JamboPay
JamboPay is a Central Bank of Kenya-licensed payment gateway serving 1,500+ institutional clients across Kenya, Uganda, Tanzania, and Rwanda, connecting merchants to 28+ banks and mobile money operators through a single API with white-label and government collection offerings.
- Company typePrivate
- Founded2009
- HeadquartersNairobi, Kenya
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What JamboPay does
JamboPay, legally Web Tribe Limited, is a Nairobi-headquartered Payment Service Provider founded in 2009 by Danson Muchemi. The company operates a payment gateway that connects merchants and institutions to 28+ banks and mobile money operators across Kenya, Uganda, Tanzania, and Rwanda, processing transactions through a single API integration. JamboPay holds a Central Bank of Kenya PSP license and PCI-DSS Level 1 certification, and reports operational metrics of 99.98% uptime, sub-3-second median payouts, and 247 transactions per second throughput. The platform serves 1,500+ institutional clients, with visible case studies spanning government revenue collection (County of Nairobi), mobility (Karibu Mobility), e-commerce (Safari Mart Online), and informal retail (Mama Mboga Co.).
The company's core technology is a payment switch and integration layer that abstracts connections to M-PESA, Airtel Money, Visa, PesaLink, and additional bank rails, with features including white-label wallets, recurring billing, ERP export pipelines, bulk disbursement, and government collection workflows. In 2026 the company launched V2 cross-border infrastructure supporting multi-currency settlement across its four East African markets from a single integration.
JamboPay generates revenue through per-transaction fees on each supported rail (M-PESA, Airtel Money, Visa, PesaLink), white-label wallet licensing, government revenue collection contracts, and bulk disbursement fees. Its go-to-market spans enterprise and public-sector contracts as anchor accounts, supplemented by a long-tail SMB merchant base. The company maintains a lean operating structure of 11-50 employees and has accumulated 50+ industry awards over its 17-year operating history.
JamboPay firmographics
Firmographics- Name
- JamboPay
- Legal name
- Web Tribe Limited
- Website
- https://jambopay.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- JamboPay is a Central Bank of Kenya-licensed payment gateway serving 1,500+ institutional clients across Kenya, Uganda, Tanzania, and Rwanda, connecting merchants to 28+ banks and mobile money operators through a single API with white-label and government collection offerings.
- Ownership category
- akta.pro rank
JamboPay industry classification
Industry- Product category
- Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE)
- akta.pro secondary industries
- Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), P2P Transfers & Remittances Platforms (BPAMAFAE)
Keywords
Where JamboPay is headquartered
LocationHeadquarters
- HQ city
- Nairobi
- HQ country
- Kenya
- HQ region
- Africa
Offices4 records
Markets served
JamboPay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Transaction Processing Fees: Per-transaction fees charged to merchants and businesses for payment processing across all channels. Fee structure varies by payment method: M-PESA at KES 2,400 per transaction, Airtel Money at KES 1,800, Visa cards at USD 24.00, PesaLink transfers at KES 50,000. Settlement is automatic to merchant bank accounts.
- Wallet Services: White-label wallet issuance and management for platforms and businesses. Revenue from transaction fees on wallet-to-wallet transfers and balance management.
- Government Revenue Collection: Digital revenue collection services for county and national government agencies. Automates collection of parking, permits, licences, land rates, and market fees with automated reconciliation.
- Biller Integration Services: Integration fees for bill payment services including airtime, data, utilities (Nairobi Water), and Pay TV (DStv, GOtv). Auto-reversal on failed transactions.
- Payout/Bulk Disbursement Services: Bulk payment processing for payroll, supplier payments, bursaries, and welfare stipends. Reach 40+ Kenyan banks and mobile operators through single API.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | M-PESA transactions - KES 2,400 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Airtel Money transactions - KES 1,800 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Visa card transactions - USD 24.00 per transaction |
| Transaction based/ take rate | Pay-as-you-go | PesaLink bank transfers - KES 50,000 per transaction |
| Transaction based/ take rate | Pay-as-you-go | Bank transfers (SWIFT/RTGS) - Not publicly listed |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
JamboPay product offering
Product offeringCore offering
JamboPay operates a Central Bank of Kenya-regulated payment infrastructure platform that enables businesses, governments, and fintech platforms to accept payments via mobile money (M-PESA, Airtel Money), cards (Visa, Mastercard), and bank transfers (PesaLink, RTGS, SWIFT) through a single integration. The platform also provides real-time reconciliation, bulk disbursements to banks and mobile wallets, white-label wallet issuance, biller integration (airtime, utilities, Pay TV), cross-border remittance across East Africa, and government revenue collection and treasury modules. Revenue is generated via per-transaction fees that differ by rail (e.g., KES 2,400 per M-PESA transaction, USD 24.00 per Visa card transaction).
Product overview
JamboPay is a Payment Service Provider (PSP) regulated by the Central Bank of Kenya, offering a platform-plus-modules architecture built around a unified payment rail. The core offering spans four product lines: (1) White-label Wallet for branded wallet issuance; (2) Collections for multi-channel payment acceptance via M-PESA, Airtel Money, Visa, Mastercard, PesaLink, and bank transfer; (3) Payouts for bulk disbursements to banks, mobile money, paybills, and tills; and (4) Bill Payments for airtime, utilities, and Pay TV settlement with auto-reversal. A REST API with sandbox enables programmatic access to all functions. Government-specific modules add Revenue Collection, Citizen Billing, Public Disbursements, and Treasury Reconciliation. The platform serves 1,500+ institutional clients across Kenya, Uganda, Tanzania, and Rwanda.
Differentiator
Problem solved
Functional benefit
Products and services
- Payment Gateway / Checkout Multi-rail hosted checkout or embedded SDK that accepts payments via M-PESA, Airtel Money, Visa, Mastercard, PesaLink, RTGS, and bank transfer through a single integration, with real-time payment notifications and SHA-256 verified callbacks. Targets merchants and enterprises across East Africa needing unified payment acceptance.
- Reconciliation Dashboard
Quantifiable outcome
- Reduced M-PESA reconciliation from 3 days per month to automatic by 9 a.m. next morning
- +5 more outcomes
Companies that use JamboPay
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
JamboPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature8 records
JamboPay partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- M-PESA (Safaricom)coreCore payment channel integration for M-PESA mobile money transactions. Enables acceptance and disbursement to M-PESA wallets and tills across Kenya.
- Airtel MoneycoreMobile money integration for Airtel Money transactions, providing alternative MNO channel for payments and disbursements.
- VisacoreCard network integration for Visa credit and debit card acceptance on payment gateway.
- MastercardcoreCard network integration for Mastercard acceptance on payment gateway.
- PesaLinkcoreReal-time payment rail integration for instant bank-to-bank transfers in Kenya.
- 28+ Kenyan Banks (KCB, Equity, Co-op Bank, NCBA, etc.)coreDirect integrations with 28+ major Kenyan banks enabling bank transfers, payouts, and account validation across the banking ecosystem.
Scale indicators10 records
Recent moves9 records
Expansion highlights5 records
JamboPay competitors and assessment
Company assessmentDirect peers
- Flutterwave: Pan-African payment gateway offering multi-currency collections, payouts, and remittances across 30+ countries. Direct competitor to JamboPay in East Africa with comparable API-first developer positioning and multi-rail aggregation.
- Pesapal: Kenya-based payment gateway aggregating M-PESA, Airtel Money, cards, and bank transfers for SMBs and enterprises. Closest head-to-head East African competitor with similar mobile-money-first value proposition.
- Paystack: African payment gateway (Stripe-owned) accepting cards and mobile money with strong developer experience. Comparable API-first, multi-rail payment gateway model targeting African merchants and platforms.
- DPO Group (Direct Pay Online): Pan-African payment gateway enabling merchants to accept mobile money, cards, and bank payments across multiple African countries. Closely comparable payment aggregator targeting African merchants and enterprises.
- Onafriq (formerly MFS Africa): Pan-African cross-border payments network enabling mobile money interoperability and remittance corridors. Direct comparable for JamboPay's cross-border remittance offering across Kenya, Uganda, Tanzania, and Rwanda.
Broad incumbents
- Interswitch: Nigeria-headquartered African payment processing powerhouse spanning cards, switching, and digital commerce. Larger incumbent offering overlapping payment gateway capabilities across multiple African markets including East Africa.
- Cellulant: Pan-African digital payments platform connecting banks, mobile network operators, and merchants. Comparable payments infrastructure provider operating across East Africa with payments, collections, and disbursement rails.
Emerging players
- Chipper Cash: African cross-border payments platform offering P2P transfers, business payments, and remittances with mobile money integration. Comparable in cross-border East African corridors and mobile money aggregation focus.
Regional players
- Selcom Payware: Tanzania-based payment processor and mobile money aggregator serving East Africa. Comparable regional PSP with multi-rail payment switching, bill payments, and disbursement capabilities.
Others
- Safaricom (M-PESA Daraja / Lipa na M-PESA): Mobile network operator and dominant mobile money provider whose M-PESA platform is JamboPay's core channel. Functions as both key partner and indirect competitor via M-PESA's own merchant APIs and B2B offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
JamboPay social profiles
Digital presenceJamboPay compliance and trust
Trust signalCompliance4 records
JamboPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
JamboPay leadership team
Management profileNumber of profiles
Profiles1 record
JamboPay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
JamboPay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about JamboPay
What does JamboPay do?
JamboPay operates a Central Bank of Kenya-regulated payment infrastructure platform that enables businesses, governments, and fintech platforms to accept payments via mobile money (M-PESA, Airtel Money), cards (Visa, Mastercard), and bank transfers (PesaLink, RTGS, SWIFT) through a single integration. The platform also provides real-time reconciliation, bulk disbursements to banks and mobile wallets, white-label wallet issuance, biller integration (airtime, utilities, Pay TV), cross-border remittance across East Africa, and government revenue collection and treasury modules. Revenue is generated via per-transaction fees that differ by rail (e.g., KES 2,400 per M-PESA transaction, USD 24.00 per Visa card transaction).
Is JamboPay a public or private company?
JamboPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was JamboPay founded?
JamboPay was founded in 2009. It employs 11 to 50 people.
Where is JamboPay based?
JamboPay is headquartered in Nairobi, Kenya, in the Africa region.
How does JamboPay make money?
Five revenue lines are on record. Transaction Processing Fees are the primary driver. The others are wallet Services, government Revenue Collection, biller Integration Services and payout/Bulk Disbursement Services.
Who are JamboPay's main competitors?
Direct peers on record are Flutterwave, Pesapal, Paystack, DPO Group (Direct Pay Online) and Onafriq (formerly MFS Africa). Broad incumbents are Interswitch and Cellulant. Chipper Cash is listed as an emerging player. Selcom Payware is listed as a regional player. Safaricom (M-PESA Daraja / Lipa na M-PESA) is listed as an others.
Does JamboPay have an API?
Yes. REST API with JSON format for wallet management, collections, payouts, bill payments, and auto-debit. Supports mobile money (M-PESA, Airtel), cards (Visa, Mastercard, Amex), and bank transfers. Auth via OAuth Bearer token. Sandbox available. Version 1.1 (February 2023). Key endpoints include: Profile APIs, Universal Bill Payment APIs, Transaction APIs, Express Checkout, Biller APIs (Nairobi Water, Pay TV, airtime), Auto-Debit APIs, Payout APIs (bank, paybill, till, mobile), and IPRS identity verification. OTP-based authorization for sensitive operations; SHA-256 checksum for callback verification. Developer documentation is at jambopay.com/developers.
What industry is JamboPay in?
JamboPay's product category is Payment Infrastructure. Its primary akta.pro industry code is FSAMACAE, Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods), with a secondary code of FSAGAKAC, Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace). Its NAICS code is 522320 and its SIC code is 6199.