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Tuma Inc. Secures $500,000 in Funding from Visa and Visible Hands

Tuma Inc. Secures $500,000 in Funding from Visa and Visible Hands

June 27, 2023

Brooklyn, New York - Tuma Inc., a leading SoftPOS company revolutionizing contactless payment acceptance, announced today that it has successfully raised $500,000 in a recent funding round. The round was led by global payments technology leader Visa and supported by Visible Hands, a prominent investment firm. The funds raised will be utilized to accelerate Tuma's growth and further enhance its innovative financial services offerings.

As a pioneer in the financial services industry, Tuma empowers sellers by providing them with a seamless and user-friendly solution for accepting payments. Leveraging cutting-edge technology, Tuma enables contactless payment acceptance on a variety of devices, including Android and iOS smartphones, as well as feature phones.

Elijah Lubala, the visionary founder of Tuma Inc., expressed his gratitude for the support from Visa and Visible Hands. He stated, "This funding marks a significant milestone for Tuma, and we are thrilled to have such esteemed partners on board. With their backing, we are well-positioned to continue our mission of revolutionizing payment acceptance and empowering sellers with our innovative SoftPOS solution. We are excited about the opportunities ahead as we expand our reach and deliver unparalleled value to merchants across the globe."

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