Tanzania's Bizzyn launches operations in Kenya, Malawi

STARTUP VENTURE CAPITALOctober 5, 2023 at 1:57 PM UTC

Tanzanian startup Bizzyn is making strides in the African small and medium-sized business (SMB) financial management sector. Founded in 2021 by Emmanuel Kimaro and Abbas Mussa with funding from Adanian Labs, Bizzyn offers a cloud-based financial management software tailored for SMBs in Africa. This platform simplifies financial processes, including bookkeeping, inventory management, invoicing, expense tracking, and financial reporting.

By providing an all-in-one solution, Bizzyn helps businesses streamline their financial workflows, enhance accuracy, and save both time and money, allowing them to concentrate on growing their operations. The startup is already serving clients in Kenya and Malawi, with ambitious expansion plans to reach more African markets.

There is also the potential for further expansion into other emerging markets facing similar business challenges. Bizzyn generates revenue through subscription-based pricing models, offering different tiers to accommodate the diverse needs of SMBs.

Key Takeaways

Even as tens of millions of Africans have come online in the past decade, most merchants in Nigeria still run their businesses offline—from managing money to keeping track of inventory, business records, staff, and suppliers. These manual processes can be time-consuming and error-prone. Bizzyn provides a suite of services that enable small business owners to incorporate digital tools in day-to-day operations. Although it’s just one of the many platforms offering such services in sub-Saharan Africa. Similar providers include Pastel, Bamba, OZÉ, and Kippa.