COMPANY PROFILE

Jabu

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An app that powers the supply chain and last-mile for small retail stores and bars in Africa

Windhoek, NamibiaFounded 2020Marketing

Valuation $50–100M Last recorded · 2022

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Jabu

GoJabu.com is the digital platform for Jabu Wallet Ltd, a financial technology startup licensed by the Bank of Zambia. The company operates in the B2B payment sector, offering a unique solution for businesses to handle their financial transactions. The core product is the Jabu Smart Safe, a certified device that digitizes cash, making it instantly available in the user's JabuPay app. This allows businesses to transform their physical cash into digital currency swiftly and seamlessly.

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The company's primary clients are businesses, particularly those that deal with a significant amount of cash transactions. Jabu Wallet Ltd provides a comprehensive solution that includes the smart safe on premises, licensed cash-in-transit pickups, and comprehensive insurance and security. This service is offered on a monthly rental basis.

One of the key features of the JabuPay app is its ability to make B2B payments for free. This feature simplifies the process of paying suppliers and improves cash flow and operational efficiency. The app also provides real-time transaction monitoring and instant access to payment records, enhancing financial control and transparency for businesses.

The company operates in the African market, with contact numbers provided for Zambia and South Africa. It is licensed by the Bank of Zambia, ensuring secure and compliant financial transactions.

In summary, GoJabu.com provides a unique solution for businesses to digitize their cash, streamline their payment processes, and enhance their financial control and transparency.

Source: Dealroom company data