EvMak Tanzania

EvMak Tanzania, located in Dar es Salaam, specializes in advanced financial technology solutions that facilitate cashless transactions for a diverse client base, including startups and large corporations. EvMak Tanzania was founded in 2011 and operates from its headquarters in Dar es Salaam, Tanzania. The company provides financial technology solutions aimed at enhancing cashless transaction efficiency. Details regarding pivots or subsidiaries are not available.

The founder's history is not documented, and there are no references to previous companies established by them. EvMak has completed one significant deal, with the most recent deal occurring on March 9, 2026, when it raised an undisclosed amount of funding. EvMak Tanzania specializes in delivering advanced financial technology solutions that empower a diverse client base, including startups, small to medium enterprises (SMEs), large corporations, and individuals. The company's core offerings encompass a payment gateway, KYC (Know Your Customer) verification services, and digital solutions designed to facilitate cashless transactions.

Their technology leverages emerging innovations such as artificial intelligence, machine learning, and the Internet of Things to enhance efficiency in sectors like banking, communications, and the broader financial industry. These products are tailored to meet the needs of various geographic markets, focusing on regions with burgeoning financial sectors, although specific regional markets are not disclosed. The comprehensive suite of solutions underscores EvMak’s commitment to fostering a cashless economy and transforming traditional business practices. EvMak Tanzania generates revenue through a structured model that includes subscription-based services, partnerships, and direct transactions with clients.

Clients engage with EvMak’s offerings, such as the payment gateway, via a subscription plan that provides access to integrated financial technology tools, facilitating seamless payment processing. The firm collaborates with retailers and wholesalers, enhancing their operations through tailored KYC verification services, which streamline compliance and customer onboarding. While specific pricing details for individual products and services are not disclosed, EvMak's flagship offerings are designed to capture a wide market segment, ensuring that both B2B and direct-to-consumer transactions contribute to a robust revenue stream. The company's initiatives, including environmental sustainability programs tied to product sales, further align its business model with broader social goals, enhancing its attractiveness to potential customers and partners.

In March 2026, EvMak Tanzania raised an undisclosed amount of venture funding from new investor develoPPP Ventures to support its expansion plans. The company aims to introduce new products focused on enhancing cashless transaction capabilities, with expected launches in the coming year. Additionally, EvMak plans to expand its services into new markets in East Africa by late 2026, capitalizing on the growing demand for financial technology solutions in the region. The recent funding will be utilized to facilitate these product developments and market expansion efforts.