Pastel, A Nigerian Bookkeeping And Digital Platform For Merchants, Raises $5.5M Led By Tlcom
Amount Raised
$5.5 Million
Round Type
Funding Round
NigeriaFinancial ServicesFinanceE CommerceMarketplaceFintechLendingDescription
There’s no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million businesses of varying sizes, according to reports.
Quick answer
Pastel raised $5.5 Million in a Funding Round round, dated August 15, 2022. Pastel is based in Nigeria.
- How much did Pastel raise?
- Pastel raised $5.5 Million in a Funding Round round on August 15, 2022.
- Where is Pastel based and how big is it?
- Pastel is based in Nigeria.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Pastel that raised within 45 days of this round, from Fundz verified event records.
- Ryft raised $1.6M (Seed) on September 1, 2022.
- Numida raised $12M (Funding Round) on September 28, 2022.
- FinVolution Group raised an undisclosed amount (Funding Round) on September 26, 2022.
- Nakamoto raised $250K on September 14, 2022.
- Fazz raised $100M (Series C) on September 14, 2022.
- Eightco Holdings raised $28M on September 14, 2022.
Who to call at Pastel, and when
A new round usually means Pastel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pastel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pastel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Pastel. With Fundz connected, it knows.
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Fundz sees it the moment Pastel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Pastel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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