Meet Germain Bahri, CGO at Zazu: Empowering SA Entrepreneurs with Seamless Financial Solutions

Germain Bahri is no stranger to the digital banking landscape. With a rich background as a digital banking consultant for leading neobanks and Banking-as-a-Service providers like Fidor Bank AG and Solaris SE , he has advised fintechs, corporates, and banks on launching innovative products that keep them relevant in today’s fast-paced digital world. Today, Germain channels this wealth of experience into his role as the co-founder and Chief Growth Officer (CGO) at Zazu , a pioneering financial digital bank designed to support South African entrepreneurs.

What is Zazu SA, and Why Is It Essential for Entrepreneurs Today?

Zazu is here to revolutionise the way entrepreneurs and SMEs manage their banking and financial operations. Unlike traditional banks that often leave entrepreneurs grappling with poor digital experiences, bureaucratic inefficiencies, and opaque fee structures, Zazu offers a powerful yet simple business banking account. This all-in-one platform not only handles everyday banking needs but also integrates invoicing, bookkeeping, and spend management tools into a single dashboard, making banking a catalyst for growth rather than an obstacle.

How Does Zazu Work? A Practical Example

Zazu combines everyday banking functionalities with a suite of integrated financial tools that cater to the unique needs of SMEs. Here’s a glimpse of what Zazu offers:

• Digital Incorporation: Simplifies the process of setting up your business.
• Everyday Banking: Offers a business account, card, and real-time transfers.
• Expense & Spend Management: Streamlines tracking and managing expenses.
• High Yield Accounts: Provides opportunities for better returns on your savings.
• Integrated Financial Tools: Includes tax management, cash flow management, accounting, and payroll services—all within the same platform.

Challenges Faced as a Startup

Launching a digital bank in South Africa comes with its own set of challenges, particularly when it comes to navigating local regulatory compliance. However, Team Zazu (Germain and his partner Rinse Jacobs) are well on their way to securing a licence, thanks to a partnership with a local bank. This will allow Zazu to accept customer deposits, issue cards, and manage all banking operations like a traditional bank, but with the seamless experience expected from a tech-driven company.

Latest and Exciting Company News

Zazu has officially launched, and over 300 SMEs have already joined the platform, with top brands lined up to come on board as well. The soft launch in Q4 marks a significant milestone, as Zazu continues to welcome early beta testers eager to experience this new banking solution for entrepreneurs. With tech infrastructure ready, regulatory processes progressing, and 15 key integrations including iKhokha , Lula , and shopstar , Zazu is supported by leading VCs and angel investors, setting the stage for a strong impact in the South African fintech space.

Business Growth Wish List

Germain’s vision for Zazu is ambitious; he aims to make it the best banking alternative for founders in South Africa and eventually across the entire continent.

Doing Business in South Africa: Germain’s Take

Germain sees immense potential in South Africa’s fintech sector, with new digital propositions like Yoco, Lula, and Tyme making significant strides. However, he believes there’s still a vast opportunity to re-bundle these tools into a single experience, paving the way for the next generation of digital banking leaders. Additionally, he finds the local business community to be welcoming and supportive, especially towards foreign founders.

Germain Bahri and Zazu are set to make waves in the South African fintech space, offering entrepreneurs the tools they need to succeed in a competitive market.