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Duplo

Automating B2B payment flows and accounts receivable/payable for African enterprise supply chains
ActiveFintechSpend Management & BNPLLagos, LagosFounded 2021

What it does

Duplo was founded in 2021 by Yele Oyekola, Tunde Akinnuwa, and Emeka Okwuagwu to automate B2B payment flows and financial back-office operations for African businesses. The platform enables fast account reconciliations, corporate card management, vendor payout automation, and ERP software integration. Y Combinator-backed Duplo is recognized for modernizing B2B commerce ecosystems.

Bulk / mass payoutsProcurement / AP automationInvoicing & receivablesPayment processors / acquirers

Known for

  • B2B payment automation for enterprises
  • Y Combinator-backed B2B platform
  • Automated financial reconciliation tools
  • FMCG distributor payment digitization

Model & industry

API-as-a-ProductSaaSAll / Cross-industry

Funding history

$5.6M
Total raised
2
Rounds
Pre-seed
Latest stage
2022
Latest year
DateStageAmountLead investor
2022-08Seed$4.3MLiquid2 Ventures
2022-02Pre-seed$1.3MOui Capital

Products & subsidiaries

Duplo Accounts Automation · B2B Cash Operations PlatformDuplo B2B Checkout · B2B Payment Rails

Acquisitions

  • Koree (2024). Francophone Africa cashback and trade tech company acquired to drive expansion.

People

Investors

External links