Accounting Startups in Africa

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Accounting software market dynamic: Traditional players like Pastel still dominant, but nimble startups like Kippa and Expensya gaining traction with SMEs due to user-friendly interfaces and mobile-first approach. Accountants embracing cloud-based solutions for efficiency and scalability.

Cummulative Funding

$18.1M+

Total # of Companies

5

Total Deal Count

11

Total M&A Count

1

Total # of Investors

32

List of Accounting startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Kippa is a finance management solution for micro merchants in Africa.

Seed

$ 11,600,000

2021

2.

Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa.

Seed

$ 5,500,000

3.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

4.

Accounteer is a cloud accounting platform for small businesses

Seed

$ 230,000

2015

5.

A bespoke software development company

Undisclosed

Undisclosed

2017

Kippa

Founded

2021

Overview

Kippa is a finance management solution for micro merchants in Africa.

Last round

Seed

Total raised

$ 11,600,000

Employee

2-10

Pastel

Founded

Overview

Sabi is a Nigerian startup which builds digital solutions for small businesses in Africa.

Last round

Seed

Total raised

$ 5,500,000

Employee

11-50

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

Founded

2015

Overview

Accounteer is a cloud accounting platform for small businesses

Last round

Seed

Total raised

$ 230,000

Employee

2-10

Founded

2017

Overview

A bespoke software development company

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

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