$13 MILLION RAISED. INTERNATIONAL INVESTORS. A MAJOR BANKING PARTNERSHIP. TWO NIGERIAN FOUNDERS ARE BUILDING THE FINANCIAL INFRASTRUCTURE BEHIND AFRICA'S BUSINESSES. The bigger story is how Yele W. Oyekola and Tunde Akinnuwa, co-founders of Duplo, are transforming the way African companies manage payments and financial operations.
Founded in Nigeria, Duplo is developing a financial technology platform designed to simplify how businesses manage money, expenses and financial workflows. The milestones behind its growth: $13 million in cumulative funding reported. International backing from investors including Y Combinator. A strategic integration with ALAT for Business, Wema Bank's business banking platform. Technology connecting business payments, expense management and financial reconciliation.
What makes Duplo particularly compelling is the problem it is solving. As African businesses grow, managing payments, suppliers and financial operations becomes increasingly complex. Duplo is helping companies automate those processes, improve financial visibility and operate more efficiently. For Yele Oyekola and Tunde Akinnuwa, the ambition extends beyond building another fintech startup. They are developing the financial tools that growing African businesses need to operate, compete and scale.
Africa's next fintech champions will not only serve millions of consumers. They will also build the financial infrastructure powering millions of African businesses.
