Tumelo is an impact-focused financial technology firm. We’re on a mission to empower platforms to engage their investors by giving them transparency and a voice.
We provide software to investment and pension platforms, enabling them to provide their own customers (investors) with transparency over the companies they own through funds/portfolios and a shareholder voice on issues they care about, such as gender equality or climate change.
How did you come up with the idea for the company?
Tumelo was established at Cambridge University, where myself along with co-founders Will and Ben campaigned for the sustainable investment of our university’s £6 billion investment fund, influencing the University and their fund managers to vote for climate protection, gender equality and human rights at companies within the investment portfolio.
We recognised a global problem: Millions of ordinary people contribute to our investment system through ISAs, workplace pensions, and other investments yet have no visibility over where their money is going and no voice at the companies they own through those investments. The result? A society that is disengaged and an investment system that is broken and unsustainable. Tumelo was created to change this.
More from Interviews
- A Chat with Sam Booth, CEO at Cloud Waste Reduction Platform: Turn It Off
- Meet Nick Lynes, Co-CEO and Co-Founder at AI Video Company: Flawless
- This Student Outsmarted His University With A Game-Changing App
- A Chat with Sophie O’Brien, Founder at Entry Level Recruitment Platform: Pollen Careers
- Meet Oliver Tomalin, Founder of Luxury Men’s Swimwear Brand: LOVE BRAND & Co.
- A Chat With Georgi Grogan, Co-Founder at Functional Mushroom Blend Company: Sixways
- Meet Joseph Femi Aghedo, Chief Operating Officer at Digital Nomad Neobank: Grey
- Meet Rika Khurdayan, CLO at New Space and Time Labs
What advice would you give to other aspiring female entrepreneurs?
No one else has all the answers – even if they appear to! you need to believe in yourself, and what you do, and lean into your strengths.
What can we hope to see from Tumelo in the future?
We’ll be rolling out across more investment platforms and giving a voice to hundreds of thousands of investors during 2021. The team will be growing and we’ll be expanding overseas. We’re excited to be shaking up the investment system, for better, and doing so alongside some really inspiring and progressive investment platforms.
