Tumelo, an impact-focused fintech, has completed a round of funding and has raised $19m in a Series A round led by Treasury, a US-based Fintech venture.
Further investors include Legal & General (L&G), Fidelity International Strategic Ventures (FISV), Nucleus Adventure Capital, Lance Uggla, previous CEO of IHS Markit, and Jim Wiandt, founder of ETF.com.
They join Tumelo’s existing investors, including Jeremy Coller, CIO of Coller Capital and founder of the FAIRR Initiative, a collaborative investor network that raises awareness of the investment risk brought about by intensive livestock production.