Tanzanian startup Bizzyn, a cloud-based financial management software designed specifically for small and medium-sized businesses (SMBs) in Africa, is already operating in Kenya and Malawi as it plans further expansion across the continent.
Founded in 2021 by Emmanuel Kimaro and Abbas Mussa, with funding from Adanian Labs, Bizzyn offers a comprehensive suite of tools and features to simplify financial management processes, including bookkeeping, inventory management, invoicing, expense tracking, and financial reporting.
By providing an all-in-one solution, the startup helps businesses streamline their financial workflows, improve accuracy, and save time and money, allowing them to focus on growing their operations.
“Many existing solutions were either too complex, expensive, or not localised to the region’s financial regulations and requirements,” Kimaro says when asked by Disrupt Africa to describe the gap his company is filling.
“While there are international competitors in the financial management software space, Bizzyn’s focus on local customisation and affordability sets it apart from the competition.”
He describes uptake as “encouraging”.
“Since our launch, we have gained traction among SMBs in Africa looking for a cost-effective and user-friendly financial management solution. Bizzyn’s user base has steadily grown, and customer feedback has been positive, highlighting its effectiveness in simplifying financial management tasks,” Kimaro said.
The startup is already working with customers in neighbouring Kenya and Malawi, and has ambitious expansion plans to reach more African markets and even potentially expand to other emerging markets with similar business challenges. Bizzyn generates revenue through subscription-based pricing models, offering different tiers to cater to the varying needs of SMBs.
