African Fintech for SMEs: Banking, Payments, Loans & Finance-as-a-Service
Financial Details
- Asking Price:
- $2,000,000
- Profit Metric:
- Cash Flow
- Location:
- NG
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents an opportunity to acquire an all-in-one African Business Finance Technology company targeting Small and Medium-sized Enterprises (SMEs). The business offers a comprehensive suite of financial services, including banking, payments, cash flow management, expense management, and access to loans, designed to help businesses save time, money, and accelerate growth. The platform has evolved into a 'Finance as a Service' (FaaS) offering, simplifying the process for businesses to provide financial services to their own customers, addressing a key pain point of high development costs for new businesses. The company has demonstrated traction, with 3,000 businesses signed up and a thriving community. The market opportunity in Africa is substantial, with 47 million registered businesses in Nigeria and 250 million across Africa, within a B2B market valued at $1.5 trillion and growing at 20% annually. Key achievements include $700K in raised capital and $20M in transaction value, with 2,600 customers on a waiting list. The product suite includes banking software, accounts invoicing, payment & FX, payroll, cashflow tools, and other business utilities. Key benefits for customers include global accounts for expansion, time-saving business tools, cost-effective payment solutions (3x cheaper than banks), and access to cash flow at low rates. The company has received investment/support from Techstarts and Seedstars.
Industry Information
- Industry Description:
- Fintech and Financial Services for SMEs in Africa
- Classification:
- Financial Services
Real Estate & Lease
- Status:
- Available_on_request
Listing Details
- Listing ID:
- 9497d1d8-a93f-4d66-b453-78ac42520005
- Deal Status:
- For Sale
- Date Posted:
- November 09, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD