Fundz

Duplo Digitizes Payment Flows For African B2B Enterprises, Gets $4.3M Seed Funding

PRIVATEAug 31, 2022

Amount Raised

$4.3 Million

Round Type

Seed

LagosCommerce and ShoppingFinancial ServicesSoftwareCommerce And Shopping

Description

The process of sending and receiving payments in a $1.5 trillion B2B payments market in sub-Saharan Africa is one where merchants commonly use manual invoices and inefficient processes that burden merchants and make them struggle with their businesses.

Quick answer

Duplo raised $4.3 Million in a Seed round, dated August 31, 2022. Duplo is based in Lagos, Lagos State, Nigeria.

How much did Duplo raise?
Duplo raised $4.3 Million in a Seed round on August 31, 2022.
What does Duplo do?
We enable businesses across Africa to simplify their payment flows.
Where is Duplo based and how big is it?
Duplo is based in Lagos, Lagos State, Nigeria.
Who are the decision-makers at Duplo?
Fundz holds 1 contact at Duplo, including the Executive Assistant to Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

Companies in the same sectors as Duplo that raised within 45 days of this round, from Fundz verified event records.

  • HALO raised $2.6M (Seed) on September 20, 2022.
  • Kafene, Inc. raised $18M (Series B) on September 13, 2022.
  • Triple Whale raised $25M on October 14, 2022.
  • Mural raised $5.6M (Funding Round) on August 23, 2022.
  • OpenSpace raised an undisclosed amount (Series D) on August 9, 2022.
  • Pillow raised $18M on October 13, 2022.

Who to call at Duplo, and when

A new round usually means Duplo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Duplo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Duplo, from your own LinkedIn network

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Company Information

Company

Duplo

Location

Lagos, Lagos State, Nigeria

About

We enable businesses across Africa to simplify their payment flows.

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Fundz sees it the moment Duplo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsOgechukwu E., Executive Assistant to Chief Executive… hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Duplo's next move

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Duplo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.