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Nigerian fintech BizFlex Africa launches to empower African freelancers, small businesses

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By Tom Jackson on February 13, 2025 Startups, West Africa

Nigerian fintech platform BizFlex Africa has launched with the goal of helping African freelancers and small businesses better manage their finances, simplifying local and international transactions, reducing costs, and integrating essential financial tools.

The second product of Nigerian fintech startup FastaMoni, BizFlex Africa solves a daily challenge for many entrepreneurs – the hassle of managing finances across multiple platforms with high fees and complex banking restrictions. The platform offers multi-currency accounts, virtual USD cards, automated invoicing, international invoice settlements, and an AI-powered accounting system – all in one place.

“Africa’s freelancers and SMEs need more than just financial access; they need comprehensive, affordable solutions tailored to their unique challenges,” said Adetola Adele, CEO of BizFlex Africa. “Fragmented tools and high transaction costs limit real growth. BizFlex offers a simple, all-in-one financial ecosystem that empowers businesses to scale.”

With BizFlex, multi-currency accounts enable smooth global transactions, while USD virtual cards simplify payments on international platforms. The invoicing system supports VAT, discounts, partial payments, and automated reminders – helping businesses get paid faster. Users can also manage expenses, automate accounting, and even set up a mini online store with inventory management and integrated checkout.

“Freelancers and SMEs struggle with payment failures and high fees. While BizFlex is not a bank, we provide a cost-effective way to send and receive money across borders while offering essential financial tools for growth,” said co-founder and COO Ayodeji Jaiyeola.

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Tom Jackson
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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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