Executive Summary
JamboPay is an award-winning Kenyan fintech company and a licensed Payment Service Provider regulated by the Central Bank of Kenya. Founded in 2009, JamboPay provides comprehensive digital payment solutions, serving over 1,500,000 consumer clients across over 5,000 merchants. The company is a key provider of payment infrastructure (Payment Rails & white label e-wallet) for corporate and retail businesses, banks, governments, and technology firms, facilitating efficient revenue collection, payouts and other financial transactions across East Africa. Media Contact: Communications Department Web Tribe Ltd (JamboPay) Email: media@jambopay.com Website: www.jambopay.com Raising a convertible bridge round estimated at $3.5m to scale up in Kenya, as the Company prepares for Series A. Founded in 2009, JamboPay continues to be founder run with 40+ team members many who have been with the company since founding or for several years. JamboPay's team has established itself as a pioneer in digital payment solutions. The executive team has team fintech, telecommunications, engineering, technology and administrative support experience with fintechs, corporates and leading companies in Kenya. With a focus on innovation and customer satisfaction, the company has a strong market presence with local and global brands and recognized through numerous awards. JamboPay is a private company with high growth and strong profitability. It has multiple products and solutions hence multiple revenue streams. Kenya is a highly dynamic and fragmented market with tremendous opportunities for growth. What differentiates JamboPay is the company is a licensed e-money issuer and a payment gateway service provider in Kenya as well as a mobile virtual network operator (MVNO).
Opportunity Overview
Country Focus
Business Sector
Country of Incorporation
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
Contacts List
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
List of Products
| Code | Level | Title | Definition |
|---|---|---|---|
| 93151608 | Commodity | Government or central bank services | |
| 84141602 | Commodity | Credit card service providers | |
| 60131306 | Commodity | Banjoes | |
| 84121606 | Commodity | Remittance processing services | |
| 93151702 | Commodity | National bank notes | |
| 84121501 | Commodity | Privately owned banks | |
| 84111701 | Commodity | Treasury services | |
| 80131703 | Commodity | Escrow account services | |
| 93141901 | Commodity | Agricultural commercial banking services | |
| 84121603 | Commodity | Currency exchange services |
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.