Duplo bring digitized B2B to Africa

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Duplo, which digitizes payment flows for African B2B enterprises, gets $4.3M seed funding – TechCrunch

Duplo enables African enterprises to collect payments from their clients and partners and make payments to their suppliers and vendors, has raised $4.3 million in seed funding.

techcrunch.com

The process of sending and receiving payments in a $1.5 trillion B2B payments market in sub-Saharan Africa is one where merchants commonly use manual invoices and inefficient processes that burden merchants and make them struggle with their businesses.

Duplo, a B2B payments startup that solves these issues by enabling African enterprises to collect payments from their clients and partners and make payments to their suppliers and vendors, has raised $4.3 million in seed funding. The news is coming just seven months after Duplo announced its $1.3 million pre-seed investment; in total, the YC-backed startup has received $5.6 million since Yele Oyekola and Tunde Akinnuwa launched it last September.

About us

Duplo is a technology company on a mission to make the world economy truly cashless.

www.tryduplo.com