Tanzanian fintech startup Tunzaa, which has developed an innovative payments API enabling e-commerce transactions to be processed in installments, has secured funding from Warioba Ventures to help it scale.
Tunzaa offers flexible installment options that empowers consumers to access products more conveniently while promoting financial inclusion and economic empowerment. The platform inspires a culture of savings by enabling consumers to save towards specific goals through gamified incentives.
The startup has secured an undisclosed amount of funding from Warioba Ventures to help it expand.
“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,” Warioba Ventures said in a statement.
