Since the COVID-19 pandemic, e-commerce has experienced significant growth across Africa. In Tanzania, Ng'winula Kingamkono has developed a solution to fuel this expansion.
Tunzaa is a Tanzanian fintech platform that combines a marketplace with payment solutions. Founded in 2020 by Ng'winula Kingamkono, the Dar es Salaam-based company connects businesses with a network of buyers who can utilize installment payment plans to purchase a variety of goods and services. It recently secured an undisclosed funding round to fuel its growth
The Tunzaa mobile app, available on both iOS and Android, has been downloaded over 10,000 times, according to Play Store data. The app features a wide range of products, thanks to partnerships with major international brands that offer exclusive deals.
After a purchase, users have multiple payment options, including bank cards, mobile money (notably M-Pesa), and payments via Tunzaa's digital wallet. Upon completing a transaction, the platform sends the user a message or email, followed by a phone call to arrange delivery details.
For those who prefer not to opt for delivery, orders can be picked up directly from the seller or Tunzaa's customer service center. Regarding installment payments, users only receive their purchases after the full amount has been paid.
Adoni Conrad Quenum