The Work Index by Flexa

Juvo

Juvo is a financial technology company that uses mobile phone data to provide credit scores and financial services to underbanked individuals.

https://www.juvo.com/
4.8

/10

Transparency ranking

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Description

Juvo is a financial technology company focused on creating financial identities for underbanked individuals globally. The company utilizes mobile phone data to develop a proprietary credit scoring system called YEScore, which provides access to financial services for those without traditional credit histories. This innovative approach has enabled Juvo to provide over 100,000 loans daily in Brazil, with a particular emphasis on serving the 68% of adults worldwide who lack formal credit history. Juvo's mission is to bridge the gap in financial inclusion by making financial opportunities accessible to a broader population.

Juvo's impact extends beyond Brazil, with a global vision to transform the financial landscape. They have established partnerships with mobile network operators and financial institutions to expand their reach and provide a more equitable system for accessing credit. Juvo's focus on digital innovation and its dedication to creating a "YES Economy" have earned them numerous awards and recognition for their contributions to financial inclusion and technological advancement.

Flexibility

Juvo offers a remote work option for at least some of their roles, as their website mentions "Join a diverse team that is changing the way credit is done." This suggests a distributed workforce. However, specific details regarding the extent of flexibility, such as remote work policies, are not included on the company's career page.

Mission

Juvo is a financial technology company that aims to unlock financial opportunities for billions of people worldwide, particularly those who are unbanked. Their mission is to create a "YES Economy" where financial institutions can say yes to more people by utilizing mobile phone data to build proprietary credit scores, known as YEScore. Juvo empowers individuals without formal credit history to access fair financial services, such as airtime lending and cash loans, thereby promoting financial inclusion and fostering economic growth.

Data-driven
Disruptor
Improving quality of life/health
Social impact led
Tech for good

Culture

Juvo fosters a culture of innovation and collaboration, focused on bringing financial services to underserved populations. The company values customer-centricity, resilience, and a willingness to learn and grow, encouraging its employees to "roll up their sleeves and play in 11 positions." This dynamic environment is driven by a shared mission of creating a more inclusive financial world and attracts individuals who are passionate about making a positive impact.

DE&I

Juvo's approach to diversity, equity, and inclusion is highlighted by its commitment to creating a diverse team that is changing the way credit is done. The company emphasizes its inclusive culture, stating that it "cares about our customers, colleagues and company" and encourages employees to "roll up our sleeves and play in 11 positions." This suggests an environment where individuals from various backgrounds are valued and have opportunities to contribute, fostering a culture of inclusivity and collaboration.

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