Kobopay

About this project

Banking that helps you think.

Most banking apps make spending as fast as possible. KoboPay gives you a moment to pause. You set your own spending limits, and the app enforces them, so your budget is something your account actually respects, not just a note you wrote down.

How it works

When you sign up, you verify your identity once with your NIN and get your own KoboPay account number. The NIN is used only to open the account and isn't stored. You then create a transaction PIN and set limits for the periods you care about: daily, weekly, monthly or yearly. Each limit can cover transfers, card payments and bill payments.

As you spend, KoboPay tracks how much of each limit you've used and when it resets. It warns you as you get close. Once you reach a limit, further payments in that category are declined until the period resets.

For real emergencies there's an Emergency Unlock: confirm with your PIN and your limits are lifted for a short window. Only you can authorize spending beyond your limits, and doing it takes a deliberate step.

Everyday banking, built in

• Receive money into your personal account number, share your details in one tap, or fund your account with card, bank transfer or USSD.
• Send money to any bank account, with account-name lookup and a confirmation step before anything leaves.
• Pay bills: airtime, mobile data, electricity (prepaid tokens shown straight after purchase), cable TV and internet.
• Activity and receipts: a full transaction history, with shareable receipts for every payment.
• Notifications when money arrives, when a payment is declined, and when you're close to or over a limit.

Key features