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Top 50 Accounting Software in Africa
Discover the top 50 Accounting Software startups in Africa. Browse funding data, key metrics, and company insights. Average funding: $11.1M.
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Built Financial Technologies
This startup offers online accounting software that enables businesses to create personalized invoices, track expenses, and generate real-time financial reports. By automating financial management tasks, the software helps businesses streamline transactions and maintain accurate financial oversight.
Funding: $300K+
Rough estimate of the amount of funding raised
HubSync
HubSync offers a tax integration platform that consolidates essential accounting tools into a single interface, streamlining workflows and enhancing collaboration between firms and clients. By automating tax preparation and document management, it reduces administrative burdens and improves the overall client experience.
Funding: $5M+
Rough estimate of the amount of funding raised
Koa Technology
Koa's Lotus platform provides small and medium-sized enterprises in Africa with an integrated financial management solution that streamlines payment processing, invoicing, and accounting through automated workflows and real-time data access. By reducing administrative burdens and transaction costs by up to 30%, Lotus enables businesses to focus on growth and operational efficiency.
Funding: $2M+
Rough estimate of the amount of funding raised
Oze
Oze is a mobile application that provides small and medium enterprises (SMEs) in Africa with digital tools for bookkeeping, invoicing, and inventory management, enabling them to maintain accurate financial records. The platform also facilitates access to no-collateral loans, helping SMEs secure funding quickly while improving their creditworthiness for lenders.
Funding: $3M+
Rough estimate of the amount of funding raised
Prokip
Prokip is an integrated business management platform that combines tools for inventory tracking, sales processing, accounting, and customer relationship management, specifically designed for African businesses. It addresses the challenges of operational inefficiency and fragmented management by providing a centralized solution that streamlines business processes and enhances financial oversight.
Duplo
Duplo provides a suite of financial automation tools that centralize expense management, vendor relationships, and payment processes on a single dashboard. This platform enhances financial visibility and control, reducing manual effort and streamlining operations for businesses managing both local and international transactions.
Hsabati
Hsabati offers a modular management platform that integrates production, billing, finance, and project oversight tools, accessible on smartphones, tablets, and computers. The platform enhances working capital through invoice and supply chain financing, enabling organizations to streamline operations and improve cash flow management.
Funding: $5M+
Rough estimate of the amount of funding raised
inyad
Inyad develops mobile applications that enable small and medium-sized businesses to efficiently manage sales, track employee attendance, and automate bookkeeping processes. By providing tools that streamline operations and enhance online presence, Inyad supports over 4 million merchants in optimizing their daily business activities and improving financial oversight.
Funding: $5M+
Rough estimate of the amount of funding raised
Swypex
Swypex is an all-in-one financial platform that integrates corporate cards, business banking, cash management, and invoice processing to enhance financial visibility and operational efficiency for businesses. By streamlining these financial processes, Swypex enables companies to manage expenses and cash flow more effectively, ultimately supporting their growth objectives.
Bujeti
Bujeti is a financial management platform that provides virtual and physical corporate cards, enabling businesses to streamline expense tracking and automate payment processes. It addresses the inefficiencies of manual financial workflows and disconnected systems, enhancing cash flow management and compliance for African businesses.
Verifibuy Inc
This startup develops a mobile-based retail management suite that integrates accounting, non-cash payment processing, and AI-driven data analytics to enhance consumer insights. By providing detailed analytics on retail consumer behavior, the platform enables businesses to identify growth opportunities and improve operational efficiency.
Funding: $500K+
Rough estimate of the amount of funding raised
Brass
Brass is a digital banking platform that offers small and medium businesses essential financial tools, including payroll services and cash flow management, all accessible via a secure mobile and web application. By providing a streamlined account setup and integrated payment solutions, Brass addresses the challenges of managing business finances efficiently and effectively.
Funding: $3M+
Rough estimate of the amount of funding raised
Workpay
Workpay provides a cloud-based payroll and HR management platform that automates payroll processing, tax compliance, and employee benefits for local and remote teams across Africa. The solution eliminates manual payroll calculations and paperwork, enabling businesses to efficiently manage employee payments and HR tasks in real-time.
CloudPay
Cloudpay Ltd provides a cloud-based payment platform that automates payroll, salary payments, and financial operations for businesses, enabling them to manage employee compensation and supplier payments efficiently. By streamlining payment processes and offering real-time tracking, Cloudpay helps businesses reduce operational costs and improve productivity.
Funding: $100M+
Rough estimate of the amount of funding raised
Credrails
Credrail provides a financial technology platform that integrates banking, mobile money, and financial data into a single API, facilitating seamless interoperability for transactions across Africa. The solution automates reconciliation processes, ensuring accurate tracking of cash positions and reducing discrepancies in financial operations.
Funding: $3M+
Rough estimate of the amount of funding raised
PaidHR
PaidHR provides a cloud‑native platform that consolidates payroll, statutory remittance, benefits administration, and core HR workflows for SMBs and mid‑market enterprises with distributed workforces. The solution supports multi‑currency payroll, automated tax and pension filings, and offers APIs and white‑label capabilities for integration or payroll‑as‑a‑service, along with modules such as earned‑wage access and customizable benefits management.
Funding: $3M+
Rough estimate of the amount of funding raised
Mono
Provides APIs for securely linking financial accounts, collecting bank statements, and processing direct bank payments without cards. Simplifies financial data access and payment collection for businesses in Africa, reducing reliance on traditional payment methods and enabling seamless integration into web and mobile applications.
Prospa
Provides a digital banking platform tailored for Nigerian small businesses, offering features like business accounts, expense cards, invoicing, and spend management tools. Enables seamless payments, real-time spending tracking, and access to credit up to ₦1,000,000, streamlining financial operations and supporting business growth.
Funding: $3M+
Rough estimate of the amount of funding raised
Jem
Jem integrates with WhatsApp to deliver payslips, timesheets, and rosters while providing frontline employees with Earned Wage Access, all through a platform that is accessible on 95% of mobile devices in South Africa. This solution addresses the challenge of reaching deskless workers, achieving over 80% employee adoption rates without the need for new software onboarding.
Funding: $20M+
Rough estimate of the amount of funding raised
Yoco
Yoco provides an integrated commerce platform that combines card‑present payment terminals, cloud‑based POS software, online payment gateways and a cash‑advance financing product under a single account. The solution enables South African SMBs to accept card payments, track inventory and staff, access real‑time sales analytics and receive instant payouts, while financing is repaid automatically from daily sales. Transaction fees are charged per sale and hardware is sold outright with a low connectivity fee.
Funding: $50M+
Rough estimate of the amount of funding raised
Bumpa
Bumpa is a mobile application that provides small business owners in Africa with tools for inventory management, sales tracking, and payment processing, enabling them to receive payments in 15 seconds and manage operations from a single dashboard. The platform addresses the challenges of inefficient business operations by offering features like multi-currency payment options, automated order processing, and customer relationship management.
PeerCarbon
Peercarbon provides precision sustainability software that automates green financing origination and enhances emissions accounting for African SMEs. By leveraging granular emissions data and aligning with international standards, the platform enables businesses to improve sustainability metrics and access tailored green financial products.
Funding: $100K+
Rough estimate of the amount of funding raised
Flex Finance
Flex is a spend management platform that provides real-time visibility and control over business expenditures through mobile and web interfaces, along with corporate cards. It addresses the inefficiencies of delayed payments and manual expense tracking, enabling businesses in Africa to streamline their financial operations and enhance budgeting accuracy.
KONTA
KONTA is an end-to-end vendor spend management platform that automates the entire lifecycle of supplier invoices using artificial intelligence, significantly reducing manual data entry and processing errors. The platform provides real-time visibility into cash flow and spending, enabling organizations to streamline financial operations and enhance team productivity.
Funding: $1M+
Rough estimate of the amount of funding raised
TELA
TELA is a business intelligence platform that utilizes real-time data analytics and secure blockchain technology to facilitate financial management and cross-border payments for small and medium-sized enterprises and freelancers. By providing a centralized dashboard for invoicing and cash flow control, TELA addresses the challenges of managing finances and conducting international transactions efficiently.
Sava
Sava is a multi-management platform that provides unlimited virtual cards and automates accounting reconciliation, enabling companies to gain full visibility over their expenses and close monthly books up to six times faster. By leveraging a spend rule engine in partnership with Mastercard, Sava eliminates unauthorized expenses and the need for traditional expense reports, streamlining financial management for businesses of all sizes.
Funding: $2M+
Rough estimate of the amount of funding raised
Dukka
This startup provides digital payment and bookkeeping solutions tailored for African small businesses, utilizing software for cash flow management, inventory tracking, and transaction processing. By enabling businesses to accept various digital payment methods and generate e-receipts and invoices, it addresses the challenges of financial management and payment acceptance in a rapidly evolving market.
STACKIVY
Stackivy offers a financial platform providing personal finance management tools and tailored financial advice for individuals. Additionally, it enables businesses to build secure, custom financial applications to streamline operations and enhance decision-making.
Luca
Luca is a bookkeeping application designed for micro and small businesses in Africa, enabling users to efficiently track financial transactions and manage cash flow through real-time data analysis. The platform simplifies financial management by automating invoicing, expense tracking, and inventory management, allowing business owners to focus on growth rather than paperwork.
disco
Disco is a fintech application that utilizes AI to monitor expenses, provide cashback on every purchase, and recommend discounts based on user spending patterns. By allowing users to upload receipts and track their spending, Disco helps individuals manage their budgets effectively while maximizing savings through cashback and offers.
Churpy
Churpy provides an integrated receivables management solution that automates the reconciliation of outstanding invoices with incoming bank payments and harmonizes multiple bank transactions into ERP systems in real-time. This technology reduces days sales outstanding (DSO) and enhances cash flow visibility for businesses in Africa by streamlining payment tracking and allocation processes.
Zazu
Zazu provides a banking platform tailored for African founders and SMEs, integrating a robust bank account with invoicing, bookkeeping, and cash flow management tools. This solution addresses the inefficiencies of traditional banking, enabling entrepreneurs to streamline their financial operations and focus on business growth.
BrandDrive
BrandDrive offers a financial management platform that integrates bookkeeping, accounting, and payment processing tools, enabling African businesses to manage sales, expenses, and inventory in one place. The platform addresses the challenge of fragmented financial operations by providing real-time insights and multi-currency accounts to streamline business growth.
Funding: $100K+
Rough estimate of the amount of funding raised
Futa
Futa provides a cloud-based platform that streamlines business payment workflows, enabling efficient customer collections via mobile money and automated payroll and supplier disbursements. Its integrated employee mobile app offers instant salary reception, fee-free transfers, and access to credit facilities.
Patika
Sanifu automates the entry of sales orders from emails and WhatsApp into ERP systems by utilizing natural language processing and AI-driven data extraction. This technology eliminates manual order entry, significantly reducing processing time and minimizing errors for manufacturers.
PAYMINT
PayMint offers a cashless payment and payroll management system that enables businesses to process employee payments and manage payroll without the need for bank visits. The platform provides same-day onboarding, scheduled payments, and detailed reporting, ensuring secure and efficient financial transactions for over 5,000 beneficiaries.
OVARC
OVARC provides an all-in-one platform that automates global payroll processing, employee onboarding, and compliance with local labor laws, enabling businesses to efficiently manage their international operations. By streamlining incorporation and people operations, OVARC allows companies to focus on growth while ensuring adherence to tax regulations and optimizing operational costs.
wflow
Wflow.com is a cloud-based ERP plug-in that automates the collection, approval, and archiving of accounting documents, significantly reducing manual processing time by 40% to 80%. The platform integrates seamlessly with existing ERP systems, streamlining purchasing workflows and enabling mobile document management for enhanced operational efficiency.
Funding: $1M+
Rough estimate of the amount of funding raised
Tyms
The startup offers accounting and finance automation software that utilizes machine learning algorithms to streamline financial reporting and transaction processing for businesses. This technology reduces manual data entry errors and accelerates financial workflows, enabling companies to improve accuracy and save time.
Eazipay
Eazipay is a payroll software that automates payroll processing in just five minutes, utilizing a user-friendly interface to streamline data entry and calculations. This solution addresses the inefficiencies and time-consuming nature of traditional payroll systems, enabling businesses to manage employee compensation quickly and accurately.
Funding: $500K+
Rough estimate of the amount of funding raised
TradeStack by ibuQa.io
TradeStack by ibuQa.io is an end-to-end automation platform that unifies sales, logistics, and back-office data for route-to-market operations. It provides real-time visibility and automates reconciliation for inventory and payments, streamlining operations for manufacturers and distributors.
Niobi
Niobi is a centralized finance platform that enables businesses to manage finance operations, local and cross-border payments, and multi-currency accounts through a single dashboard. The platform provides real-time visibility and control over financial transactions, streamlining cash flow management and enhancing operational efficiency for businesses across multiple countries.
Ensibuuko
Ensibuuko provides cloud-based micro-finance software that automates operations for Savings and Credit Cooperative Societies (SACCOs), lending companies, and savings groups, enabling them to manage loans and savings digitally. This technology enhances operational efficiency and financial inclusion for underserved communities in Africa by transitioning traditional cash-based systems to secure, paperless solutions.
Sparkpay Payroll
SparkPay is a payroll management system that automates employee payments, tax compliance, and statutory deductions, allowing businesses to process payroll in just a few clicks. By eliminating manual payroll tasks, SparkPay reduces administrative burdens and ensures timely and accurate disbursements, enabling companies to focus on their core operations.
Klak Africa
Klak is a centralized platform that consolidates financial data from banks, ERP systems, and accounting software into a single dashboard, providing real-time visibility into cash flow and automating financial operations. By streamlining accounts receivable, payment collections, and reconciliation processes, Klak enables businesses to enhance efficiency, reduce administrative workload, and improve cash flow management.
Funding: $300K+
Rough estimate of the amount of funding raised
Monesize
Monesize is a financial management platform that enables users to track expenditures, set budgets, and analyze financial data through real-time insights and customizable dashboards. It addresses the inefficiencies of traditional financial tracking methods by consolidating personal and business finance management into a single, user-friendly application.
Tenakata
Tenakata is a mobile app that records daily cash flow and manages stock inventory for small businesses. The app provides financial data management and literacy support, and facilitates access to financing.
Yana
The startup develops cash flow management software that enables micro and small businesses to access loans through a streamlined application process. This solution addresses the challenge of limited financing options, helping businesses sustain operations, expand, and create job opportunities.
Funding: $100K+
Rough estimate of the amount of funding raised
Beezee
Beezee offers an online platform that centralizes invoicing, accounting, and financial reporting for businesses. It helps users manage their finances and analyze profitability through integrated tools.
Zuberi Pay
Zuberi Pay provides a free, automated payroll platform for businesses to manage salary disbursement and ensure regulatory compliance. It also offers Zuberi Stream, allowing employees to access earned wages daily for improved financial flexibility.