Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: Inside Bujeti: The Startup Using AI to Centralise How African Businesses Spend, Save, and Grow
Across Africa, managing business finances often feels like juggling too many tools at once. One startup betting on closing that gap is Bujeti, a Lagos based fintech startup building an all-in-one platform that allows African businesses to manage spending, automate payments, and monitor finances in real time.
Backed by Y Combinator, Bujeti allows companies to issue corporate cards, process bulk payments, and manage multi-currency transactions, all while enforcing internal financial policies automatically.
“Most companies have efficient finance management problems, but nobody is building solutions for them,” Achille Arouko, founder and CEO of Bujeti said. “There are so many solutions for consumers that don’t go as far as I would like in serving businesses.”
“There were business banking and neobank solutions emerging at the time, but they focused mostly on moving and collecting money, not on helping businesses manage their overall finances.”
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On Startup Spotlight:
How ZuniQ Is Building Fast Cross-Border Payment Infrastructure to Help Businesses Trade Easily
Across Africa, outdated and fragmented payment systems continue to affect millions of enterprises that trade across borders every day. ZuniQ, a Nigerian fintech platform, is seeking to change that.
Designed for speed, scale, and security, the company says it is building modern cross-border payment rails that make it possible for businesses to send, receive, and convert funds in seconds, and not days.
ZuniQ embeds compliance and security into every layer of its system. All transactions are fully encrypted, monitored, and aligned with international regulatory frameworks. The company partners with licensed financial institutions across multiple jurisdictions to maintain robust oversight and transparency.
“Emerging-market businesses are built for growth, but the systems they rely on for cross-border payments are not,” says Joshua Nwogodo, CEO of ZuniQ. “They need infrastructure that moves as fast as they do.”
Quadri Adejumo brings you all the details. Read here.
Also Read:
Global Shop Group is Making a Strategic Entry into African E-Commerce Market with Ivorian Anka’s Acquisition. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
