What it sells
Venmo for B2B in Africa
Business model breakdown
Buyer: who owns the budget?
UnverifiedCFOs and finance teams of Nigerian and African enterprises (site addresses 'CFOs' and 'Evolving CFOs' community).
Trigger: what makes them buy now?
Nigerian NRS e-invoicing compliance deadline (countdown on homepage) and manual spreadsheet-based spend and vendor payment management.
Workflow: what inputs become what output?
Approval workflows, bulk payouts to vendors, receipt/reimbursement capture, automatic payment reconciliation and accounting-software sync, replacing spreadsheets.
Distribution: how it reaches customers
Self-serve signup ('Sign up for free') plus demo-led enterprise sales and quotes; partners page and case studies.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2022 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.