Juvo provides an identity scoring platform that partners with mobile network operators to create identity-based relationships for anonymous prepaid users. Its technology uses data science, machine learning and game mechanics to create financial identities and enable ongoing access to mobile financial services. The platform is designed to increase engagement and improve subscriber loyalty and revenue for mobile operators, and to help operators accelerate migration to smartphones among prepaid subscribers. Juvo has offices in Miami, London, Buenos Aires, Manila and Jakarta and is based in San Francisco, CA. The company reports a reach of over 500 million subscribers across four continents in 25 countries. Samsung Next made a strategic investment to enable Juvo to expand its business reach and broaden access to digital financial services. Juvo partners with mobile operators and financial institutions to apply data-science-based credit algorithms that identify previously anonymous prepaid subscribers and create financial identities. The platform enables those subscribers to gain access to basic financial services. Juvo has partnered with seven mobile operators and reports a reach of over 500 million subscribers across 25 countries and four continents. The company came out of stealth mode 10 months prior to the article and is led by CEO Steve Polsky. Juvo maintains offices in Miami, London, Buenos Aires, Manila, and Jakarta. It plans to use new funding to drive global growth and scale, with particular emphasis on Asia, Latin America and Europe, and to broaden its suite of financial service offerings targeting the financially excluded. Juvo provides a cloud-based proprietary identity stack for mobile operators. Its stack combines consumer internet know-how, data science, and game mechanics to identify previously unknown mobile users and encourage them to interact with their mobile operator. The platform targets prepaid users and engages them in real time based on their unique preferences. It also includes intelligence and reporting tools that supply operators with actionable analytics and insights to drive user engagement and growth. Led by CEO and founder Steve Polsky, Juvo is based in San Francisco and maintains offices in Miami, London, Buenos Aires, Manila, Jakarta and Hanoi. The company raised $14M and intends to use the funds to expand operations.

Total raised

$54M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2017