The Simba Group
A diversified group spanning oil and gas, logistics, cash-in-transit, manufacturing and fintech, headquartered in Dubai with operations across East and Southern Africa.
- Home
- Company
From Tanzania to the United States.
“Crossing borders should open possibilities — not complicate everyday life.”
The idea behind Simba Money
Simba Money · Tanzania
The team behind the initiative.
§ 01 Our storyThree chapters
A group that builds, a payments team that ships — and a new market.
Our U.S. initiative grows out of Simba Money in Tanzania and the wider Simba Group — and is focused on one audience: international students.
Simba Money
A digital wallet, transfers, bill payments and a debit card — making everyday money easier for people in Tanzania and their families abroad.
Simba Money U.S.
An iOS-first platform for international students in America — in development, and now selecting licensed U.S. banking, payments and university partners.
§ 02 Simba Money Tanzania
Where our payments experience comes from.
Simba Money in Tanzania offers a digital wallet, peer-to-peer and international transfers, bill and school-fee payments and a Visa debit card.
Regulatory status in Tanzania. Simba Money (Private) Limited states that it is authorised and regulated by the Bank of Tanzania as an Electronic Money Institution. That authorization applies in Tanzania only and does not extend to the United States.
Separate jurisdictions. The Tanzanian business and the proposed U.S. program are distinct. Licensing documentation for the Tanzanian entity can be shared with prospective partners during due diligence.
§ 03 People
The people behind the initiative.
Product and payments experience from Simba Money Tanzania, with the backing of the Simba Group's leadership.
Nikita Dmitriev
General Manager · Simba Money
Farkhad Nakhdi
Product Development Lead · Simba Money
Gasper Mrosso
Head of Product · Simba Money Tanzania
Zaeem Hasan Khan
Team · Simba Money Tanzania
Farid Nahdi
Chairman · Simba Group of Companies
David Ndelwa
Group CEO · Simba Group of Companies
§ 04 How we build
Principles we hold ourselves to.
They guide product decisions today, and they're how partners should judge us tomorrow.
Start with the student
Design around preparation, arrival and campus life — the real moments when money needs to work.
Earn confidence
Be precise about what exists, what's planned and who is responsible for each part of a service.
Build through partnership
Pair our product focus with partners' licenses and expertise — and document how we work together.
Compliance by design
Controls, disclosures and complaint handling designed in from the first prototype, not bolted on.
§ 05 Corporate information
For your due-diligence file.
A summary for prospective partners. Formation documents, ownership and control information are provided directly during review.
- U.S. entity
- Simba Money LLC — a financial technology company, not a bank
- Stage
- U.S. platform in development; no consumer products offered
- Affiliation
- Part of the Simba Money and Simba Group of Companies ecosystem
- Group headquarters
- Business Bay, Dubai, United Arab Emirates
- Tanzanian affiliate
- Simba Money (Private) Limited — states authorization by the Bank of Tanzania as an Electronic Money Institution
- Due-diligence requests
- Start a due-diligence conversation
Now selecting launch partners
Build the U.S. student platform with us.
We're speaking with sponsor banks, card and payment providers, universities and specialist service partners. Tell us what you bring — we'll show you exactly where it fits.