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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: $19.2M.
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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: $370.0K
Rough estimate of the amount of funding raised
Google for Startups
Google for Startups
Funding: $370.0K
Rough estimate of the amount of funding raised
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: $5.4M
Rough estimate of the amount of funding raised
Nashville Capital Network
Nashville Capital Network
Funding: $5.4M
Rough estimate of the amount of funding raised
FootPound ERP provides financial software solutions that include bookkeeping and financial reporting through scalable packages tailored for businesses. The platform addresses the need for efficient financial management by streamlining accounting processes and enhancing visibility into financial performance.
Founded 2022
Invoicemonk is an online invoicing and accounting tool designed for freelancers and small businesses. It enables users to create and send professional invoices, manage expenses, and track payments, streamlining financial operations for independent professionals and small enterprises.
Oze provides a business application suite for SMEs featuring bookkeeping, invoicing, inventory management, and an online shop. The platform also offers financial services, connecting small businesses with no-collateral loans. Additionally, Oze supplies lending management software to banks and fintechs to facilitate profitable SME lending with reduced non-performing loans.
Funding: $3.9M
Rough estimate of the amount of funding raised
Visa Accelerator
Visa Accelerator
Funding: $3.9M
Rough estimate of the amount of funding raised
The startup develops business management software that automates financial record-keeping and capital access through features like customer management and real-time tracking of cash flows. This solution enables users to efficiently manage outstanding debts and access critical financial data, addressing the challenges of financial oversight and capital acquisition for businesses.
Google for Startups
DigiTax provides an automated tax compliance platform for SMBs and accounting firms. It streamlines tax filing through intelligent automation, accurate calculations, and direct integration with financial systems, reducing manual effort and compliance risks.
20+
2K+Approximate amount of employees
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: $7.5M
Rough estimate of the amount of funding raised
Funding: $7.5M
Rough estimate of the amount of funding raised
The startup offers a mobile application that enables users to link credit and debit cards for secure payments, including money transfers and bill payments. This platform consolidates financial transactions in one interface, allowing users to track expenses and make informed spending decisions.
Funding: $500.0K
Rough estimate of the amount of funding raised
Y Combinator
Y Combinator
Funding: $500.0K
Rough estimate of the amount of funding raised
Duplo provides a unified financial operating system for businesses, centralizing expense management, B2B payments, and global account services. The platform automates workflows through features like approval routing, bulk payments, and real-time reporting for enhanced financial control. It enables local and international transactions with multi-currency support and FIRS-compliant e-invoicing capabilities.
Funding: $6.2M
Rough estimate of the amount of funding raised
Alumni VenturesNama VenturesPioneer Fund
Alumni VenturesNama VenturesPioneer Fund
Funding: $6.2M
Rough estimate of the amount of funding raised
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.
Funding: $2.5M
Rough estimate of the amount of funding raised
Arash FerdowsiKima VenturesUnpopular Ventures
Arash FerdowsiKima VenturesUnpopular Ventures
Funding: $2.5M
Rough estimate of the amount of funding raised
Brass provides a unified financial toolkit designed for modern retail and internet businesses to manage money movement and operations. The platform enables users to easily send and receive payments, manage invoicing, and track cash flow through an intuitive dashboard. It integrates with essential business tools like Slack and QuickBooks to streamline financial collaboration and reporting.
Funding: $4.7M
Rough estimate of the amount of funding raised
Hustle FundVentures Platform
Hustle FundVentures Platform
Funding: $4.7M
Rough estimate of the amount of funding raised
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: $570.0K
Rough estimate of the amount of funding raised
Google for Startups
Google for Startups
Funding: $570.0K
Rough estimate of the amount of funding raised
Paynas is a digital platform that streamlines HR processes by automating attendance tracking, vacation management, and payroll calculations through a single interface. The platform also offers Visa-powered payroll cards, eliminating cash wages and reducing payroll accounting errors for businesses while providing employees with access to financial services.
Founded 2018
Swypex provides an integrated financial platform designed to streamline business operations through corporate cards, business banking, and cash management tools. The platform centralizes financial activities, offering businesses enhanced control and efficiency in managing spending and payments. Users can simplify expense tracking and invoice processing all within a single ecosystem.
Funding: $4.0M
Rough estimate of the amount of funding raised
Accel
Accel
Funding: $4.0M
Rough estimate of the amount of funding raised
Prospa provides digital business banking services, including current accounts and payment processing, tailored for growing enterprises in Nigeria. The platform offers flexible business loans and invoice financing options based on operational history and structure. Additionally, it features expense cards and spend management tools for real-time team expenditure control and financial oversight.
Funding: $3.9M
Rough estimate of the amount of funding raised
Funding: $3.9M
Rough estimate of the amount of funding raised
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: $4.5M
Rough estimate of the amount of funding raised
FMO
FMO
Funding: $4.5M
Rough estimate of the amount of funding raised
Axis provides a digital banking platform that enables small businesses to manage payroll, reimburse employee expenses, and facilitate instant payments through a secure mobile wallet. By allowing employees to access earned wages early and track expenses via receipt uploads, Axis addresses the challenges of timely salary disbursement and expense management without hidden fees.
Funding: $10.3M
Rough estimate of the amount of funding raised
Raba PartnershipSawari Ventures
Raba PartnershipSawari Ventures
Funding: $10.3M
Rough estimate of the amount of funding raised
Bizlr provides a suite of financial management tools that streamline payroll processing, facilitate secure money transfers, and enhance operational efficiency for businesses in Africa. By addressing the complexities of financial operations, Bizlr enables companies to maintain compliance and optimize resource allocation, ultimately supporting sustainable growth in local communities.
Moniepoint Inc. provides a unified platform for payments, banking, credit, and business management, enabling businesses and individuals in Africa to conduct seamless financial transactions and manage their operations efficiently. By processing $17 billion monthly and supporting 10 million accounts, it addresses the challenges of payment acceptance and financial accessibility in emerging markets.
Funding: $205.6M
Rough estimate of the amount of funding raised
Visa
Visa
Funding: $205.6M
Rough estimate of the amount of funding raised
Workpay provides a unified HR and payroll software platform designed specifically for companies operating across Africa. The solution offers core functionalities including payroll processing, time and attendance tracking, expense management, and Employer of Record (EOR) services. This enables businesses to manage multi-country employee operations efficiently while ensuring local statutory compliance and facilitating regional expansion.
Funding: $10.3M
Rough estimate of the amount of funding raised
AXIANNorrsken VCPlug and Play
AXIANNorrsken VCPlug and Play
Funding: $10.3M
Rough estimate of the amount of funding raised
Traction Apps provides a suite of business management tools, including payment processing, invoicing, and inventory management, all accessible from a single platform. This solution enables businesses to streamline operations and enhance cash flow by facilitating secure transactions and real-time tracking of sales and payments.
Founded 2018
SMEgo is an online platform that provides small and medium-sized enterprises with access to funding opportunities, insurance, and essential business management tools, including payroll and invoicing. By centralizing these services, SMEgo enables businesses to streamline operations, manage finances, and secure necessary resources for growth.
Founded 2020
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: $120.0M
Rough estimate of the amount of funding raised
Blue Owl
Blue Owl
Funding: $120.0M
Rough estimate of the amount of funding raised
Good Tenants provides a property management platform that automates operations, enhances tenant and landlord communication, and generates accurate financial reports in minutes. The software addresses inefficiencies in manual processes and helps property managers unlock new revenue opportunities while reducing operational costs.
Earnipay provides a digital payroll platform that integrates with existing payroll systems, allowing employees to access a portion of their earned wages on-demand while offering financial education and personal finance management tools. This solution addresses the challenge of delayed salary disbursement, enhancing employee financial well-being and improving overall financial health for businesses.
Funding: $4.3M
Rough estimate of the amount of funding raised
Canaan Partners
Canaan Partners
Funding: $4.3M
Rough estimate of the amount of funding raised
This startup offers a one-time payment invoicing software that provides users with five years of access to its features. The software simplifies billing processes and reduces administrative overhead for businesses by automating invoice generation and tracking.
Founded 2022
The startup offers a financial management platform that enables businesses to create and distribute payment links through text and email, facilitating seamless transactions. Its features include payment tracking, subscription management, and customer scoring, which help businesses lower recurring revenue costs and enhance profit margins.
Funding: $11.4M
Rough estimate of the amount of funding raised
TLcom Capital Partners
TLcom Capital Partners
Funding: $11.4M
Rough estimate of the amount of funding raised
Oliv provides digital invoice financing for small and medium enterprises in Egypt, offering a revolving credit line that can be accessed within 48 hours of submitting e‑invoices. The platform uses an automated credit engine to evaluate business performance, assigns a credit limit, and allows businesses to draw funds, repay, and reuse the facility without requiring integration with accounting software. Revenue is generated through transparent fees applied to each financing transaction.
Algebra VenturesAlter Global
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: $70.0M
Rough estimate of the amount of funding raised
TPG
TPG
Funding: $70.0M
Rough estimate of the amount of funding raised
Tropic provides an Intelligent Spend Management platform that integrates real-time AI insights with supplier intelligence to automate procurement processes and enhance visibility over spending. By managing $10 billion in spend, Tropic enables businesses to reduce procurement inefficiencies and achieve an average savings of 20% on software expenditures.
Funding: $67.1M
Rough estimate of the amount of funding raised
Insight Partners
Insight Partners
Funding: $67.1M
Rough estimate of the amount of funding raised
Finche is a personal finance platform that aggregates financial accounts and provides users with real-time insights into their financial health. By organizing finances in one place, Finche helps users make informed financial decisions and track their progress towards financial goals.
Founded 201810+
This climate-centric platform provides software solutions for comprehensive carbon accounting, decarbonization planning, and sustainability reporting aligned with the GHG Protocol. It also streamlines green finance origination, making sustainable funding more accessible for SMEs. The platform connects users with verified clean technologies for energy efficiency and renewables deployment.
Funding: $100.0K
Rough estimate of the amount of funding raised
Baobab Network
Baobab Network
Funding: $100.0K
Rough estimate of the amount of funding raised
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.
LEDGERS is a cloud-based accounting platform that simplifies financial management for small businesses. The platform offers tools for invoicing, payments, and GST compliance, providing an integrated solution for handling finances and connected banking services.
3+
2K+Approximate amount of employees
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: $1.1M
Rough estimate of the amount of funding raised
Azur Innovation Fund
Azur Innovation Fund
Funding: $1.1M
Rough estimate of the amount of funding raised
Luca provides a simple, mobile bookkeeping application designed for micro and small businesses to efficiently track daily financial transactions. The platform offers detailed business insights through real-time reporting, debt tracking for managing customer receivables, and integrated inventory management. This financial oversight enables business owners to make more informed decisions and focus on growth.
Funding: $100.0K
Rough estimate of the amount of funding raised
Techstars
Techstars
Funding: $100.0K
Rough estimate of the amount of funding raised
Churpy provides integrated receivables management solutions focused on modernizing account receivable finance operations in Africa. The platform automates invoice reconciliation by connecting bank data with ERP systems and offers electronic invoice presentment for flexible debtor payments. This service helps businesses reduce Days Sales Outstanding (DSO) and optimizes working capital financing through bank partnerships.
Funding: $1.1M
Rough estimate of the amount of funding raised
AntlerNairobi Business Angel NetworkRaliCap
AntlerNairobi Business Angel NetworkRaliCap
Funding: $1.1M
Rough estimate of the amount of funding raised
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: $100.0K
Rough estimate of the amount of funding raised
Baobab Network
Baobab Network
Funding: $100.0K
Rough estimate of the amount of funding raised
Flex Finance provides a unified spend management platform that digitizes business financial operations for enhanced control and visibility. The platform offers tools for expense accounts, approval workflows, and automated expense categorization across all transactions. It facilitates reliable bulk payments, issues corporate expense cards for international use, and provides access to business overdraft facilities.
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.
AUR Fintech
Lotus provides a business banking platform designed to simplify financial operations for companies. The service offers integrated tools for bulk disbursements, collections via invoices and payment links, and multi-currency treasury management. This platform aims to increase efficiency by automating reconciliation and payables while reducing transaction fees.
Funding: $2.5M
Rough estimate of the amount of funding raised
Funding: $2.5M
Rough estimate of the amount of funding raised
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: $1.0M
Rough estimate of the amount of funding raised
Seed Starter ČS
Seed Starter ČS
Funding: $1.0M
Rough estimate of the amount of funding raised
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: $2.0M
Rough estimate of the amount of funding raised
Funding: $2.0M
Rough estimate of the amount of funding raised
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: $6.1M
Rough estimate of the amount of funding raised
Funding: $6.1M
Rough estimate of the amount of funding raised
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.
Zazu provides a digital, all-in-one business banking solution accessible entirely via mobile for small companies and entrepreneurs. The platform integrates essential financial tools including digital incorporation, invoice management, and expense tracking into a single account structure. This service eliminates hidden fees and streamlines daily financial operations for growing businesses.
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.
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.
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.