A new way to Plan and Manage Money

Yes, Tembo has entered into a partnership with a bank that holds and keeps your money safe. When you sign up to start using Tembo, We create a bank account in your name, and this is where your money will be deposited.Tembo has entered into an agreement that enables your account to earn interest. Within the Tembo App you will be able to see how much interest you have earned on your balance.

Our mission is to help you achieve your financial goals. We believe that managing money with discipline is crucial for one to achieve financial growth, so we enable you to set specific goals for the things you aim achieve. Within the Tembo App you can create savings goals very easily.

You can add money to your Tembo account by making deposits towards your specific savings goals. Tembo allows you to pay money into your savings goals by using Mobile Money, as well as Visa/Mastercard cards. On your goal in the Tembo App, simply go to "deposit" and then enter the amount you want to add. Also, when you set your goals, you can set a deposit plan and money can be added to your goal periodically according to your settings.

When you start using the Tembo App, we open a bank account for you with our bank partner so that we can keep your money safe. So we need to get all the necessary information required to open your bank account. All the information we ask is required by the government and the central bank for anyone to open a bank account, this also involves your identity document and your photo. This information is also important as it makes sure that you or your next of kin can always access your money in case you dont have access to the app for one reason or another.

All the information submitted on the platform is used sorely for the purpose of delivering the service to you. Your information is encryprited and stored under the stringest privacy and security measures. All our partners are regulated by the government and governed by law with clear privacy and protection of information policies.

We do not store your Mobile Money PIN or passwords, and We do not store your card information as we work with a PCIDSS-compliant payment processor to handle all our customers’ card details. The PCIDSS is a standard guide, globally, that all reputable payment processors must adhere to.