JMMB

Kingston, Jamaica Founded: 1992 • Age: 34 yrs
Consumer and business loans are provided by JMMB in Jamaica.

About JMMB

JMMB is a Financial Services company based in Kingston (Jamaica) founded in 1992 by Joan Duncan and Noel Lyon. Consumer and business loans are provided by JMMB in Jamaica. 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. Its website jmmb.com draws about 500 thousand monthly visits. JMMB offers products and services including JMMB Bank, JMMB Funds, and JMMB Puesto de Bolsa. Its focus areas include Consumer and SME Loans and Diversified. Its competitors include Access Financial Services, Dolla Financial and Sprint Financial Services.

Company details

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.

  • Headquarters Kingston, Jamaica
  • Founders Joan Duncan, Noel Lyon
  • Sectors
    Financial Services
  • Website category Finance · Financial Planning and Management
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website jmmb.com/portal-page
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $9B (USD)

    in 1 rounds

  • Latest Funding Round
    $9B (USD), Private Equity Round

    Dec 2018

  • Investors
  • Investments & Acquisitions
    BELLBANK

    & 1 more

Products & Services of JMMB

JMMB offers a comprehensive portfolio of products and services, including JMMB Bank, JMMB Funds, and JMMB Puesto de Bolsa.

JMMB Bank
Banking Services

Provides banking and financial support for individuals

JMMB Funds
Investment Services

Offers investment funds for client financial growth

JMMB Puesto de Bolsa
Brokerage Services

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.

  • Total Funding $9B
  • Total Rounds 1
  • Last Round Private Equity Round β€” $9B
  • First Round $9B

    (Dec 2018)

  • Investors Count 1

All 1 funding rounds of JMMB with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$9BPrivate Equity Round––
Valuation history

1 investors in total: 1 institutional.

Investors in JMMB

JMMB has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PROVEN.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Financial solutions are provided across the Caribbean region.
2010weareproven.comKingston, Jamaica
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Investor details for JMMB

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People of JMMB

2 people are tracked at JMMB (2 in leadership).

NameRoleGroup
Joan Duncan
Co-FounderLeadership
Noel Lyon
Co-FounderLeadership
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Complete people profiles 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Commercial banking services are offered in the Dominican Republic.
bancomultiplebellbank.tcc.modeDominican Republic0Aug 2022β€’β€’β€’β€’
Commercial banking services are provided in the Dominican Republic.
bellbank.comSanto Domingo, Dominican Republic1987Aug 2022β€’β€’β€’β€’
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Complete acquisition details for JMMB

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  • Acquired stakes
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  • Complete history
  • Exports

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Timeline of JMMB

4 dated milestones of JMMB across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded JMMB is founded.
  2. Funding First funding round of $9.0B.
  3. Acquisition Acquires BELLBANK.
  4. Acquisition Acquires Banco Multiple Bell Bank.

Competitors of JMMB

JMMB has 3 listed competitors in our database. They include Access Financial Services, Dolla Financial and Sprint Financial Services.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
accessfinanceonline.com2000Kingston, Jamaica
Offers loans for personal and business needs in Jamaica.
dollafinancial.com2014Kingston, Jamaica
Provider of consumer & business loans
sprintfinja.com2011Kingston, Jamaica
Provider of consumer and SME loans
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Detailed competitors of JMMB

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Web traffic of JMMB

The website of JMMB (jmmb.com) receives about 500.3K visits a month and ranks #89,238 among all websites worldwide, #5,622 in Financial Planning and Management.

  • Monthly visits
    500.3K

    ▲ 15% vs previous month

  • Unique visitors
    96.8K

    per month

  • Global rank
    #89,238

    among all websites

  • Category rank
    #5,622

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with JMMB. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jamstockex.com
100%
261.1K#171,666View details
boj.org.jm
78%
680.7K#693,264View details
jnbs.com
jnbs.com
71%
–
jnfunds.com
jnfunds.com
70%
#2,806,885–
jamaicatax.gov.jm
jamaicatax.gov.jm
69%
#105,155–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for JMMB

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about 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. The company's 1st funding round was a Private Equity Round of $9B, raised on Dec 2018.

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 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.

The website of JMMB receives about 500 thousand visits a month and ranks #89,238 among all websites worldwide.

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