Duplo is an embedded payments product for B2B businesses in Africa. We provide APIs and user interfaces, businesses can use to collect and attribute payments.
Location: Nigeria, Lagos State, Lagos
Employees: 1-10
Total raised: $5.6M
Founded date: 2021
Investors 7
Funding Rounds 2
| Date | Series | Amount | Investors |
| 09.09.2022 | Seed | $4.3M | Commerce V... |
| 10.02.2022 | Pre-Seed | $1.3M | - |
Mentions in press and media 20
| Date | Title | Description |
| 11.11.2025 | EQWIRE Launches Digital Alternative to Bank Accounts for Global Customers | London, The United Kingdom, November 11th, 2025, FinanceWire Global cross-border payments are projected to exceed €268 trillion by 2030, driven by the globalization of trade and remote work. Yet, international transactions still face delays... |
| 06.12.2024 | New Duplo report calls for inflation-adjusted compensation and improved training support to retain talent in Nigeria’s finance sector | Share this: Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Op... |
| 27.07.2023 | New report from Duplo reveals that Nigeria trails South Africa and Kenya in Africa’s B2B payment revolution. | A new report from Duplo, a business payment platform for African businesses of all sizes, has revealed that Nigeria trails South Africa and Kenya in the development of key B2B payment processes across Africa, including the adoption of elect... |
| 31.08.2022 | Nigerian B2B payment startup, Duplo, closes a $4.3 million seed round | Five months after completing a pre-seed round, Nigerian fintech startup, Duplo, has received $4.3 million in its seed round to improve payment for businesses. |
| 31.08.2022 | Duplo secures $4.3 million seed funding to enhance B2B payments | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to email a link to a friend (Op... |
| 31.08.2022 | Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding | 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... |
| 31.08.2022 | Duplo Secures $4.3M in Seed Funding | CEO Yele Oyekola, and CPO Tunde Akinnuwa Duplo, a Lagos, Nigeria-based provider of a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, raised $4.3M in Seed funding. The round w... |
| 31.08.2022 | Nigerian fintech, Duplo, raises $4.3 million in seed funding to digitise B2B payments | Oyekola and Akinnuwa Image Source: Duplo The B2B payments sector in sub-Saharan Africa offers a lot of promise. According to a 2016 World Bank report, micro, small, and medium retailers paid out $1.5 trillion to their suppliers in 2015. Cur... |
| 31.08.2022 | Duplo secures $4.3 million seed funding to transform B2B payments in Nigeria | Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria. The... |
| 22.07.2022 | What will it take to digitise B2B payments in Africa? | Digitising consumption in Africa has made significant progress. But digitally transforming boring business processes like how businesses pay other businesses has remained largely unchanged. However, now that entrepreneurs and investors are ... |
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