Ronald Chaula, a mobile development engineer from Dar es Salaam, Tanzania, is redefining digital payments across East Africa.

In 2023, Chaula launched PesaLock, a fintech startup designed to meet African business realities with secure and seamless payment and financial management solutions.

PesaLock builds tools that allow users to receive payments, track sales, generate real-time reports, and access key services such as inventory management and invoicing. By harnessing mobile and cloud technology, the platform reaches even areas with weak banking infrastructure. Security remains a priority; PesaLock integrates advanced authentication and data protections to address Africa’s growing cybersecurity needs.

The company’s platform connects buyers and sellers through a secure network, primarily targeting small and medium enterprises (SMEs), merchants, and entrepreneurs. PesaLock emphasizes ease of use, speed, and fraud prevention in a region where digital trust still poses major challenges.

Alongside his PesaLock duties, Chaula works as a developer at aSoft Ltd., a Tanzanian software publisher. He holds a computer science degree from the University of Dar es Salaam (2018) and earned a bachelor’s in IT management and programming in 2024.

Chaula gained early experience through internships in 2019 and 2020 in web design and mobile app development, respectively. Between 2023 and 2024, he managed programs and centers before fully committing to his tech venture.

PesaLock earned recognition in 2024 by winning the “Most Innovative and Creative Product” award at Starthub Africa’s Demo Day, highlighting its impact in Africa’s entrepreneurial ecosystem.

This article was initially published in French by Melchior Koba

Edited in English by Ange Jason Quenum