mytalu
“Can a London-incorporated, Bank of Zambia-licensed neobank deliver premium digital banking and payments infrastructure to underserved Zambian consumers and businesses?”
Founded2020
HQLondon, United Kingdom
IndustryFintech / Neobank
The story
Founded in 2020 in London, mytalu launched as a digital wallet and payments app targeting Zambia — positioning itself as 'Modern Money for Zambia'. The platform is licensed and regulated by the Bank of Zambia and offers personal and business accounts, virtual Mastercard cards, saving pots, budgets, and analytics. With only 4 employees, it remains a seed-stage startup with international recognition through fintech competitions but no disclosed funding rounds.
Product timeline
2020
mytalu Ltd founded, headquartered in London, with focus on Zambian market.· banking
2023
Finalist at Africa Fintech Summit in Lusaka, Zambia, signalling early product-market traction.· banking
2024
Shortlisted for Tech Startup of the Year at Techtrends Zambia 2024.· banking
2025
Shortlisted for Emerging Markets Pitch Competition at Fintech Week London and Tech Startup of the Year at Techtrends Zambia 2025.· banking
Regulated entities
1
regulatory licence held by mytalu
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in mytalu’s embedded-finance stack
Card network
Accounting gap: none