Tembo

TemboPlus is a Banking as a Service (BaaS) and payments infrastructure platform for neobanks, fintechs, and businesses building financial services across Africa.

Key capabilities include:

• Banking and payments APIs for KYC, local payments, business and individual accounts, actual and virtual cards, bill payments, and international remittances, designed to support one integration for multiple product lines
• Domestic and cross-border payment rails to run merchant collections, bulk disbursements, and inbound remittance termination to bank accounts and mobile money wallets
• Collections and settlement options that accept payments via bank transfers, cash, mobile money wallets, and cards, with settlement in USD, EUR, GBP, or other preferred currencies
• Payout tooling that supports disbursements to banks and mobile money platforms via APIs or a payout dashboard

Available via Web, iOS, Android, and API (developer documentation at https://tembo.gitbook.io/tembo/introduction).

Target users include international merchants, e-commerce companies, betting operators, enterprises, NGOs, remittance companies, aggregators, payroll processors, and cross-border trade facilitators that need African payment acceptance, payouts, and compliance support.

Notable in the African market context, TemboPlus Company Limited is licensed by the Central Bank of Tanzania as a Payment Services Provider, and the service states it is not a bank, with banking services provided by bank partners.