Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues1.2m1.2m<1m
% growth--(25 %)
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DateInvestorsAmountRound
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N/A

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£30.0k

Seed

£140k

Seed
N/A

£215k

Seed
N/A

$1.4m

Early VC
Total Funding€1.7m

Recent News about Zazu

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More about Zazuinfo icon
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Zazu Africa operates in the financial technology sector, offering a comprehensive mobile wallet solution designed to simplify financial transactions for its users. The company primarily serves individual consumers in Zambia, providing them with tools to manage their finances more effectively. Zazu's core offerings include a physical and virtual Mastercard, which can be used for point-of-sale transactions, online purchases, and ATM withdrawals. The platform also features functionalities for sending and receiving domestic funds, making payments, and automatically saving spare change from transactions.

Zazu's business model revolves around aggregating various financial services within its app, enabling users to access loans, insurance, and other financial products tailored to their needs. This aggregation not only aids in the discovery of financial services but also ensures that users are presented with the best available options, thereby enhancing transparency in the financial services industry.

Revenue is generated through transaction fees, card issuance fees, and potentially through partnerships with financial service providers featured within the app. The company is licensed by the Bank of Zambia, ensuring regulatory compliance and operational credibility.

Keywords: mobile wallet, financial technology, Zambia, Mastercard, payments, savings, loans, insurance, financial transparency, domestic transfers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.