Billboxx, the innovative African billing-to-payment platform, secured $1.6 million in pre-seed funding. Key investors like Norrsken Accelerator, Kaleo Ventures, and others supported this initiative. This funding will enhance Billboxx’s mission to solve cash flow challenges affecting African SMEs due to manual invoicing and deferred payments. The platform offers automated invoicing, secure payments, and tailored cash flow solutions, empowering businesses to achieve growth.
Founded in 2023, Billboxx has facilitated over $4 million in invoice payments since its MVP launch in May. Strategic partnerships with Nigerian banks and African payment gateways bolster its payment process. The funding will enable Billboxx to expand its reach and impact more SMEs across Africa.
Original Source: Billboxx Secures $1.6M Funding
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