
Tunzaa Fintech
A save-now-buy-later secure savings and payments infrastructure (API) for the unbanked African consumers who save to buy from a curated marketplace of trusted merchants.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Tunzaa is an African-focused online marketplace that caters to middle and low-income earners by offering a unique platform for purchasing goods and services. The company operates in the e-commerce sector, specifically targeting consumers who prefer or need to make payments in small, manageable installments. This business model not only makes products more accessible but also encourages better financial habits among its users. Tunzaa generates revenue by charging vendors a fee for listing their products and services on the platform, as well as through transaction fees on each sale. The marketplace features a wide range of products, from home appliances and electronics to travel packages, all vetted for quality and affordability. Users can track their savings and expenditures in real-time, set financial goals, and receive custom reminders to stay on track. Additionally, Tunzaa rewards users with points for positive saving behaviors, which can be redeemed at various partner businesses, including malls and restaurants. This incentive system is designed to further promote financial discipline and customer loyalty.
Keywords: e-commerce, installment payments, financial discipline, middle-income, low-income, savings tracking, goal setting, rewards program, vetted products, African market.