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Funding is raised by Tanzanian financial company Tunzaa to support its growth.

Summarized by AI Model:Overglitch/t5-small-cnn-dailymail

Tunzaa has created a payment API that allows e-commerce transactions to be processed in installments . The platform encourages a culture of saving by allowing users to save towards specific goals through gamified incentives . It provides flexible installment options that enable consumers to access products more conveniently while promoting financial inclusion and economic empowerment .

Tunzaa, a Tanzanian fintech startup, has received funding from Warioba Ventures to help it grow. Tunzaa has created a novel payments API that allows e-commerce transactions to be processed in installments. The platform encourages a culture of saving by allowing users to save towards specific goals through gamified incentives, and it provides flexible installment options that enable consumers to access products more conveniently while promoting financial inclusion and economic empowerment.

This investment demonstrates our dedication to developing solutions that tackle the particular difficulties faced by African markets and have a positive knock-on effect on economic growth and financial empowerment. Warioba Ventures stated in a statement that Tunzaa is “positioned to redefine how payments and savings are integrated into the e-commerce experience, setting a new standard for financial inclusion and innovation.”