Jumia partners with Diar Dzair to launch buy now pay later in Algeria

Jumia has launched a Buy Now, Pay Later (BNPL) service in Algeria in partnership with local fintech Diar Dzair. This move targets financial inclusion in underbanked markets.

Jumia stock rallies 20% on future profit hopes

Jumia’s stock rose 20% Friday after the company reaffirmed its path to profitability by 2027, even as losses widened and revenue fell in Q1 2025.