Tembo Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 2

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Latest Deal Amount
  • $100K

  • Investors
  • 10

Tembo General Information

Description

Developer of payment infrastructure software intended for fund collection, storage, and transfer across African markets. The company's platform provides APIs, digital wallets, bank account infrastructure, payment collection and payout capabilities, virtual accounts, cross-border payment processing, remittance services, and compliance tools, enabling fintechs, merchants, enterprises, and payment providers to manage domestic and international financial transactions.

Contact Information

Website
www.temboplus.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4th Floor, Victoria Noble Center
  • New Bagamoyo Road
  • Dar es Salaam
  • Tanzania
+255 0764
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Other Financial Services
Application Software
Vertical(s)
SaaS, FinTech, Mobile
Corporate Office
  • 4th Floor, Victoria Noble Center
  • New Bagamoyo Road
  • Dar es Salaam
  • Tanzania
+255 0764

Tembo Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Tembo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Accelerator/Incubator 13-Jan-2025 $100K Completed Generating Revenue
2. Early Stage VC 01-Jan-2024 Completed Generating Revenue
1. Early Stage VC 01-Jan-2023 Completed Generating Revenue
To view Tembo’s complete valuation and funding history, request access »

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Tembo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Tembo Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
DeveloPPP Ventures Other
African Renaissance Ventures Venture Capital Minority
HoaQ Angel Group Minority
Ajim Capital Venture Capital Minority
Aleka Capital Venture Capital Minority
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Tembo FAQs

  • When was Tembo founded?

    Tembo was founded in 2020.

  • Where is Tembo headquartered?

    Tembo is headquartered in Dar es Salaam, Tanzania.

  • What is the size of Tembo?

    Tembo has 2 total employees.

  • What industry is Tembo in?

    Tembo’s primary industry is Financial Software.

  • Is Tembo a private or public company?

    Tembo is a Private company.

  • What is Tembo’s current revenue?

    The current revenue for Tembo is .

  • How much funding has Tembo raised over time?

    Tembo has raised $100K.

  • Who are Tembo’s investors?

    DeveloPPP Ventures, African Renaissance Ventures, HoaQ, Ajim Capital, and Aleka Capital are 5 of 10 investors who have invested in Tembo.

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