Tanzanian fintech startup Tunzaa, known for its groundbreaking payments API that facilitates e-commerce transactions through installment plans, has successfully secured funding from Warioba Ventures to support its growth and expansion efforts.
Tunzaa’s platform provides consumers with flexible installment payment options, making it easier for them to access a wide range of products. This approach not only enhances convenience but also promotes financial inclusion and economic empowerment across the region. By offering gamified incentives, Tunzaa encourages a culture of savings, allowing consumers to save towards specific goals in an engaging and rewarding manner.
The startup has received an undisclosed amount of funding from Warioba Ventures, which will be instrumental in driving its expansion plans.
In a statement, Warioba Ventures expressed their enthusiasm for the investment, saying;
This investment underscores our commitment to fostering solutions that address the unique challenges of African markets while creating a ripple effect of financial empowerment and economic growth. We believe Tunzaa is poised to redefine how payments and savings are integrated into the e-commerce experience, setting a new standard for financial inclusion and innovation.
