NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

By Grace Ashiru

Bujeti, the African corporate cards and spend management platform, has successfully secured $2 million in seed funding. The startup, which plays a crucial role in assisting African businesses, ranging from SMBs to startups and enterprises, in effectively managing and navigating their finances, garnered this funding from lead investor Y Combinator. Other notable backers include Entrée Capital, Voltron Capital, Unpopular V.C., Kima Ventures, Arash Ferdowsi (co-founder of Dropbox), Alan Rutledge, Tristan Walker (Heirloom V.C.), and Abdul Hassan (CEO of Mono).

Photo by Tima Miroshnichenko from Pexels.