In the last year, the company introduced an artificial intelligence-powered ledger, offered business banking functions and built a new version of its bookkeeping app.
In 2023, Kapital’s customer base grew to 80,000 small businesses in Mexico, Colombia and Peru. It also acquired Banco Autofin Mexico S.A. in September.
Kippa, the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 million in an oversubscribed seed round.
The company is able to underwrite online businesses in less than 48 hours and provides facilities for funding up to 80% of an acquisition under a flexible, revenue-based schedule.
The power grid supply in Africa is erratic and inconsistent, affecting rural and urban households and businesses. For restaurants or neighborhood stores dealing with perishables, frozen foods and beve
Founded last year, Guava aims to reduce the racial wealth gap by providing financial services to Black small businesses.
Finli’s platform was developed so owners could send invoices, look up customer information and check on payment status in between gigs.
When Yoeal Haile started Aspira, a lending service, in 2017, he wanted to give Kenyans more choice about buying stuff on credit. The business eventually grew to a point where it offered over $1 millio
The company provides working capital based on sales forecast data to resolve the shipping, fulfillment, advertising and inventory cost of goods for e-commerce sellers.
In the developed world, almost anyone can get financing for, say, a car lease. But in an emerging economy like South Africa, the only people who own cars or can even get a car lease are the people who
Fundid has a three-pronged approach to simplifying access to capital for small businesses with fewer than 10 employees.
Its API technology can approve businesses for the BNPL in seconds so they can begin offering the installments.
Jobox connects companies with vetted professionals for home service jobs via a marketplace, thus eliminating the need for customers to vet professionals themselves.
For our business model, raising a credit facility to fund all of the spend for our customers made the most sense.
OZÉ, a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised a $3 million pre-Series A round. The startup’s ne
Cash flow is a major pain point for small businesses in Africa. Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which researc
The company's tools digitize for small businesses what was traditionally done manually and on paper, like invoices.
Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. Due to that, most of them still rely on scribbles using pen and paper
For many small businesses, trying to manage their employees’ Apple devices and keep them up-to-date is a huge challenge. These businesses tend to lack sophisticated IT departments, and when devi
Small and medium enterprises make up more than 95% of all businesses in Nigeria. But despite their sheer size and importance, a majority of them are underserved by financial institutions and lack the