Pastel
Software suite helping African micro-merchants track transactions, reduce paper ledgers, and access credit.
What it does
Co-founded in 2021 by Abib Akay, Ozed Abdul, and Kahin Durrani, Pastel (formerly Sabi) builds digital bookkeeping tools for small businesses in West Africa. Pastel's product suite includes QuickKash and Sabi app, helping micro-merchants digitize sales records and manage customer credit.
Accounting & bookkeeping softwareSME / business lending
Known for
- Micro-merchant ledger digitization
- YC W21 graduate raising $5.5M Seed
Model & industry
SaaSEmbedded FinanceRetail & E-commerce
Funding history
$5.5M
Total raised
1
Rounds
Seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-08 | Seed | $5.5M | TLcom Capital |
Source: Condia Funding Tracker
Products & subsidiaries
QuickKash App · Digital Bookkeeping App
In the News
- 2022-08-15 · Pastel raises $5.5M seed led by TLcom to build digital tools for African SMEs · TechCrunch