Nigerian fintech startup Billboxx has raised $1.6 million in pre-seed funding to improve its invoicing and cash flow solutions for small and medium-sized businesses (SMEs). The funding came from a mix of debt and equity investments from Norrsken Accelerator, Kaleo Ventures, 54 Collective, P2Vest, and Afrinovation Ventures. Launched in 2023 by Justus Obaoye and Abdulazeez …
Nigeria’s Billboxx raises $1.6 million in pre-seed funding.
Nigerian fintech startup Billboxx has raised $1.6 million in pre-seed funding to improve its invoicing and cash flow solutions for small and medium-sized businesses (SMEs). The funding came from a mix of debt and equity investments from Norrsken Accelerator, Kaleo Ventures, 54 Collective, P2Vest, and Afrinovation Ventures.
Launched in 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx offers a platform that helps businesses automate and simplify billing and payment processes. The platform aims to speed up payments, reduce delays, and make managing cash flow easier for businesses.
With the new funding, Billboxx plans to expand its platform and offer its services to more SMEs across Nigeria, helping them solve the problem of slow and complicated billing systems.
Billboxx’s goal is to make billing and payment tasks more efficient for businesses, saving them time and money while improving overall productivity. This funding is a big step in their mission to improve invoicing and payment solutions for SMEs in the region.
