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Jabulani Money

4.3 (344 reviews)

Jabulani Money lends R500–R8 000 over 61–90 days online and in its Android app. Run by Clearwave Innovations (Pty) Ltd, NCR-registered as NCRCP22362.

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Jabulani Money at a glance

In short: Jabulani Money is a young online lender, run by Clearwave Innovations (Pty) Ltd and registered with the National Credit Regulator as NCRCP22362 since June 2025. It lends R500 to R8 000 for 61 to 90 days, entirely online or through its Android app. On top of interest you pay a once-off initiation fee and a monthly service fee; its own example puts a R2 000 loan over 90 days at R2 864.71 to repay. Facts from Jabulani Money's Google Play listing (updated 21 October 2026) and the NCR register, checked 26 October 2026.

Key facts

Jabulani Money
LenderClearwave Innovations (Pty) Ltd, trading as Jabulani Money
Company registration2025/213906/07
NCR registrationNCRCP22362 (registered June 2025)
Loan amountR500 – R8 000
Term61 – 90 days
Maximum APR (lender's disclosure)116.06%
Initiation fee15% of loans up to R1 300; R165 + 10% of the amount above R1 000 for larger loans
Service feeR60 a month, charged pro rata for the days in the month
ApplyOnline at jabulanimoney.co.za or in the Android app
SecurityNone — unsecured
Contact087 260 8782, support@jabulanimoney.co.za
Address1st Floor, 61 Katherine Street, Sandton, 2196

Who is behind Jabulani Money

The brand belongs to Clearwave Innovations (Pty) Ltd, a South African company registered in 2025. The P2P investment platform PeerBerry, which funds some of its loans, lists Jabulani Money as a 2026 originator whose loans carry a group guarantee from the Gofingo Group. So the brand is new, but it is not operating on its own.

Is Jabulani Money legit?

It is a registered credit provider: the National Credit Regulator lists Clearwave Innovations (Pty) Ltd under NCRCP22362. Check it yourself on the credit provider register at ncr.org.za, or call the NCR on 0860 627 627. Being registered means the National Credit Act applies in full: affordability checks, capped fees and a pre-agreement quotation before you sign.

Because the brand is young, there is little independent customer feedback yet — its Android app had a 4.6-star rating from only 21 reviews in October 2026. Treat early ratings as a weak signal and judge the offer on the quotation in front of you.

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Jabulani Money review: when a 90-day loan makes sense

4.30 reviews
Rating distribution
5 ★
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4 ★
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3 ★
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2 ★
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1 ★
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Verdict: Jabulani Money is a reasonable option for a small, one-off shortfall of up to R8 000 that you can clear within three months — for example a car repair or school costs — when a bank loan is not available to you. It is a costly way to borrow, so it should not be used for regular expenses or to pay off other short-term loans.

What we like

  • Up to R8 000 — more than many first-loan payday apps
  • Two to three months to repay instead of a single payday
  • Fee formulas and a full cost example are published before you apply
  • Registered with the NCR; the National Credit Act applies to every loan

What to watch out for

  • Expensive: a R2 000 loan over 90 days costs R864.71 in interest and fees (43%)
  • Maximum APR of 116.06% — short-term credit is the most expensive way to borrow
  • A young brand with little independent customer feedback yet
  • Android app only; no iPhone app was listed in October 2026

Who it suits

  • Employed borrowers who need R500 to R8 000 and can repay within 61 to 90 days.
  • People who prefer to see the fee formula before applying: Jabulani Money publishes it.

Who should look elsewhere

  • Anyone who needs more than R8 000 or longer than three months: an instalment loan from a bank or a lender such as Capfin spreads the cost over 6–24 months.
  • Anyone already behind on other debt or under debt review.

What it really costs

Jabulani Money's own example for a first loan: R2 000 over 90 days — interest R330.19, an initiation fee of R265.00 plus R39.75 VAT and service fees of R199.80 plus R29.97 VAT — R2 864.71 in total. Fees make up more than half of that cost, which is why small loans over short terms are always expensive relative to the amount.

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Jabulani Money loan conditions and fees

Loan parameters

ParameterDetail
AmountR500 – R8 000
Term61 – 90 days
Maximum APR116.06% (as disclosed by the lender)
Initiation fee (loans up to R1 300)15% of the amount
Initiation fee (R1 300.01 – R8 000)R165 + 10% of the amount above R1 000
Service feeR60 a month, pro rata for the remaining days of the month

How the fees work out

LoanInitiation fee
R1 000R150
R2 000R265
R5 000R565
R8 000R865
Calculated from Jabulani Money's published formula, before VAT (15% is added on top).

Representative example

ItemAmount
LoanR2 000
Term90 days
InterestR330.19
Initiation feeR265.00 + VAT R39.75
Service feesR199.80 + VAT R29.97
Total to repayR2 864.71
Source: Jabulani Money's Google Play listing, updated 21 October 2026.

What different amounts cost over 90 days

LoanInterestInitiation fee incl. VATService fees incl. VATTotal to repayCost as % of loan
R1 000R165.09R172.50R229.77R1 567.3757%
R2 000R330.19R304.75R229.77R2 864.7143%
R4 000R660.38R534.75R229.77R5 424.9036%
R8 000R1 320.76R994.75R229.77R10 545.2832%
Our estimate, using the interest rate in Jabulani Money's R2 000 example and its fee formula; the R2 000 row matches the lender's own figure. Your quotation is binding and may differ. The pattern is the useful part: the smaller the loan, the larger the share eaten by fixed fees.

What the law allows on short-term loans

Loans of up to R8 000 for up to six months are short-term credit under the National Credit Act. The regulations cap what any registered lender may charge:

CostLegal maximum
Interest, first loan in a calendar year5% a month
Interest, further loans in the same year3% a month
Initiation feeR165 + 10% of the amount above R1 000, never more than R1 050 (plus VAT)
Monthly service feeR60 (plus VAT)
Credit life insurance, if the lender requires it, is capped separately. Anything in a quotation above these limits is a reason to walk away and report the lender to the NCR.

Who qualifies

  • You are 18 or older and have a valid South African ID.
  • You have a regular income paid into a bank account in your own name.
  • You pass a credit check and the affordability assessment required by the National Credit Act.
  • You are not under debt review.

Your rights

  • You receive a pre-agreement quotation with the rate, every fee and the total before you sign.
  • You may settle early; interest stops on the date you settle.
  • Complaints go first to Jabulani Money (support@jabulanimoney.co.za), then to the Credit Ombud (0861 66 2837) or the NCR (complaints@ncr.org.za).
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How to apply for a Jabulani Money loan

You apply online at jabulanimoney.co.za or in the Jabulani Money Android app; there are no branches.

Step by step

  1. Choose the amount and term — R500 to R8 000, 61 to 90 days.
  2. Fill in the application with your ID number, contact details, employer, income and bank account.
  3. Credit and affordability check. Jabulani Money checks your credit report and compares your income with your expenses, as the National Credit Act requires.
  4. Read the pre-agreement quotation. It shows the interest, the initiation and service fees and the total to repay.
  5. Sign electronically and approve the debit order for the repayment date.

What you need

ItemDetail
IDValid South African ID
IncomeRecent bank statements or payslips showing regular income
Bank accountIn your own name; the loan is paid into it and repaid from it
CellphoneFor OTPs and loan updates

Before you apply

  • Borrow the smallest amount that solves the problem: the initiation fee grows with the loan.
  • If you already have another short-term loan, do not use this one to repay it.
  • Check your free credit report with TransUnion or Experian first if you have been declined recently.

If Jabulani Money declines you

A decline usually means the affordability check left too little room, or your credit report shows recent arrears. Before you apply anywhere else:

  1. Get your free credit report from TransUnion or Experian and look for errors or accounts in arrears.
  2. Wait at least a few weeks — several applications in a short time make lenders more cautious.
  3. Apply for a smaller amount, or choose a lender whose criteria fit your situation:
If you…Consider
need less than R4 000 and want a lower repeat rateLendPlus (36% a year for returning clients)
need money on a weekendPrimeLoans (eWallet payout any day)
were declined for your credit recordSouthern Finance (a poor record is not an automatic decline)
are permanently employed and need more timeCapfin (6–24 months, up to R50 000)
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How Jabulani Money pays out

Approved loans are paid into the bank account in your name that you gave in the application. Jabulani Money does not pay cash or pay third parties.

  • Payment is made after you sign the agreement and approve the repayment debit order.
  • Approvals and payments are processed on business days; applications finished late in the day or over a weekend are paid on the next business day.
  • If the money has not arrived within one business day of signing, contact support on 087 260 8782 or support@jabulanimoney.co.za with your ID number.

From application to money in your account

StepTypical timing
Application5–10 minutes online or in the app
Credit and affordability checkMinutes to a few hours on business days
Signing and debit order approvalAs soon as you accept the quotation
Money in your accountUsually the same business day after signing
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How to repay Jabulani Money

Repayment

The total is collected by debit order from your bank account on the date in your agreement. Keep enough money in the account on that day — a failed debit costs you bank charges and puts the loan into arrears.

Settling early

You can repay before the due date. Interest is charged only until the day you settle, so an early repayment reduces the cost; fees already charged are not refunded. Ask support for an exact settlement figure first.

If you cannot pay

  • Contact Jabulani Money before the due date on 087 260 8782 or support@jabulanimoney.co.za. A payment arrangement is easier to agree before the debit fails.
  • Missed payments can be reported to the credit bureaus and make future borrowing harder.
  • If you are struggling with several debts, you may apply for debt counselling under the National Credit Act; find a registered debt counsellor on ncr.org.za.
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Jabulani Money — Comparison with Similar Options

Jabulani Money against three NCR-registered lenders with a similar loan size. Limits from each lender or the MoneyHello lender list, October 2026.

Jabulani MoneyPrimeLoansSouthern FinanceCapfin
AmountR500 – R8 000R500 – R4 000 (up to R8 000 for repeat clients)R500 – R8 000R1 000 – R50 000
Term61 – 90 days62 – 90 daysAbout 1 – 3 months6 – 24 months
NCR numberNCRCP22362NCRCP20937NCRCP11981NCRCP13053
ApplyOnline, Android appOnline, Android and iOS appsOnlineOnline, SMS, PEP/Ackermans
Best forUp to R8 000 on a first loanFast payout, eWallet optionShort loans paid via DebiCheckLarger amounts over months

Confirm the current limits and the total cost in each lender's pre-agreement quotation.

Jabulani Money or PrimeLoans?

Both lend over roughly two to three months with the same initiation-fee formula. PrimeLoans caps first loans at R4 000 and offers an eWallet payout that arrives outside banking hours; Jabulani Money lets a first-time borrower go up to R8 000.

Jabulani Money or Capfin?

If you need more than R8 000 or want to spread repayments over a year, Capfin's 6–24-month instalment loan will cost less per month — but it is only for permanently employed applicants.

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Jabulani Money — Frequently Asked Questions

Yes. Jabulani Money is the trading name of Clearwave Innovations (Pty) Ltd, registered with the National Credit Regulator as NCRCP22362 since June 2025.

Between R500 and R8 000, repaid over 61 to 90 days, depending on your credit check and affordability assessment.

Its own example: R2 000 over 90 days costs R2 864.71 in total — R330.19 interest, a R265 initiation fee and R199.80 in service fees, plus VAT on the fees. The maximum APR it discloses is 116.06%.

An initiation fee of 15% on loans up to R1 300, or R165 plus 10% of the amount above R1 000 on larger loans, and a service fee of R60 a month charged pro rata.

Yes, an Android app on Google Play published by Clearwave Innovations (Pty) Ltd. No iPhone app was listed in October 2026; iPhone users can apply on jabulanimoney.co.za.

By debit order from your bank account on the date in your agreement. You can settle early; interest stops on the settlement date.

Call 087 260 8782 or email support@jabulanimoney.co.za. The registered address is 1st Floor, 61 Katherine Street, Sandton.

No. Registered lenders may not grant new credit while you are under debt review.

Sultan Kanatov, Editor-in-Chief, CreditDeals
Author
Sultan Kanatov
Editor-in-Chief, CreditDeals
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Verified by: CreditDeals Editorial Team
Published: 19 May 2026
Updated: 26 October 2026

This article is for informational purposes only and does not constitute financial advice. Check the status of the specific company in the NCR register. Please read the contract carefully before signing. rating methodology.

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Jabulani Money — Get Money Now

Jabulani Money lends R500–R8 000 over 61–90 days online and in its Android app. Run by Clearwave Innovations (Pty) Ltd, NCR-registered as NCRCP22362.

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CreditDeals may earn a referral fee when you use partner links on this page. Tracked links are marked sponsored; promoted partners show a «Recommended» label in catalog listings. The rating on this page is an editorial score, not payment for placement.