A UNCDF program, PesaTech, has successfully mobilized over $18 million for Tanzanian fintech companies between 2022 and 2025. This investment is significantly bolstering Tanzania’s emerging status as a key hub for digital finance and financial inclusion in the region. According to UNCDF Programme Coordinator, Tian Zhang, the initiative is proving successful in strengthening the Tanzanian fintech ecosystem. The program’s funding is intended to support innovation and expansion within the sector. This development signifies increasing international confidence in Tanzania’s digital economy. PesaTech’s impact demonstrates UNCDF’s commitment to fostering sustainable financial systems in developing nations and supporting economic growth through technology. The program is expected to further accelerate financial inclusion across Tanzania.