Juvo Mobile Inc.

Juvo Mobile Inc. specializes in innovative financial solutions that empower individuals without formal credit histories to access essential financial services through technology-driven products. Juvo Mobile Inc. was founded in 2014 and is headquartered in San Francisco, US.

The company focuses on leveraging mobile technology to provide financial products. Founded by Steve Polsky, who has a background in technology and finance, Juvo has engaged in 5 deals. In August 2025, Juvo Mobile Inc. raised USD 25 million in venture funding from new investors Itau Asset Management, Augme Capital, and Credit Saison, with participation from returning investor SRM Ventures.

Juvo offers innovative financial products centered around its proprietary credit scoring system, enabling individuals with no formal credit history to access financial services. The core offerings include Airtime Lending, which allows pre-paid mobile users to borrow against their mobile airtime, and Cash Loans that utilize the user's cellphone as collateral. These services are designed to address the financial needs of a substantial demographic—approximately 68% of adults worldwide—who lack traditional credit access. Juvo primarily serves customers in Brazil, where it has achieved significant penetration, providing over 100,000 loans daily.

The company's unique approach leverages mobile user behavior data to create the YEScore, which is instrumental in facilitating credit decision-making and expanding financial opportunities for underserved populations. Juvo generates revenue through the disbursement of loans, engaging in direct-to-consumer transactions primarily within the Brazilian market. The company structures its transactions around its flagship products—Airtime Lending and Cash Loans—offering borrowers the ability to access funds quickly and efficiently. Revenue is derived from interest and fees associated with these loans, which are structured to reflect the risk assessment derived from Juvo's proprietary credit scoring system.

By partnering with mobile network operators, Juvo enhances its client base, directly reaching millions of users who may otherwise be excluded from conventional financial services. This strategic positioning enables Juvo to operate a high-volume lending model, solidifying its role in the financial identity sector. Juvo Mobile Inc. plans to utilize its recent funding from the Series A round to enhance its product offerings and expand into new geographic markets.

The company is designing new financial products aimed at increasing accessibility for underserved populations. Specific markets targeted for expansion include additional regions within Latin America, with plans to execute these strategies in the coming year. Additionally, the acquisition by NGP Capital indicates a strategic partnership to bolster Juvo's market presence and operational capabilities.