba's funding compare to other Apps startups?

Umba's latest round of $5.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Umba Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Umba is left off this page rather than filled in.

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