About JMMB
JMMB is a company based in Kingston (Jamaica) founded in 1992 by Joan Duncan and Noel Lyon. JMMB has raised $9 billion across 1 funding round from investors including PROVEN. JMMB has completed 2 acquisitions, including BELLBANK and Banco Multiple Bell Bank. JMMB offers products and services including JMMB Bank, JMMB Funds, and JMMB Puesto de Bolsa. JMMB operates in a competitive market with competitors including GE Capital, KJMC Finserv Group, Access Financial Services, Dolla Financial and Sprint Financial Services, among others.
- Headquarter Kingston, Jamaica
- Founders Joan Duncan, Noel Lyon
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Sectors
Financial Services
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Products & Services of JMMB
JMMB offers a comprehensive portfolio of products and services, including JMMB Bank, JMMB Funds, and JMMB Puesto de Bolsa.
Provides banking and financial support for individuals
Offers investment funds for client financial growth
Delivers stock brokerage for trading securities
Funding Insights of JMMB
JMMB has successfully raised a total of $9B through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $9 billion completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in JMMB
JMMB has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PROVEN.
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Financial solutions are provided across the Caribbean region.
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Investor details for JMMB
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Investments & Acquisitions by JMMB
JMMB has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BELLBANK and Banco Multiple Bell Bank.
Investment portfolio details for JMMB
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Commercial banking services are provided in the Dominican Republic.
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Commercial banking services are offered in the Dominican Republic.
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Complete acquisition details for JMMB
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Financial Statements - JMMB
Detailed financials for JMMB
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Jmmb Comparisons
Peer comparison for JMMB
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Competitors of JMMB
JMMB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GE Capital, KJMC Finserv Group, Access Financial Services, Dolla Financial and Sprint Financial Services, among others.
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Commercial aircraft and equipment leasing and lending services are provided.
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Corporate advisory firm
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Offers loans for personal and business needs in Jamaica.
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Provider of consumer & business loans
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Provider of consumer and SME loans
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Detailed competitors of JMMB
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Latest news on Jmmb
Complete news archive for JMMB
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Frequently Asked Questions about JMMB
JMMB was founded in 1992 and raised its 1st funding round 26 years after it was founded.
JMMB is headquartered in Kingston, Jamaica.
JMMB is a funded company, having raised a total of $9B across 1 funding round to date.
JMMB was established in 1992 in Kingston, Jamaica, by co-founders Joan Duncan and Noel Lyon. Financial services are offered, with a focus on consumer and business loans for individuals and companies. Operations are based in Jamaica, where lending solutions are extended through local branches and the domain jmmb.com. Core activities center on credit provision within the banking sector, supporting economic needs in the region.
JMMB's top competitors include GE Capital, KJMC Finserv Group and Dolla Financial.
JMMB offers JMMB Bank, JMMB Funds, and JMMB Puesto de Bolsa.
JMMB has made 2 acquisitions, including BELLBANK, and Banco Multiple Bell Bank.
JMMB has 1 investor. Key investors include PROVEN.