TanzPay
Founded
2025 in Dar es Salaam, Tanzania — TanzPay was launched as a digital payments platform to empower individuals, merchants, and businesses with secure, seamless, and inclusive financial transactions using mobile wallets, bank accounts, QR codes, and developer APIs tailored for the Tanzanian market.
Founders & Leadership
Kumar Pandya — Founder (fintech entrepreneur focused on reducing transaction costs and building inclusive financial infrastructure).
Location
Dar es Salaam, Tanzania — operating as a Tanzanian fintech serving both consumers and businesses domestically, with ambitions to scale digital payment services across broader markets.
Industry
FinTech / Digital Payments / Financial Infrastructure — providing mobile‑first payment solutions that integrate mobile wallets, bank transfers, card payments, merchant tools, investment and lending features, and developer‑friendly APIs.
Funding Stage
Early Stage / Bootstrapped — As of late 2025, there is no publicly disclosed formal venture funding round (e.g., Seed / Series A) for TanzPay. It is catalogued on startup directories as an emerging fintech venture working on digital payment infrastructure, suggesting early‑stage development with possible ecosystem support rather than major equity investment yet.
Overview
TanzPay is a Tanzanian digital payment platform designed to simplify and modernize how individuals and businesses send, receive, and manage money. It supports a broad range of transactions — including payments to merchants, bill payments, airtime top‑ups, investment and lending services, and global payment reach — all through a secure, mobile‑first app that doesn’t require holding funds on the platform itself.
Core Features & Capabilities
All‑in‑One Digital Payments: Send and receive money instantly via mobile wallets, bank accounts, or cards without holding user funds in a third‑party wallet.
Merchant Payments & QR Acceptance: Merchants can accept payments via QR codes, direct transfers, and digital invoicing with real‑time settlement to bank accounts.
Payment Links: Generate sharable payment links for remote or online transactions, usable via SMS, WhatsApp, or email.
Developer APIs & Integration: Offers RESTful APIs, SDKs, and sandbox environments for embedding payment capabilities into apps, e‑commerce stores, or business systems.
Investing & Lending Features: Users can invest and potentially access financial products like micro‑loans through the platform (feature offerings vary in deployment).
Real‑Time Transaction Tracking: Businesses and consumers receive up‑to‑date transaction details and analytics within the app.
Target Market
Consumers & Everyday Users in Tanzania needing convenient digital payments, bill payments, and mobile financial services.
SMEs & Merchants looking for cost‑effective payment acceptance, QR codes, and real‑time settlement tools.
Developers & Platforms wanting embedded payments within digital products via APIs and integrations.
Financial Inclusion Advocates aiming to reduce cash dependency and expand digital financial access across urban and rural communities.
Value Proposition
TanzPay democratizes access to digital finance by offering a versatile, secure, and mobile‑first payment platform that reduces reliance on cash, broadens how payments are accepted (including mobile wallets and cards), and embeds financial services into everyday commerce and digital ecosystems — all without holding customer funds and with a strong focus on inclusivity and scalability within Tanzania’s growing digital economy.