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JABU

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JABU

B2B payments, transforming Africa's cash economy

gojabu.com
HQ: Windhoek, Khomas Region, Namibia
11-50
Fintech

Company research

Public company, workplace, funding, and market signals

Overview

JABU is a Namibian fintech and B2B commerce platform that digitizes cash-heavy merchant operations across Southern Africa with smart safes, a digital wallet, card acceptance, mobile-money collection, disbursements, and related cash-management services.

Primary product

JabuPay / JabuSafe cash digitization and payments platform

Founded

2020

Headquarters

Windhoek, Khomas, Namibia

Team size

50-60

Industry

Financial Services

Sub-industry

Fintech / cash digitization / B2B payments

Offices

Windhoek, Namibia
Lusaka, Zambia
Johannesburg, South Africa
Côte d’Ivoire (launch/operations announced in 2025)

Business model

Monthly fee for smart safe deployment and service
Payments and wallet-based transaction rails
Cash-in-transit and cash-management services
Distribution, merchandising, and logistics services
Future transaction commissions on wallet activity

Funding

Stage

Series A

Total raised

$21.5M

Latest round

Series A · May 2022

Latest amount

$15M

People & investors

Leadership

David Akinin

Founder & CEO

Kevin Hassan

Co-Founder

Marvin Cole

COO and Head of Partnerships

Wendy Corti

Head of Growth

Samuel Akinin

Partner

Investors

Afore Capital
Box Group
D Global Ventures
FJ Labs
Kli Capital
Knollwood
OldSlip
Pareto Capital
Quiet Capital
SAIS
Tiger Global
Visa Inclusive Fintech Accelerator
Y Combinator

Work & culture

Public recruiting copy emphasizes a diverse, entrepreneurial team and four stated values: Reinvent Cash, Move Fast, People First, and Think Big. The company also says it is hiring across Africa.

Compensation

No formal compensation policy or pay bands were publicly posted. Public company-profile snippets surfaced example role salaries, but they were not presented as an official compensation framework.

Product & market

Pricing

Primarily a predictable monthly fee for smart-safe deployment and service; the company also references logistics/distribution revenue and future wallet-transaction commissions.

Differentiators

  • —Turns physical cash into digital value immediately at the point of deposit
  • —Combines smart safes, wallet, card acceptance, and disbursements in one ecosystem
  • —Includes insurance, armed CIT pickups, maintenance, and training in the monthly fee
  • —Provides real-time dashboards and reconciliation
  • —Built specifically for cash-heavy Southern African markets

Technology

React
Zendesk
Freshdesk
Springboard
QuickBooks
Laravel
PHP
Microservices
Zoho
Python
WhatsApp
Airtable
HubSpot
Git
Flutter
Google Sheets
ClickUp
Mixpanel
Figma
Jira

Customers

Namcor
Mount Meru
Oryx
Puma
Engen
Shell
Namibia Breweries Limited
ABInBev
Bokomo
Coca-Cola
Namibmills
merchants and retailers across Southern Africa
banks and financial institutions

Competitors

Wasoko
TradeDepot
MaxAB
Chari
Omnibiz
MarketForce
Sabi

Scale & contact

Estimated revenue

USD 1M-$10M

Estimated monthly visits

550

info@gojabu.com+264 81 880 4590

Latest news

Jabu considers Namibia as future smart safe manufacturing hub

The Brief · Feb 2026

Jabu said it is exploring a smart-safe manufacturing facility in Namibia, alongside local workforce expansion and deeper partnerships with banks and enterprises.

Big News: JabuPay x MTN!

JABU LinkedIn · Oct 2025

Jabu announced an interoperability partnership with MTN Zambia so users can send funds between JabuPay and MTN numbers instantly.

Abidjan is alive, and so are we.

JABU LinkedIn · May 2025

Jabu announced its launch in Côte d’Ivoire, describing it as its 5th country and saying it was seeing strong interest from banks, supermarkets, petrol stations, manufacturers, and retailers.

Exciting news: JabuPay is now officially integrated with Airtel Zambia PLC

David Akinin LinkedIn · Apr 2025

JabuPay said it had integrated with Airtel Zambia, enabling instant transfers between JabuSafe/JabuPay and Airtel users and improving collections reconciliation.

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

TechCrunch · May 2022

TechCrunch reported JABU’s $15M Series A led by Tiger Global and highlighted its expansion plans across Southern Africa.

Apple App Store appCareersGoogle Play appLinkedIn company pageOfficial websitePrivacy policySupport/contact pageTerms and conditionsY Combinator profile
SourcesOfficial websiteCareers pagePrivacy policyTerms and conditionsLinkedIn company pageY Combinator profileTechCrunch seed roundTechCrunch Series AThe Brief manufacturing-hub storyDealroom traffic profileGoogle Play app page

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