Contact M&A Advisor






    captcha

    All-in-one African Business Finance Technology for SMEs

    Description

    L#20230502

    The company launched to provide bank account for businesses to perform banking services. Service expanded beyond bank accounts and payments by providing inclusive financial services for businesses to access loans to grow faster. Service provides banking, payments, cash flow, and expense management – that helps businesses to save time, money and grow faster.

    The company expanded beyond bank accounts and payments by providing inclusive financial services for businesses to access loans to grow faster.

    The API service evolved to a “Finance as a Service” product that makes it easy for businesses to offer financial services product to their customers. Key learning: It was very difficult and expensive for businesses, most especially the new business owners to build a product.

    The company expanded beyond a banking platform to an all-in- one business finance solution for businesses in emerging markets. Key learning: 3,000 businesses signed up and a thriving community

    Market

    • 47M registered Businesses in Nigeria
    • 250M Businesses all over Africa
    • $1.5T B2B Market Opportunities in Africa
    • 20% Rapid Growth Annually

    Keypoints

    • $700K Raised Capital
    • $20M in Transaction Value
    • 3000 Business Users
    • 2600 Customers on waiting List

    Products

    • Banking Software
    • Accounts Invoicing
    • Payment & FX
    • Payroll
    • Cashflow
    • Business tools & much more

    Key benefits

    • Global accounts that supports expansion
    • Business tools that save time and support growth
    • Payment solutions 3 x cheaper than banks
    • Access to cash flow at low rates

    Investors

    • Techstarts
    • Seedstars
    • Expert Dojq

    Basic Details

    Target Price:

    $2,000,000

    Gross Revenue

    TBA

    EBITDA

    TBA

    Business ID:

    L#20230502

    Country

    Nigeria

    Detail

    Business ID:L#20230502
    Property Type:Financial Services
    Property Status:For Sale
    Target Price: $2,000,000
    Gross Revenue:TBA
    EBITDA:TBA
    Target Price / Revenue:2000000x
    Target Price / EBITDA:2000000x
    Contact M&A Advisor






      captcha

      Similar Businesses

      Published on August 15, 2023 at 3:35 pm. Updated on December 2, 2023 at 1:45 pm


      PREVIOUS PROPERTY

      10MW-Hydro Power Plant

      NEXT PROPERTY

      Georgian Professional Football Club

      The company launched to provide bank account for businesses to perform banking services. Service expanded beyond bank accounts and payments by providing inclusive financial services for businesses to access loans to grow faster. Service provides banking, payments, cash flow, and expense management – that helps businesses to save time, money and grow faster.

      The company expanded beyond bank accounts and payments by providing inclusive financial services for businesses to access loans to grow faster.

      The API service evolved to a “Finance as a Service” product that makes it easy for businesses to offer financial services product to their customers. Key learning: It was very difficult and expensive for businesses, most especially the new business owners to build a product.

      The company expanded beyond a banking platform to an all-in- one business finance solution for businesses in emerging markets. Key learning: 3,000 businesses signed up and a thriving community

      Market

      Keypoints

      Products

      Key benefits

      Investors

      MergersCorp M&A
      International As Seen On

      • brand 1
      • brand 1
      • brand 1
      • brand 1
      • brand 1